What is Bfsi project?

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What is Bfsi project?

BFSI stands for the Banking, Financial Services, and Insurance sector. Fundamentally, it represents a major portion of the multi-billion dollar Indian economy comprising all Banking, Insurance, and Non-Banking Financial Institutions. The latter is known as the NBFCs.

What is project in TCS?

TCS runs India’s passport project and India Post’s digital and financial inclusion project, among other e-governance projects. The government is stepping up use of such projects, including the one for income tax filings. On August 31, nearly five million people filed their tax returns online, a record for a single day.

When can I change project in TCS?

you see TCS is very flexible in technology switch. But keep in mind you have prepare before project switch as they take interview before taking candidates. First take release from your current project. To do so, first talk to your current manager saying that you need release from the project.

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How is TCS BFSI?

BFSI is the largest vertical for TCS, which grew 6.2\% sequentially in the September quarter and contributed 31.3\% to its total revenue. “Many European banks and insurance companies are going through a second generation of outsourcing as their earlier deals were stuck 10-15 years ago.

What is BFSI project in TCS?

Banking, financial services and insurance (BFSI) clocked a growth of 3.7\% quarter on quarter recently. It accounts for 31.1\% of TCS revenue, making it its largest vertical and expected to contribute over $ 6 billion this fiscal.

How are projects assigned in TCS?

Ans: You will be allocated to projects after you report to your base branch (where you’ll be posted) after completing your ILP. You will get projects according to your ISU or domain (ie. Banking and Financial Services, Telecom, Insurance etc.).

What is the importance of BFS domain in TCS?

BFS domain means Banking and Financial Services. This makes you eligible for Banking projects in TCS. As far as I know and have seen, banking projects are the best projects in TCS. Out of all the domains, its the BFS which earns the maximum revenue for TCS and thus the most important.

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What is the meaning of BFS na ISU in TCS?

BFS is Banking and Finance Sector. NA is for North America. In BFS NA ISU, you may get project from the North American Banks. Its a subdivision of the vertical BFS within TCS. It comprises of clients which are banks or financial institutions and placed in North Americas

What is it like to work on a support project at TCS?

In one sentence, support projects suck the blood from you, squeeze out every drop of life inside you and leave you tired, frustrated and exhausted. And this is not just the case in TCS but any support based project in India. Firstly you need to work in accordance to work timings of your client.

What is the scope of retail banking in TCS BFS?

The retail banking operations team of TCS BFS BPO has been servicing clients in India and Overseas since 1999 and the scope of activities range across businesses viz., assets, liabilities, cards, investments, Insurance and ATM.

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