Categories: Banking

HDFC Bank collaborates with Microsoft as part of its digital transformation

HDFC Bank, India’s largest private sector bank, is partnering with Microsoft in the next phase of its digital transformation journey and unlocking business value by transforming the application portfolio, modernizing the data landscape and securing the enterprise with Microsoft Cloud. HDFC Bank as a part of its Future Ready strategy is developing in house IPs as well as partnering with several companies including FinTechs’ to co -create technology IPs. HDFC Bank as a part of its Future Ready strategy is developing in house IPs as well as partnering with several companies including FinTechs’ to co -create technology IPs.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The bank will leverage Microsoft Azure to consolidate and modernize its enterprise data landscape through a Federated Data Lake to scale its information management capabilities across enterprise reporting, and advanced analytics using artificial intelligence. Built on Microsoft Azure stack, the solution will enable the bank to democratize and monetize its data landscape catering to several business units, spanning multiple systems, reports and processes. The solution powered by its unified architecture, collaborative engineering environment, industry-leading security and ecosystem of AI/ML based deep learning capabilities.

Important takeaways for all competitive exams: 

  • HDFC Bank CEO:Sashidhar Jagdishan;
  • HDFC Bank Founded: August 1994, Mumbai;
  • HDFC Bank Headquarters: Mumbai.

Find More News Related to Banking

 

 

Sumit Arora

Recent Posts

How many Cricket Players are retained in IPL 2025?

The excitement for IPL 2025 is building as the 10 franchises reveal their player retentions…

14 hours ago

States and Capitals of India, List of 28 States and 8 UT’s 2024

India is a vast country in South Asia, the 7th largest by land area. It…

14 hours ago

Which States Launched Double-Decker Electric Buses?

As cities work to reduce pollution and ease traffic, using electric vehicles like buses is…

14 hours ago

Russia’s Pantsir System A Strategic Addition to India’s Defence Arsenal

India and Russia have reached a significant agreement to jointly manufacture the Pantsir air defence…

15 hours ago

IIT Madras, ISRO Collaborate on Spacecraft Thermal Research Centre

The Indian Institute of Technology Madras (IIT Madras) is teaming up with the Indian Space…

16 hours ago

Supreme Court Overturns 1967 Ruling on AMU’s Minority Status

In a historic 4-3 decision on November 8, 2024, the Supreme Court overturned its 1967…

16 hours ago