Cloud computing is a big leveller: Munish Mittal, HDFC Bank [Internet]

For core banking, for core lending, for loan origination system, it's all Oracle. Any new small bank starting banking operations from October 1 this year can offer a credit card without investing millions of capex required in setting up a mainframe.

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Bibliographic Details
Published inThe Economic Times
Main Author Ajwani, Deepak
Format Newspaper Article
LanguageEnglish
Published New Delhi Bennett, Coleman & Company Limited 18.11.2016
Subjects
Acquisitions & mergers
Banking industry
Banks
Customer services
Data warehouses
Innovations
India
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Summary:For core banking, for core lending, for loan origination system, it's all Oracle. Any new small bank starting banking operations from October 1 this year can offer a credit card without investing millions of capex required in setting up a mainframe.
ISSN:0971-8680