At a time when most large banks are cutting costs, Goldman Sachs is likely to give out an IT deal worth upto USD 900 million, reports CNBC-TV18 quoting Kritika Saxena.
It is learnt that the IT deal to handle application development infrastructure management services (IMS) in three geographies may span across 10 years.
Sources add that Goldman Sachs may select three IT vendors for the deal. Bidding for the deal to begin in August and most large IT firms are expected to be in the race for it.
Goldman Sachs is unavailable for comment. Also watch the accompanying video.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
