Karnataka Bank has bagged two ‘IBA-Banking Technology’ awards.
A press release said here that 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.
It said that IBA-Banking Technology award recognises and rewards individuals, professionals and banks who have recorded noteworthy technology and business benefits in the previous year.
Mahabaleshwara MS, Chief General Manager of the bank, and Raghavendra Bhat M, General Manager of the bank, received the awards from Viral V Acharya, Deputy Governor of Reserve Bank of India, and Raghunath Mashelkar, Jury Chairman for the awards, respectively, in Mumbai on Tuesday, the release said.