Newgen Software Technologies Ltd won the Asian Banker Award for the "Best Branch Automation and Networking Project" for its implementation at Dhanlaxmi Bank. The award recognizes Newgen's role in automating Dhanlaxmi Bank's branch operations through software that streamlined processes, improved customer service and helped the bank expand its network across India in a cost-effective manner. The implementation project was successfully completed within a short time period and to the satisfaction of Dhanlaxmi Bank.