SBI's systems unaffected by global Microsoft outage, Khara says "all fine"

State Bank of India's (SBI) systems remained unaffected by the recent global outage of Microsoft services, according to SBI Chairman Dinesh Kumar Khara. He confirmed that all systems were functioning normally and that the bank had not experienced any disruptions. The global outage had impacted multiple companies relying on Microsoft services, causing significant operational issues. However, SBI's robust IT infrastructure and contingency planning ensured seamless operations without any adverse effects. Khara emphasized the importance of maintaining resilient systems to avoid service interruptions. This incident underscores the critical need for robust IT frameworks in the banking sector to manage and mitigate risks associated with technology outages.