Moneycontrol PRO
HomeNewsBusinessLloyds Banking Group opens technology centre in Hyderabad, to recruit 600 techies

Lloyds Banking Group opens technology centre in Hyderabad, to recruit 600 techies

Lloyds Technology Centre forms part of the Group’s £3 billion strategic investment over the next three years to transform its digital offering, the company said in a statement.

November 01, 2023 / 14:17 IST
Lloyds Technology Centre will not provide any banking services but will focus on using technology, digital, data and analytics capabilities to drive innovation and end-to-end product delivery, the statement added.

Lloyds Technology Centre will not provide any banking services but will focus on using technology, digital, data and analytics capabilities to drive innovation and end-to-end product delivery, the statement added.

Lloyds Banking Group today unveiled its new Lloyds Technology Centre (LTC) in Knowledge City, Hyderabad and announced its plan to recruit 600 people for specialist roles including Full Stack, Java Back-End, REACT, Cloud Engineers and Quality Engineers.

Lloyds Technology Centre forms part of the Group’s £3 billion strategic investment over the next three years to transform its digital offering, the company said in a statement. The centre will play a key role in delivering AI, Cloud and Blockchain programmes across the organization with the first teams located in the office focusing on using data, machine learning and Cloud to support the Group’s customers in the UK.

ALSO READ | Employees in FMCG, manufacturing may get higher Diwali bonus this year

Lloyds Technology Centre will not provide any banking services but will focus on using technology, digital, data and analytics capabilities to drive innovation and end-to-end product delivery, the statement added.

"Hyderabad's wealth of tech talent and its diversity makes it a global epicentre for innovation. With Lloyds Technology Centre, we're proud to be part of this thriving ecosystem. We believe that the fusion of India's leading tech capabilities and diverse talent will be instrumental in our ability to provide fantastic services to the Group’s customers,” said Sirisha Voruganti, CEO and Managing Director, Lloyds Technology Centre.

ALSO READ | HR heads doubt effectiveness of Murthy's ‘70-hour week’ work suggestion

Moneycontrol News
first published: Nov 1, 2023 02:17 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347