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Development · 26 Aug 2026

Revenue from managing IT needs of financial institutions grew at a CAGR of 9-23% for four mid-cap firms (LTM, Coforge, Mphasis and Persistent Systems) from FY20 to FY26, while for the top five large cap companies, BFSI revenue grew at a CAGR of 5-8% over the same period.

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The record

Revenue from managing IT needs of financial institutions grew at a CAGR of 9-23% for four mid-cap firms (LTM, Coforge, Mphasis and Persistent Systems) from FY20 to FY26, while for the top five large cap companies, BFSI revenue grew at a CAGR of 5-8% over the same period.

livemint.com26 Aug 2026

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