IDBI launches disaster recovery site

IDBI Ltd, a Chennai-based bank, has officially opened a new disaster recovery site to ‘facilitate continuous business operations’. Mr Shri V P Shetty, chairman of the company and deputy chairman of the Indian Banks Association conducted the inauguration ceremony.

The tier III disaster recovery facility has state-of-the-art systems and solutions to provide very high uptimes (more than 99.95 per cent) with no single point of failure.

•Date: 23rd Feb 2006• Region: Asia • Type: Article •Topic: Financial sector
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