This will only be a consulting assignment,��� he added. In some of these engagements, where Intelenet is also involved in the execution, it would need IT capability as well and Mr Agarwal said the firm had identified some partners for this. For instance, Intelenet recently won a contract from the State Bank of India to do back office processing for all its overseas branches. These branches are running on the Finacle core banking application by Infosys, and Intelenet will work with an IT firm to to build a software that interfaces with the application. Intelenet,which employs over 25,000 people, ranks among the large third party BPOs. However, repeated changes in its ownership has seen the firm grow at a slower pace than some of its peers. According to estimates, the firm���s revenues were around $220 million last fiscal and the target is to nearly double it in the current fiscal.