Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of the Finacle Youth Banking solution, a first-of-its-kind mobile-based banking solution for young people. The digital banking solution, specially designed for young customers between the ages of 12 to 18, is aimed at making banking a fun experience, while giving them a sense of financial responsibility.

Michal Reh, senior vice president and Global Head, Finacle, Infosys, said, ''Millennial and Generation Zs are valuable future customers and banking organizations are recognizing the need to engage this technology-charged demographic. With Finacle's Youth Banking solution, banks can take a lead in engaging with these young customers for their financial needs and aspirations. Catching them young gives banks an opportunity to forge long-term relationships, which in turn will result in increased loyalty and a higher share of wallet.''

Shares of the company declined Rs 19.2, or 0.98%, to settle at  Rs 1,942.40.  The total volume of shares traded  was  349,951 at the BSE (Thursday).