THE HYBRID CLOUD COMPUTING: ENDORSING IT AS A RADICAL APPROACH FOR THE AMELIORATION IN THE BANKING SECTOR.

In order to meet their requirements, several banks are increasingly implementing cloud computing technology. Cloud computing enables banks to adopt a digital approach that lowers costs while meeting customer expectations, introducing new channels, shortening time-to- market for new products and services, and complying with regulations. The value propositions of solutions that use the cloud is higher than that of IT services and products in the ever- changing technical paradigm. Now, from cloud computing here comes hybrid cloud computing which is Combining multiple apps running simultaneously in different environments is known as a hybrid cloud. This cloud computing strategy allows companies to deploy tasks to either public or private clouds and then switch them in and out based on their demands and financial constraints. Hybrid cloud computing has become increasingly popular in banking and is being used in many different processes. In this paper, we explore the importance of hybrid cloud for the banking and financial industries and talk about how stakeholders might use and adapt it. Keywords: Hybrid cloud computing, Banking Sector, Digital approach, Stakeholders.