 "US Bancorp")
Information technology (IT) services majors Tata Consultancy Services (TCS), Wipro, Cognizant, and ANSR have emerged as key bidders for a mandate from US Bancorp, which is looking to set up two global capability centres (GCCs) in India, according to people familiar with the development.
The fifth-largest US bank plans to insource a large portion of its technology (tech) work and is evaluating partnerships to build centres in Hyderabad and Chennai. While the Hyderabad unit is likely to be a wholly owned centre, the Chennai facility is expected to be operated under a build-operate-transfer (BOT) model.
US Bancorp joins its larger
