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The country’s largest private-sector lender, HDFC Bank
, is considering setting up another technology centre. “It is not yet final, but we do have plans to open another tech centre in Karnataka,” a source close to the management said. If approved, it would be the bank’s sixth tech centre in India.
The fifth one, in Amravati (Andhra Pradesh), is set to be inaugurated and is expected to initially employ 50 people before scaling up, according to the sources. The company employs another 1,500 across four other centres in Bengaluru, Gurugram, Mumbai, and Guwahati.
"The one in Gurugram is specifically working on technology related to artificial intelligence (AI),” the source added.
The bank is investing more in its IT infrastructure to improve efficiency. The bank is expected to deploy more AI in its backend operations, such as data management and analysis, according to sources.
In recent years, the bank has stepped up its tech spend, particularly after the Reserve Bank of India ordered a temporary halt to its digital business and to the onboarding of new credit card customers.
Since then, the bank has increased its tech infrastructure spending to 11%-12% of operating expenses. In FY26, the bank spent nearly ₹8,000 crore (about $1 billion at the time) on technology.
The fifth one, in Amravati (Andhra Pradesh), is set to be inaugurated and is expected to initially employ 50 people before scaling up, according to the sources. The company employs another 1,500 across four other centres in Bengaluru, Gurugram, Mumbai, and Guwahati.
"The one in Gurugram is specifically working on technology related to artificial intelligence (AI),” the source added.
The bank is investing more in its IT infrastructure to improve efficiency. The bank is expected to deploy more AI in its backend operations, such as data management and analysis, according to sources.
In recent years, the bank has stepped up its tech spend, particularly after the Reserve Bank of India ordered a temporary halt to its digital business and to the onboarding of new credit card customers.
Since then, the bank has increased its tech infrastructure spending to 11%-12% of operating expenses. In FY26, the bank spent nearly ₹8,000 crore (about $1 billion at the time) on technology.
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