Microsoft and HDFC Bank collaborating on digital transformation

On Tuesday, HDFC Bank announced that Microsoft will be a partner in the following stage of its digital transformation.

To modernise and simplify its enterprise data landscape, HDFC Bank will use Microsoft’s Azure platform. This will enable it to grow its information management capabilities across enterprise reporting and advanced analytics powered by artificial intelligence.

The private sector lender stated in a statement that it is working with a number of businesses, including FinTechs, to co-create technology IPs in addition to building its own internal intellectual property.

This news is written by Ms. Pujari Dharani, Research Assistant, All India Legal Forum.

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