Karnataka Bank bags IDRBT Banking Technology Excellence Award 2016-17

Mangalore Today News Network

Mangaluru, Sep 3, 2017: Karnataka Bank has bagged ‘Best Bank Award among Small Banks for use of Technology for Financial Inclusion’ in the 13th IDRBT Banking Technology Excellence Awards 2016-17, at an event held at Hyderabad on Friday.

Mahabaleshwara M S, Managing Director, CEO of Karnataka Bank, received the award from Sudarshan Sen, Executive Director, Reserve Bank of India in Hyderabad in the presence of S Ganesh Kumar, Executive Director, Reserve Bank of India and others.

“It was a great honour receiving this award. The bank has been putting efforts towards promoting financial inclusion backed by technology driven products, which has been suitably recognized and rewarded in the form of this prestigious award. This recognition will further motivate us in implementing our IT strategies more effectively in promoting financial inclusion,” said Mahabaleshwara MS speaking on the award bagged by his bank.