The leading urban cooperative bank in the country Saraswat Bank has yet again bagged the IBA Technology Award 2020.
This is the fourth win for the numero uno of UCBs in a row.
A euphoric social media handler of the Saraswat Bank wrote “That’s 4th in a row! We have bagged the IBA Technology Award for “The Best Technology Bank of the year 2020” by Indian Banks’ Association.”
IBA Awards recognize and reward individuals, professionals and banks who identify themselves in the technology segment of banking by their innovative ideas, initiatives, risk leadership qualities and implementation of various initiatives.
Currently Saraswat Bank offers several digital products such as Digitalization and focuses on Mobility, Analytics, Cloud Computing, Artificial Intelligence, Robotic Process, etc.
The Bank has setup a Technology Council comprising of Business and IT executives to expedite the implementation of Digital Initiatives. Saraswat Bank has set a benchmark for its peers by integrating cutting-edge technologies on par with larger commercial banks in India, claimed one of its officials.