Its IT and technology services achieved customer revenue of Rs 2,454 crore during the quarter, registering growth of 9 per cent. won fresh orders worth Rs 21,516 crore despite sluggish investment climate, and some of the anticipated orders did not materialise due to delay in bid process, he added. Its IT and technology services achieved customer revenue of Rs 2,454 crore during the quarter, registering growth of 9 per cent. Likewise, financial services logged customer revenue of Rs 2,108 crore, up 11 per cent, driven by higher loan disbursements mainly in microfinance, housing and wholesale finance. Raman said domestic growth appears to take longer time as investment momentum remains weak and the banking system is burdened by NPA overhang.

Source: dna January 28, 2017 14:00 UTC