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

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Bankers’ Books Evidence Act 2026 Comes into Force from October 1: Key Changes

Bankers’ Books Evidence Act, 2026 shall come into force from October 1, 2026, superseding the…

37 minutes ago

Asian Games 2026: Manu Francis and Prince Noble Win Sailing Silver

India added another Silver medal at the Asian Games 2026 when Manu Francis and Prince…

1 hour ago

ASEAN-India Maritime Exercise AIME-2026 Begins in Philippines

The second edition of ASEAN-India Maritime Exercise (AIME-2026) has been inaugurated at Subic Bay, Philippines…

2 hours ago

Intelligent Traffic Management System (ITMS) for Delhi: ₹1,789.52 Crore Project Approved

The Cabinet Committee on Economic Affairs has cleared the Intelligent Traffic Management System (ITMS) Project…

2 hours ago

List of Double Centuries in ODI Cricket: Players Who Scored 200 Runs in ODI Match

On September 30, 2026, Shubman Gill made another landmark in the game of One Day…

3 hours ago

Green Energy Corridor Phase-III Approved: ₹1.86 Lakh Crore Plan to Evacuate 135 GW Renewable Energy

The Union Cabinet has sanctioned the Green Energy Corridor Phase-III (GEC-III) project for improving India's…

3 hours ago