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IDFC Bank inks pact with TCS for core banking solutions

08 Dec 2015 Evaluate

IDFC Bank has inked a pact with IT services major Tata Consultancy Services (TCS) to use TCS BaNCS for its core banking solutions. The core banking solution equips IDFC Bank with a flexible, easy-to-scale system that will help it deliver a differentiated customer experience.

IDFC Bank started operations on October 1 this year with 23 branches, powered by TCS BaNCS.

 

Peers
Company Name CMP
HDFC Bank 710.25
ICICI Bank 1350.40
Axis Bank 1256.40
Kotak Mahindra Bank 439.00
Indusind Bank 874.20
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