HomeNewsTechnologyIndian Banking To Spend Rs. 416 Bn On IT In 2013: Gartner

Indian Banking To Spend Rs. 416 Bn On IT In 2013: Gartner

This forecast includes spending by financial institutions on internal IT (including personnel), hardware, software, external IT services and telecommunications.

January 29, 2013 / 13:05 IST
Story continues below Advertisement

Indian banking & securities companies will spend 416 billion rupees on IT products and services in 2013, an increase of more than 12 percent over 2012 revenue of 370 billion rupees, according to Gartner, Inc. This forecast includes spending by financial institutions on internal IT (including personnel), hardware, software, external IT services and telecommunications. Click here for full story

first published: Jan 29, 2013 12:51 pm

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!