Wednesday, February 12, 2025

IBA honours Karnataka Bank with six awards for banking technology excellence

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Karnataka Bank won awards in six categories at the ‘20th Annual Banking Technology Conference, Expo & Citations, 2024’, instituted by Indian Banks’ Association, recently. The awards were: ‘Best Tech Talent and Organization’, ‘Best IT Risk Management’, ‘Best Technology Bank’, and ‘Best Fintech and DPI Adoption’ (all runner-ups); and ‘Best Digital Sales, Payments and Engagement’ and ‘Best AI and ML Adoption’ (special mention).

Quoting Srikrishnan H, Managing Director and Chief Executive Officer of the bank, a media statement said: “It is yet another moment of pride for the bank as we consistently find ourselves in the league of leading financial institutions pioneering new-age banking technology. This recognition is a testimony to the combined in-house capabilities of the bank’s technology centre, Digital Centre of Excellence (DCoE) and Analytical Centre of Excellence (ACoE) in Bengaluru.”

Sekhar Rao, Executive Director of the bank, said: “With focus on technology and digital transformation, Karnataka Bank is poised to create many more milestones in the growth journey of its second century of its purposeful existence. Credit goes to the dedicated team driving the IT, digital and analytics initiatives and staff members across the bank for their zeal and enthusiasm in full adoption of IT across branches and different verticals of the bank.”







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