23 September 2018

How IT deals are negotiated in India

Recently I read a book "Bandhan: The Making of a Bank" by Tamal Bandyopadhyay who is known for his works writings on the banking and finance sector in India.

In this book author writes about how Bandhan, now a universal bank become reality after becoming successful a Microfinance company. In the book, the author has written one whole chapter on how the bank negotiated with IT services company in building the IT backbone for the upcoming bank. The book as a whole was really an interesting read especially the chapter # 8, "Building the Backbone".

Author in the chapter has described in detail on how the bank came up with the bidding process, how many companies participated, how companies forged alliance while bidding to come up with competitive bidding and what went on selecting the vendor for the building the IT backbone for one of the latest universal banks in India.

Buy on a copy of "Bandhan: The Making of a Bank" from Amazon and give a read. I'm really sure you like the "chapter #8, Building The IT Backbone" as an IT Professional.

Book cover letter

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