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3i Infotech Limited ( (IN:3IINFOLTD) ) has provided an announcement.
3i Infotech Limited has secured a new 12-month contract from a leading private sector bank in India to digitize and manage legacy credit card application records. The rate card–based engagement, with an approximate value of Rs 2.04 crore, covers inventory preparation, data entry, barcoding, scanning, indexing, storage, retrieval, and secure shredding, all under strict data security and compliance standards.
The project is expected to enhance the bank’s visibility, accessibility, and regulatory compliance around historical customer records, underscoring 3i Infotech’s role as a provider of business process services in document management and digitization. While the deal is below the company’s materiality threshold, its disclosure highlights ongoing traction in the domestic financial sector and the growing demand for secure digitization of legacy data in Indian banking.
More about 3i Infotech Limited
3i Infotech Limited is an Indian IT services and business process outsourcing company that provides digital transformation, software, and managed services to enterprises. The company focuses on sectors such as banking and financial services, where it delivers solutions in areas including document management, data processing, and regulatory compliance support.
Average Trading Volume: 59,172
Technical Sentiment Signal: Sell
Current Market Cap: 2.96B INR
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