Nayagarh,(Baghuabarta): IT services major Tata Consultancy Services (TCS) on Wednesday said its long-standing partnership with State Bank of India (SBI), India’s largest bank, has been extended for another five years. The extended partnership builds on a two-decade long relationship between the two organisations, that began with the implementation of the TCS BaNCS core banking solution in 2001. As part of the new contract, TCS will continue to maintain and enhance SBI’s application estate around core banking, trade finance, financial reporting, and financial inclusion with new features and functionality, a statement said. This will support the bank’s ability to launch newer offerings and respond to business and regulatory changes, it added.
SBI extends contract with TCS for five years
