Outsourcing deal for TCS
Posted on 01.03.2011 No Responses

Tata Consultancy Services (TCS) has won an Rs 85 crore deal to implement a financial inclusion solution for Indian Bank. The project, based on smart card and cloud computing technologies, will enable the bank to offer rural banking services in 5,500 villages , the software exporter said. The deal is for three years and TCS will provide the technology infrastructure, handheld devices and business correspondents to help the bank extend its coverage to people living in rural areas. The handheld devices will support biometric authentication to verify the identity of the person.



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