IBA 17th Annual Banking Technology Award 2021
Tags: Awards
Indian Bank Association (IBA) has announced its banking technology award for 2021 on 14 February 2022 .
Winner Banks lists :
| Serial No | Category | Segment | Winner |
| 1 | Best Technology Bank of the Year | Large banks Medium Banks Small Bank Foreign Bank RRB Co-operative Bank | Bank of Baroda |
| 2 | Best Use of AI/ ML T & Data | Large banks Small Banks Regional Rural Banks | ICICI Bank Ltd |
| 3 | Best IT Risk & Cyber Security Initiatives | Large bank Medium bank Small Bank Foreign Bank Regional Rural Banks Co-operative Banks Small Finance/Payments Bank | Union Bank of India |
| 4 | Best Digital Financial Inclusion Initiatives | Large Banks Small Banks Regional Rural Banks | State Bank of India |
| 5 | Best Payments Initiatives | Public Banks Private Banks | State Bank of India |
| 6 | Cloud Adoption | Large Banks Medium Banks Small Banks Foreign Bank Regional Rural Bank | Union Bank of India |
| 7 | Best Fintech Adoption | Large Banks Medium Banks Small Banks Regional Rural Bank | ICICI Bank |
Source IBA
Indian Bank Association
The Indian Banks' Association (IBA) was formed on September 26, 1946 with 22 members. As of April ,2018 the total Membership of the Association is 239.
It includes Public sector Bank., Private Sector Banks , Foreign Banks , Co-operatives ,Regional Rural Bank,and All India Financial Institutions .
It is a representative body of banks in India to promote and develop in India sound and progressive banking principles, practises and conventions and to contribute to the developments of creative banking.
It helps the government in formulating Human Resources policy for the banking sector .
Current Chairman : UCO Bank CEO Atul Kumar Goel is the chairman of the Indian Banks' Association (IBA) for 2021-22
Headquarters of IBA : Mumbai
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