State-Owned Banks deposits tempt IT firms with higher yields
State lenders are becoming the choice for leading technology companies bankers, offering attractive returns compared to their private sector counterparts. Tata Consultancy Services (TCS), Infosys Technologies and Wipro, the top three software outsourcer in the country, has been parked most of the deposits (65-82%) and the national government. In 2008 it was the fear of […]