StockWatch
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Computers - Software & Consulting
Business Update1 Aug 2026, 06:50 pm

3i Infotech Renews Bank Contract Worth ₹13.11 Cr

AI Summary

3i Infotech Ltd has announced the renewal of a significant contract with a leading private sector bank in India. The renewed agreement, effective from April 1, 2026, to March 31, 2027, covers application support, maintenance, enhancements, and implementation services. The total value of the two purchase orders received is ₹13.11 crore, excluding applicable taxes. This renewal underscores the ongoing business relationship and the company's continued service provision to a major financial institution.

Key Highlights

  • Contract renewal secured with a leading Indian private sector bank.
  • Agreement valued at ₹13.11 crore, exclusive of taxes.
  • Services include application support, maintenance, and enhancements.
  • Renewal period is for one year, from April 2026 to March 2027.