Mumbai : Bank of Baroda (Bank), one of India’s leading public
sector banks, has been recognised for its leadership in technology and innovation
at the prestigious Indian Banks'
Association’s (IBA) 21st
Annual Banking Technology Awards 2024-25, winning honours across
five award categories among Large Banks, including four wins and one Special
Mention. Bank of Baroda was adjudged the Winner in four categories - Best AI & ML Adoption, Best Fintech
& DPI Adoption, Best IT Risk Management and Best Tech Talent. In addition, the Bank received a Special Mention in
the Best Technology Bank category.
Speaking on the achievement, Dr Debadatta Chand, Managing Director &
CEO, Bank of Baroda said, “Bank of
Baroda is honoured to receive these coveted awards from the IBA, which reflect
our continued focus on innovation, robust risk management, and building a
strong tech team. We will continue investing in advanced future-ready
capabilities to deliver a seamless and secure banking experience for our customers
and create lasting stakeholder value.”
These recognitions reinforce Bank of
Baroda’s focus on technology-led innovation and customer-centric banking.