BankAm in outsourcing plan

 It is expected that a few hundred jobs will be relocated to India but the exact number and location of the subsidiary are yet to be worked out.

 The exact profile of the job that will be relocated to India is also being considered and will be finalised in due course of time. The job outsourcing subsidiary is likely to be 100 per cent owned by the bank.

 This relocation and outsourcing exercise is part of the bank