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Canara Bank partners with Kyndryl to boost digital banking

EditorNatashya Angelica
Published 18/01/2024, 09:44
Updated 18/01/2024, 09:44
© Reuters.

BANGALORE - Canara Bank, a leading financial institution in India, has announced a strategic partnership with Kyndryl, the IT infrastructure services provider, to enhance its banking operations and customer service experience through advanced technology. This collaboration aims to elevate Canara Bank's core banking functions by introducing a range of technological improvements.

As part of the initiative, Canara Bank will implement a unified digital dashboard designed to provide better access to performance metrics, facilitating more informed decision-making. The bank is also set to employ cutting-edge tools for predictive maintenance, which are expected to minimize system downtime and boost overall system availability.

Both K Satyanarayana Raju of Canara Bank and Lingraju Sawkar of Kyndryl India have emphasized the importance of this partnership in achieving operational excellence and ensuring uninterrupted business operations. By leveraging Kyndryl's expertise, Canara Bank aims to strengthen its digital infrastructure, thereby providing high-quality service to its customers.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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