Karnataka Bank recently won six awards at the “20th Annual Banking Technology Conference, Expo & Citations, 2024” organized by the Indian Banks’ Association. The bank was recognized in the following categories:
* Best Tech Talent and Organization (runner-up)
* Best IT Risk Management (runner-up)
* Best Technology Bank (runner-up)
* Best Fintech and DPI Adoption (runner-up)
* Best Digital Sales, Payments, and Engagement (special mention)
* Best AI and ML Adoption (special mention)
Karnataka Bank’s Managing Director and CEO, Srikrishnan H, expressed pride in the recognition, attributing it to the combined capabilities of the bank’s technology center, Digital Centre of Excellence (DCoE), and Analytical Centre of Excellence (ACoE) in Bengaluru.
Executive Director Sekhar Rao emphasized the bank’s focus on technology and digital transformation, stating that Karnataka Bank is poised to achieve significant milestones in its growth journey, particularly in its second century of existence. Rao credited the bank’s IT, digital, and analytics team for their dedication and enthusiasm in fully adopting IT across branches and different verticals.
Overall, these awards reflect Karnataka Bank’s commitment to innovation and technology, setting it apart from other financial institutions. The recognition is a testament to the bank’s ability to adapt and transform in an ever-changing banking landscape.