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April 15, 2006

Wipro inks outsourcing deal with HDFC Bank

Wipro Infotech has signed a 10 year Rs 360 crore outsourcing deal with HDFC Bank. HDFC Bank has already made a mark in technological innovations and this contract with Wipro will further enhance its status in providing high quality service through technological improvements.

The outsourcing practices of HDFC Bank has helped the company to grab a stonghold in the Indian banking environment and this deal with Wipro will help in expanding its network and achieve cost optimization in providing service to it's clients. Wipro Infotech is the IT solutions and services division of Wipro Limited for India, Middle East and Asia Pacific. IT News Online reports:

"The key differentiator in the HDFC Bank win was our Program Governance framework, our customer friendly engagement model and technology depth. All three are critical elements in ensuring long term success of the relationship. We launched our Total Outsourcing business eighteen months ago and this is our fifth consecutive win," said Anand Sankaran, Vice President, Global - IT Outsourcing.

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