IBA’s 17th Annual Banking Technology Awards 2021 – Indian Banks’ Association (IBA) has released a winner list of IBA’s 17th Annual Banking Technology Awards 2021 on February 14, 2022.
- Karnataka Bank received three awards at the 17th Annual Banking Technology Conference and Awards: 2020-21 Next-Gen Banking under Best Technology Bank of the Year; Best Fintech Adoption; and Best Use of AI/ML & Data Analytics — all runner-ups. categories
Winners of IBA’s 17th Annual Banking Technology Awards 2021:
Best Technology Bank of the Year
Segment | Winners |
Large Banks | Bank of Baroda |
Small Banks | The South Indian Bank |
Foreign Banks | Citibank N.A |
Regional Rural Banks | Baroda Rajasthan Kshetriya Gramin |
Co-operative Banks | The Saraswat Coop Bank |
Best Use of AI/ ML T &Data
Segment | Winners |
Large Banks | ICICI Bank Ltd |
Small Banks | The South Indian Bank |
Regional Rural Banks | Telengana Grameena Bank |
Best IT Risk & Cyber Security Initiatives
Segment | Winners |
Large Banks | Union Bank of India |
Medium Banks | Yes Bank |
Small Banks | The South Indian Bank |
Foreign Banks | The Hongkong & Shanghai Banking Corporation Ltd |
Regional Rural Banks | Baroda Rajasthan Kshetriya Gramin |
Co-operative Banks | The Saraswat Coop Bank |
Small Finance/Payments Banks | Ujjivan Small Finance Bank |
Best Digital Financial Inclusion Initiatives
Segment | Winners |
Large Banks | State Bank of India |
Small Banks | The Jammu & Kashmir Bank |
Regional Rural Banks | Baroda Rajasthan Kshetriya Gramin |
Best Payments Initiatives
Segment | Winners |
Public Banks | State Bank of India |
Private Banks | ICICI Bank |
Cloud Adoption
Segment | Winners |
Large Banks | Union Bank of India |
Medium Banks | Yes Bank |
Small Banks | Karur Vysya Bank |
Foreign Banks | Citibank N.A |
Regional Rural Banks | Baroda Rajasthan Kshetriya Gramin |
Co-operative Banks |
Best Fintech Adoption
- Large Banks- ICICI Bank
- Medium Banks- Federal Bank
- Small Banks- The South Indian Bank
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