$196k average at Capital One? Even with HCOL, that's a very good salary. I feel like they could certainly find competent citizens willing to work for that wage...
Or, Capital One could hire the exact same people they’re paying $196k to for a quarter of the cost once they’ve been sent back to their own countries.
There are huge advantages to co-location within the same time zone (plus or minus 2 hours). India is practically half a day away from the US, meaning you only get overlap for an hour or two at the end of their working day.