New Delhi, Sept. 16 -- Truist Financial Corp., one of the US's largest banks, is looking to open a tech centre in Hyderabad, according to two people with knowledge of the matter. This will mark the entry of yet another large financial institution in the country's global capability centre (GCC) landscape.

Mint learns that the North Carolina-based bank has floated a tender to invite companies, including information technology (IT) outsourcers, to set up its tech centre in the country. Bengaluru-based Infosys Ltd, an existing IT vendor for Truist, is likely to be one of the contenders for this contract, Mint learns.

Infosys, India's second largest IT services company, is looking to seek upwards of $250 million to manage the centre for thre...