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US credit card defaults good for India

August 15th, 2008 at 12:26 am » Comments (0)

Declining fortunes of the US and the UK consumer are proving to be a boon for India’s outsourcing industry. Companies in India are increasing the size of debt collection and recovery units to handle the increased demand.
Firstsource, an Indian business process outsourcing company that handles credit recovery for most of the top five US banks [...]



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