New Delhi: Bank of India (BoI), one of the country’s leading public sector banks, has won four prestigious awards in the Digital and Technology domain at the 21st Annual Banking Technology Conference, Expo & Citations, 2024–25, organised by the Indian Banks Association (IBA). The awards were presented under the Public & Private Banks – Large Bank category.
The honours were conferred by Mr. T. Rabi Shankar, Deputy Governor of the Reserve Bank of India (RBI), recognising the Bank’s achievements in leveraging technology to enhance operational efficiency and customer experience.
Recognition for Digital Excellence
At the event, Bank of India secured the Runner-up Award for Fintech Collaboration, highlighting its successful partnerships with fintech companies to drive innovation and digital adoption.
In addition, the Bank received Special Mentions in three key categories:
- Best AI/ML Implementation
- Best Tech Talent
- Best Digital Sales
These recognitions underscore the Bank’s focused efforts in adopting emerging technologies such as artificial intelligence and machine learning, strengthening its technology workforce, and expanding digital sales channels.
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Awards Received by Senior Leadership
The awards were received by Bank of India’s top leadership, including Managing Director & CEO Mr. Rajnish Karnatak, Executive Director Mr. Rajeev Mishra, and Chief General Manager & Chief Technology Officer Mr. Satyendra Singh, along with members of the Bank’s IT team.
Their presence reflected the Bank’s leadership-driven approach to digital transformation and innovation.
Strengthening Customer and FinTech Connect
According to Bank officials, the awards reaffirm the success of the Bank’s ongoing digital transformation initiatives and its strong engagement with customers and fintech partners. The recognitions also highlight BoI’s ability to attract and nurture technology talent while building secure, scalable, and customer-centric digital banking platforms.
About Bank of India
Founded in 1906, Bank of India is a major public sector bank with a wide domestic and international presence. The Bank offers a comprehensive range of banking and financial services and continues to focus on digital innovation, financial inclusion, and customer-centric growth.
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