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Tuesday, August 6, 2013

Karnataka Bank gets IDRBT awards

Karnataka Bank Ltd has won two ‘IDRBT Banking Technology Excellence’ awards.

A press release by the bank said here on Monday that the bank has won ‘Best bank award for managing IT risks’ and ‘Best bank award for use of IT for business innovation’ for 2012-13 among ‘small banks’ category.

D. Subba Rao, Governor of Reserve Bank of India, presented the awards to P. Jayarama Bhat, Managing Director and Chief Executive Officer of the bank, at the Institute for Development and Research in Banking Technology (IDRBT) in Hyderabad recently.

Quoting Bhat, the release said: “These awards demonstrate Karnataka Bank’s commitment to maintaining global standards of safety and security in the use of information technology and also making the best and innovative use of the same to enhance the levels of customer service and satisfaction.”

Source: Financial Express


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