Indian bank Punjab and Sind have announced they have signed a long-term contract with IT service vendor, Wipro to provide IT outsourcing services.

Under the deal, Indian firm Wipro will provide the bank with, system integration, provisioning and management of core banking solution and enterprise applications, including the banks entire underlying IT infrastructure.

Wipro also plans to undertake both the commissioning and management of the banks data and disaster recovery centre, enhancing service and support for the bank and according to Wipro, ‘enabling centralised banking operations across the country’.