Pros
1. Can be a good entry point in investment banking world. 2. Better pay than service based companies. 3. Flexibility of moving around projects after completion of 18 months. Though it depends on the Managers . If the manager does not want to leave you because your leaving would reduce his head count, then this point is invalid. And yes, this has happened. 4. Free Cabs 5. Good office in Magarpatta
Cons
The bank had hired a lot of dumb managers at high packages especially from other investment banks when it was setting up their in house centers in Pune. These guys enjoyed for almost two three years without any productivity and deliverables thereby eroding the technical skills of the people below them. A few of those have moved out or being removed , but the majority of them are still there at higher places. Technically the bank is not sound because of this in comparison to other banks and offers very less learning curve with lot of protocols and unnecessary processes. Also heard that they are also no longer good pay masters as they wasted a lot of the pay kitty on the higher ups. If the project is good then you can continue to stay else leave immediately as it will take long for things to change.