HDFC Bank records impressive stats with BCP

MUMBAI, INDIA: HDFC Bank, one of India’s largest private banks has embarked on a Business Continuity program (BCP) for its critical IT applications.

In partnership with Sanovi, the bank has achieved 50 percent reduction in recovery time of core application, 50 percent reduction in drill window, 80 percent reduction in service-level agreement (SLA) (RPO) tracking time, and also 65-70 percent business loss avoidance due to production emergency.

It must be noted that the bank has been maintaining the BCM Certificate of BS25999 for the past three years and was awarded the ISO 22301:2012 certificate in March 2014.

“Business Continuity and IT Recovery are a strategic investment at HDFC. These technologies enable us to deliver continuous, uninterrupted services, and are an integral part of our journey to meet our regulatory and business needs, said Munish Mittal, Deputy CIO, HDFC Bank.

“HDFC Bank is at the forefront of technology and process maturity, we are extremely pleased to partner with the bank and be a key enabler to the bank’s IT recovery capabilities,” said Chandra Sekhar Pulamarasetti, Co-founder and CEO, Sanovi Technologies.