Karnataka Bank wins banking technology awards
Q. Which PSU bank has bagged two IBA Banking Technology awards?- Published on 27 Feb 17a. Karnataka Bank
b. Maharashtra Bank
c. Punjab Bank
d. None of the above
ANSWER: Karnataka Bank
Karnataka Bank has bagged two ‘IBA-Banking Technology’ awards.
The bank was the winner in ‘Best financial inclusion initiatives (small bank)’ category, and was runner-up in ‘Best use of digital and channels technology (small bank)’ category.
IBA-Banking Technology award recognises and rewards individuals, professionals and banks who have recorded noteworthy technology and business benefits in the previous year.
Karnataka Bank: Know More- Headquarters: Mangalore
- CEO: Polali Jayarama Bhat (since 14 Jul 2009)
- Founded: 1924
- Motto: Your family bank. Across India
- Number of employees: 7,669