Markets

News Details

( 09/03/2018 09:20)
TCS BaNCS goes live in Gansu Bank, China in 18 months

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization has said that its flagship product TCS BaNCS has gone live in Gansu Bank, China.

Gansu Bank is the only provincial city commercial bank directly managed by the Gansu Provincial Government and has approval from China Banking Regulatory Commission. An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past.

The Bank took rapid growth strides powered by a robust platform that enables speed and compliance. This go-live involved integration of TCS BaNCS with 100 other peripheral systems and was a complex overhaul of the IT infrastructure in the Bank. This go-live expands TCS BaNCS' footprint in China with three other large credit unions that are already fully operational in addition to 20 other financial large banks and financial institutions in the country.

Meanwhile, shares of the company were trading at Rs 2983.30 apiece, down 0.61 per cent from the previous close at 09:25 hrs on BSE.

ATTENTION INVESTORS 1 : "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case | 2 : "Prevent Unauthorized Transactions in your demat / trading account --> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors. | 3 : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

SEBI Regn. NSE: INB231280430 I F&O: INF231280430 I BSE: INB011280436 I NSE CD: INE231280430 I MCX-SX: INE261280430

Copyright © 2017 Rikhav Securities Ltd. All rights reserved

Designed , Developed & Content Powered by DION