“I believe that our autonomous journey with Oracle will define the future of banking. While most banks are still exploring DevOps, we have already ventured into NoOps. I believe this will be key to scaling operations, especially in a country with 1.4 billion people and over 900 million mobile users. The government’s decision to do away with two-factor authentication for small ticket value transactions reduces the transaction time by almost 10-20%. This is going to be a major change and Oracle’s journey towards autonomous and cloud is going to help us in a big way in enhancing customer experience.”

“One of the biggest opportunities for us, with Oracle, in the near future, is to engage and ensure that our core banking software platform, FLEXCUBE, is taken to the next level– that is, scaling it from the monolith it is right now. I also envision technology to support and scale the investments we have made across software, hardware, or platforms so that we can operate in a very efficient manner”.

“I think the relationship between HDFC Bank and Oracle transcends beyond just technology. Oracle has supported us throughout our journey, and I can trust them going forward as well. There are many things that both Oracle and the Bank have co-created and the microservices architecture on the Oracle private cloud, that we enabled for OBP, was a particularly excellent joint effort.”

“HDFC Bank started off as a born-digital bank with the Oracle Microbanker as our core banking platform. In time, we have grown with the amalgamation of Times Bank and Centurion Bank. Here again, the Oracle team helped us attain the stability needed to seamlessly integrate and migrate from different systems and scale upwards. Powered by the current Oracle stack, we open about 20,000 accounts a day and process more than 1 crore UPI transactions. The continuous engagement between the Bank and Oracle for over 25 years has evolved this relationship from a vendor to a partner relationship. I would credit this to the constant support from all Oracle teams across the board.”

“We have had milestone achievements with Oracle as our technology partner. Among the notable ones is what we achieved in the security area– something very pertinent for our business. A lot of the landmark projects and milestones in HDFC Bank’s journey in core banking and innovation were achieved through our partnership with Oracle.”

“The volatile nature of today’s markets today places an unpredictable workload on our Oracle Banking Platform middleware. We needed to ensure that the platform can scale to provide the customer with uninterrupted services despite staggering volumes. Partnering with Oracle, we completely re-engineered the OBP as a containerized platform on the Oracle Cloud at Customer. This allowed us to achieve seamless scalability on demand. I am proud to say that, today, this allows us to support 40 million transactions on the platform successfully.”