RBS is still unclear about the outsourcing deals ABN Amro Bank had signed with Indian vendors TCS, Infosys and Patni Computer in Aril 2005. These companies are now are left wondering about the fate of the $400-500 million deals signed with the bank.

In 2005, the erstwhile Dutch Bank ABN Amro had announced several contracts worth nearly $2.5 billion, due to be renewed in 2010. And with RBS taking over ABN, it is yet to take a call on whether it wants to integrate its technology and business systems with ABN Amro. However, there is a definite move to shrink the Dutch bank’s operations through a sale, which will bring down the outsourcing revenues for these vendors says a report in the Economic Times.

“It’s not business as usual. We are told it could take another few months before any clarity emerges. The 2010 renewal is not the only issue. The business seems to be getting smaller,” the paper quoted a senior executive at one of the top tech firms serving ABN Amro.

RBS, which is now a nationalised bank in the UK, is under pressure to sell assets outside of UK. IT integration (with ABN Amro) has effectively ceased. RBS certainly will not be planning IT integration initiatives that will make a sale or disposal of the ABN Amro businesses more difficult say industry experts.

An RBS spokeswoman confirmed that her bank continues to look at outsourcing to India. “India is already a major centre for the group and is our third-largest employment centre. As a result of our acquisition of ABN Amro, we now employ 8,000 people in India serving our operations globally. Last year we have been progressing with work to integrate the two businesses and develop all our centres in the UK, India and across the globe,” she told ET.