HDFC Bank to invest big on tech infra revamp after spate of outages

Lender is bringing new talent, getting into cloud-native stacks, shifting from traditional monolithic IT systems, and working with strategic partners for better products and services

After facing multiple outages that irked the regulator, the country’s largest private sector lender, HDFC Bank, is revamping its technology infrastructure by making large scale investments, wherein it is bringing new talent, getting into cloud-native stacks, a shift from the traditional monolithic IT infrastructures, and working with strategic partners for better products and services.

The bank management is clear that it will do whatever it takes in line with its growth path to ramp up its technology infrastructure. The benchmarks are constantly shifting on IT spends and the bank is aware that some of its benchmarks will become global.

“We