International Business Machines Corp. Monday said it reached a 10-year information technology outsourcing agreement with Kurmanchal Nagar Sahakari Bank Ltd, an urban co-operative bank in the state of Uttarakhand in India. Kurmanchal Nagar Sahakari Bank is a licensed urban co-operative bank having 17 branches in the state of Uttarakhand.
As part of the agreement, IBM would remotely host and manage the IT infrastructure, manage the disaster recovery site and provide the networking infrastructure for the bank.
Source: http://www.rttnews.com/
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