Correct Answer : Option (D) - Suryoday Small Finance Bank
Suryoday Small Finance Bank has partnered with New York, US-based Kyndryl, an IT infrastructure services provider for a period of 5 years. The bank will partner with Kyndryl to drive its technology transformation program, improve operational efficiency, and increase digital banking adoption among its customers as part of a five-year transformation deal.
Under this partnership :
* Kyndryl will drive the bank’s Information technology (IT)/Digital transformation program, improve operational efficiency, and increase digital banking adoption among the bank’s customers.
* Overall, Kyndryl will modernize the bank’s technology and network connectivity. The bank will utilize Kyndryl’s advisory and implementation services to deploy and support a new core banking system.’
* Kyndryl will provide advisory and implementation services to the bank to deploy and support a new core banking system and integrate with digital channels to deliver an agile banking platform that accelerates retail business growth and enhances the bank’s customer experience.