- Karnataka Bank partnered with IBM to modernise digital banking using IBM Cloud Pak on Red Hat OpenShift
- The new API platform improves service rollout speed, security, and connects internal and external systems
- API infrastructure upgrade boosts scalability by 50% and cuts operational costs by 30%
Karnataka Bank has announced that it has collaborated with IBM to modernise its digital banking infrastructure using IBM Cloud Pak for integration on Red Hat OpenShift.
According to the bank, the transformation has enabled the lender to establish a secure, scalable, and agile Application Programming Interface (API) platform while reducing total cost of ownership and reinforcing its digital foundation.
-
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI -
"I Am A Material Man In A Material World': Quantum Advisors' Ajit Dayal On NDTV Profit Ignite
The API platform enables quicker rollout of services such as digital payments, loan processing, and third-party integrations, while maintaining secure connections with multiple systems both internally and externally.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
“This marks a major milestone in our digital journey,” said Venkat Krishnan, chief information officer, Karnataka Bank. “With IBM Cloud Pak for Integration on Red Hat OpenShift, we now have an agile and secure platform that allows us to scale operations across India, simplify system management, and reduce costs—all while improving the overall customer experience,” he added.
The upgraded API infrastructure strengthens security while boosting scalability by 50% and cutting operational costs by 30%. These gains come from migrating to an optimised container‑based platform purpose‑built for efficient microservices.
The framework enables the bank to implement digital gateways to manage all API traffic. It also allows external partners to access the bank's AI foundation models as APIs via AI Gateway. This facilitates seamless communication between internal, external and cloud systems while ensuring smooth integration with UIDAI, CERSAI, GST, Reg-Tech and CBDT services. The streamlined implementation process supports rapid adaptation to evolving market conditions and regulatory requirements.
"Today's banking sector is more complex than ever, comprising many systems and data sources in constant use. To stay ahead, banks require intelligent automation that not only streamlines operations but also anticipates issues before they arise.
"Karnataka Bank's modernisation showcases how intelligent automation and integrated systems can reduce complexity, boost efficiency and accelerate the delivery of secure, reliable digital services at scale,” said Viswanath Ramaswamy, vice president, technology, IBM India & South Asia.
The implementation was led by Fyrii, with IBM's Expert Labs supporting the critical phases of the rollout. The project is a key pillar of Karnataka Bank's broader digital transformation strategy, Startup@100, which emphasises agility and innovation as the bank celebrates 100 years of service.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
