Wednesday, September 18, 2013

Mahila Bank to have pay-per-use IT infra model


  • Hosting model: Mahila Bank to be the first Indian bank to go for this model for tech infra
  • Costs: Besides managing IT operations, tech partner to bear the costs for hardware and software
  • Payment: Tech partner to be paid on a per-branch-per-month basis
  • Asset transfer: After end of the contract tenure, all the assets would be transferred to the bank at a pre-determined price
  • Benefits: The model would help the bank avoid making upfront investment in technology; would also hasten the expansion process

Read | Business Standard

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