Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, said Tuesday the Bank of Bhutan has selected TCS BaNCS for its core banking solution to power its next generation banking services.
N Ganapathy Subramaniam, president, TCS Financial Solutions, commented on the Bank of Bhutan selection, saying, "We look forward to working with the Bank of Bhutan in its banking transformation initiative in the context of a strategic and personalized solution roadmap from TCS BaNCS. We wish to create a strong foundation for the Bank’s digital banking strategies with a focus on customer-facing ROI."
Shares of the company gained Rs 9.6, or 0.38%, to trade at Rs 2,506.50. The total volume of shares traded was 17,400 at the BSE (1.52 p.m., Tuesday).