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Mumbai, Oct 30 (PTI) Disaster forced stoppage of banking transactions could be a part of history for IDBI as its Rs 56 crore Business Continuity Project initiated with IBM nears completion.
(From Press Trust of India)
The project comprises of a Common Data Centre (CDC) at Belapur, Navi Mumbai and the Disaster Recovery Site (DRS) at Chennai. The project is scheduled to go live by November-end.
"The project was started in June this year to ensure that our banking transactions continued uninterrupted even during a disaster like an earthquake, or floods like on July 26, when the entire banking operations collapsed," IDBI Corporate Head - Technology, Sanjay Sharma told PTI here.
"In such emergencies we could transfer our entire operation system smoothly to an alternative destination till the normalcy was restored. While the customers …
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