Deal pipeline is decent, there is no cause for panic
It has been two quarters since you took over the BFSI vertical. How is the segment performing?
The segment continues to see challenges. Banks are challenged for growth and the insurance sector is also muted. Capital markets have also seen a major downturn in their business and trading volumes. If you ask me, frankly, there is no good news as far as growth rate is concerned. On top of it, some banks in Europe and US have been slapped with massive fines and new regulations are impacting them. While I do not want to sound all gloomy because the sector is going through many challenges, the good news as far as we are concerned is that we have seen some improvement in Q2 in terms of revenue growth. We have added 14 new clients in the BFSI sector in the quarter.
How is Infosys positioned as far as contract renewals are
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