Axis Bank chooses AWS to hasten digital transformation
The Hindu
Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation.“Cloud is transforming the financial industry and we are delighted to help Axis Bank build and grow a suite of
Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation. “Cloud is transforming the financial industry and we are delighted to help Axis Bank build and grow a suite of digital banking services that evolve with technology changes, introduce new payment modes, and support evolving consumer and business needs in India,” said Puneet Chandok, president, commercial business, AWS India and South Asia, AISPL. The bank has over 800 people for digital projects and also an engineering and design team of 130 people.
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Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.