Ujjivan Small Finance Bank has been recognized for its exceptional IT risk management by the Indian Banks’ Association (IBA) for the ninth consecutive year. This consistent recognition demonstrates the bank’s strong institutional framework, which aligns risk management, technology, and business operations to maintain high standards of security and reliability. The bank’s ability to achieve this feat year after year, despite the rapidly evolving digital landscape and increasing cyber threats, is a testament to its operational maturity and disciplined execution.
In addition to the IT Risk Management award, Ujjivan Small Finance Bank has also received recognition in the categories of Best Technology Bank and Best Tech Talent Bank. These awards highlight the bank’s focus on building a resilient digital infrastructure and developing technology leadership across the organization. The IT Risk Management recognition is particularly significant, as it acknowledges the bank’s preventive systems, controls, and governance mechanisms that safeguard banking operations and customer trust.
The achievement is the result of collaborative efforts across various teams, including technology, risk, information security, compliance, audit, operations, and business teams. The bank’s Board, leadership, regulators, auditors, and ecosystem partners have also provided guidance and support. Ujjivan Small Finance Bank’s commitment to responsible and secure digital banking has enabled it to strengthen its position as a forward-looking, technology-driven financial institution in India.
The bank’s recognition is a reflection of its dedication to maintaining the trust of its customers and stakeholders. By prioritizing IT risk management and investing in robust digital infrastructure, Ujjivan Small Finance Bank has set benchmarks for the industry and demonstrated its ability to adapt to the evolving digital landscape. As the bank continues to grow and expand its services, its focus on IT risk management and digital security will remain a key factor in its success. Overall, Ujjivan Small Finance Bank’s achievement is a testament to its commitment to excellence and its position as a leader in the Indian banking industry.