MoneyWorks4Me

HDFC Bank collaborates with Microsoft

04 Jan 2023 Evaluate

HDFC Bank is partnering with Microsoft in the next phase of its digital transformation. The private sector lender is developing in-house IPs as well as partnering with several companies, including FinTechs, to co-create technology IPs.

HDFC Bank will leverage Microsoft Azure to consolidate and modernise its enterprise data landscape through a Federated Data Lake to scale its information management capabilities across enterprise reporting and advanced analytics, using artificial intelligence.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 712.50
ICICI Bank 1313.30
Axis Bank 1228.20
Kotak Mahindra Bank 417.75
Indusind Bank 891.65
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