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News Banking and Insurance

  • Jun 09, 2026
  • Central Bank of India partners Dynacons for Rs 125.88 cr cloud contract; Order spans 5 years

    IT service firm, Dynacons Systems and Solutions has secured an order of over Rs 125 crore from the Central Bank of India for a project aimed at the expansion of private cloud. The order will also focus on building advanced AI infrastructure.

    Dynacons Systems and Solutions: Order key details
    The project which is domestic in nature aims at building larger and more advanced cloud and AI. It also includes the establishment of a containerization platform and servers based on the NVIDIA H200 Blackwells GPU.

    The total order value exclusive of GST stands at Rs 125.88 crore, and will be executed within a period of five years. The company in its exchange filing clarified that there are no related-party transactions involved in the project.