 "Oman Housing Bank chooses TCS for banking software; stock up 2%")
Shares of IT major TCS gave gained 1.7% to Rs 2,368 on the BSE after the company in a filing to the BSE stated that Oman Housing Bank (OHB) has chosen TCS BaNCS Universal Banking to provide an enhanced end-customer experience in its endeavor to become a leading housing finance bank in the region.
Oman Housing Bank (OHB) will replace its home-grown legacy systems with a comprehensive solution from TCS BaNCS covering loans, deposits, origination, payments, funds transfer and compliance.
Meanwhile, TCS has secured four prestigious awards for prominent client projects and innovations at the European Software Testing Awards 2015.
The stock opened at Rs 2,330 and touched a high of Rs 2,370 on the BSE. By 2pm, a total of 49,499 shares have changed hands on the BSE so far.
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