New Delhi, Oct. 19 -- Tata Consultancy Services (TCS) on Monday announced that it will deploy its TCS BaNCS for Treasury platform at Indian Bank's Colombo branch in Sri Lanka, marking the platform's first entry into the Sri Lankan market.

The deployment will help Indian Bank modernise its overseas treasury operations, including foreign exchange transactions, investment management and money market activities.

According to the company's official release, the platform has already been deployed across Indian Bank's operations in India and at GIFT City in Gujarat. Its expansion to Colombo will help the bank standardise treasury operations across different locations.

The integrated platform will provide real-time visibility of financial posi...