Lloyds Banking Group, based in the UK, plans to invest in a new technology center in Hyderabad to boost its digital capabilities.
The organization aims to revamp its digital offerings and has allocated 3 billion pounds for this purpose over the next three years. Operating under the name ‘Lloyds Technology Centre’, the center is set to open later this year.
It will initially hire approximately 600 skilled specialists in technology, data, and cyber security roles. The primary objectives of the center are to enhance customer experience and reinforce the group’s internal technical capabilities.
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