HomeNewsAwardsIBA’s 17th Annual Banking Technology Awards 2021

IBA’s 17th Annual Banking Technology Awards 2021

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

SegmentWinners
Large BanksBank of Baroda
Small BanksThe South Indian Bank
Foreign BanksCitibank N.A
Regional Rural BanksBaroda Rajasthan
Kshetriya Gramin
Co-operative BanksThe Saraswat Coop Bank

Best Use of AI/ ML T &Data

SegmentWinners
Large BanksICICI Bank Ltd
Small BanksThe South Indian Bank
Regional Rural BanksTelengana Grameena Bank

Best IT Risk & Cyber Security Initiatives

SegmentWinners
Large BanksUnion Bank of India
Medium BanksYes Bank
Small BanksThe South Indian Bank
Foreign BanksThe Hongkong & Shanghai Banking Corporation Ltd
Regional Rural BanksBaroda Rajasthan
Kshetriya Gramin
Co-operative BanksThe Saraswat Coop Bank
Small Finance/Payments BanksUjjivan Small Finance Bank

Best Digital Financial Inclusion Initiatives

SegmentWinners
Large BanksState Bank of India
Small BanksThe Jammu & Kashmir Bank
Regional Rural BanksBaroda Rajasthan
Kshetriya Gramin

Best Payments Initiatives

SegmentWinners
Public BanksState Bank of India
Private BanksICICI Bank

Cloud Adoption

SegmentWinners
Large BanksUnion Bank of India
Medium BanksYes Bank
Small BanksKarur Vysya Bank
Foreign BanksCitibank N.A
Regional Rural BanksBaroda 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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