The cooperative banking and credit sector made a strong impression at the prestigious Infosys Finacle Innovation Awards 2026, with several leading cooperative institutions earning recognition for innovative initiatives focused on customer engagement, operational excellence, and digital transformation.
Among the winners, Cosmos Co-Operative Bank Ltd. was honoured in the Channel Innovation category for its Pigmy Deposit Collection via Mobile App initiative, showcasing how technology can enhance doorstep banking services and improve customer convenience.
The Kalupur Commercial Co-op Bank Ltd. secured recognition in the Process Innovation category for its Smart Disaster Recovery Automation initiative, reflecting its commitment to strengthening business continuity and risk management systems.
Bharat Co-operative Bank was also recognized in the Process Innovation category for its Custom Menu in Core – CROLE initiative, which has helped streamline internal processes and improve operational efficiency.
In the credit cooperative segment, Sahayog Multi State Credit Society Limited received honours in the Maximizing Customer Engagement category, underlining its efforts to enhance member interaction and service delivery through innovative practices.
The recognition of these institutions at a national-level technology awards platform highlights the increasing adoption of digital solutions across the cooperative sector.
