HCL Infosystems bags IT order from Punjab and Sind Bank

Thursday, 10 March 2011, 22:29 IST   |    1 Comments
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HCL Infosystems bags IT order from Punjab and Sind Bank
NEW DELHI: IT firm HCL Infosystems on Wednesday said it has received an order from Punjab and Sind Bank (PSB) to provide smart card-based solutions in over 1,500 villages across the country for an undisclosed amount. The partnership aims to facilitate the provision of smart card-based technology solutions for financial inclusion, besides engaging and managing business correspondents deployed in unbanked villages allotted to PSB, HCL Infosystems said in a press release. However, the company did not disclose the financial details of the deal. HCL Infosystems will be providing end-to-end solutions for PSB's financial inclusion project involving supply of the core banking and enrollment software, installation, operation, maintenance of servers and networking, management and maintenance of hardware and software, delivery and support for banking and financial services to the bank, it added.
Source: PTI