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Muted revenue growth prompts large US banks to slow down IT spending

Technology spending in the banking, financial services and insurance sector is expected to bounce back as monetary policy begins to loosen globally, but unless client budgets increase significantly, the risk of revenue-growth disappointments remains.

India , Infosys-ltd , Tata-consultancy-services-ltd , Consultancy-services-ltd , Institutional-securities , It-companies , It-services-companies , Large-us-banks , Bfsi-sector , Bfsi-vertical , Tcs