Tue Dec 02 15:56:14 UTC 2025: Okay, here’s a summary of the text and a news article based on it:

Summary:

Karnataka Bank Ltd. (KBL) has partnered with IBM and Fyrii to modernize its digital banking infrastructure using IBM Cloud Pak for Integration on Red Hat OpenShift. This upgrade allows KBL to scale operations across India, streamline system management, reduce costs, and improve customer experience. The new API infrastructure strengthens security, boosts scalability by 50%, and cuts operational costs by 30%.

News Article:

Karnataka Bank Modernizes Digital Banking with IBM Partnership

Bengaluru, India – December 2, 2025 – Karnataka Bank Ltd. (KBL), a leading commercial lender, has announced a major overhaul of its digital banking infrastructure in collaboration with IBM and its ecosystem partner, Fyrii. The modernization project utilizes IBM Cloud Pak for Integration on Red Hat OpenShift to create a secure, scalable, and agile Application Programming Interface (API) platform.

According to KBL officials, the upgrade will enable the bank to roll out services such as digital payments, loan processing, and third-party integrations more quickly while maintaining secure connections with internal and external systems.

“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,” said Venkat Krishnan, chief information officer, Karnataka Bank Ltd.

The upgraded infrastructure promises significant improvements in efficiency and security. KBL anticipates a 50% boost in scalability and a 30% reduction in operational costs as a result of the implementation. The move underscores Karnataka Bank’s commitment to leveraging technology to enhance its services and remain competitive in the rapidly evolving financial landscape.

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