The Shawshank Offshoring

Offshoring of bank work took a ridiculous new turn this week when it was revealed that bank processing work for the Royal Bank of Scotland and Goldman Sachs will undertaken by inmates at Charalapally Central Jail, imprisoned for crimes ranging from petty theft to rape. The move is raising major questions about security.
The prisoners will earn 5000 rupees or around $120 per month, about a third of starting salaries at other data centres in the Hyderabad region. Radiant Info Systems spokesperson CN Gopinath Reddy said once they become experienced in the work, prisoners will have a whole new world of opportunity waiting for them after their release.

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