KOCHI: South Indian Bank (SIB), well known for its novel contributions in banking technology, was recognised at the 20th edition of the Annual Banking Technology Awards 2024. The awards reflect SIB’s commitment to delivering innovative and customer-centric digital solutions.
The Annual Banking Technology Awards 2024, were part of the Annual Banking Technology Conference, Expo & Citations, organised by the Indian Banks’ Association (IBA). The awards recognise organisations that have brought in transformational changes in their businesses by adopting modern digital solutions. At a glittering ceremony on January 24 in Mumbai, SIB was declared the winner in the category of ‘Best Tech Talent & Organization’. Additionally, SIB received a special mention in the categories of ‘Best Digital Sales, Payments & Engagement’, ‘Best IT Risk Management’ and ‘Best Fintech, & DPI Adoption’. Moreover, the Bank was adjudged runners-up in the ‘Best Financial Inclusion’ category.
Mr. P R Seshadri, MD & CEO, South Indian Bank, expressed joy at the achievement, “We are honoured to receive these prestigious recognitions from the IBA yet again. These awards underscore our commitment to leveraging technology to enhance customer experience, drive financial inclusion, and ensure secure digital transactions. The awards acknowledge our efforts toward nurturing talent and building a strong tech team. It encourages us to continue our drive of continuous innovation, uncovering novel banking solutions for all our stakeholders, while also affirming our position as a forward-thinking financial institution.”
