NATIONAL Australia Bank will send maintenance and support for some core banking applications to India in a move that is likely to cost a number of bank employees their jobs. On Wednesday, the bank finished evaluating four requests for proposals to offshore some of its technology operations, and it selected Indian outsourcing giants Infosys and Satyam. NAB spokeswoman Megan Lane said the bank would not be disclosing the price of the contract. The Indian...
photo: WN/Patricia
