Jamshedpur: Bank of Baroda has scripted a major milestone by winning five prestigious awards at the IBA Banking Technology Awards 2024–25, held in Mumbai. The recognition highlights the bank’s leadership in technology-driven innovation and digital transformation.
One of the country’s leading public sector banks, Bank of Baroda, secured a total of five awards in the large banks category, including four winner awards and one special recognition.
The bank emerged as the winner in key categories such as Best Use of Artificial Intelligence and Machine Learning, Best Adoption of Fintech and Digital Public Infrastructure (DPI), Best IT Risk Management, and Best Technology Talent.
In addition, it received a Special Mention in the ‘Best Technology Bank’ category, underlining its leadership in digital banking transformation.
Dr. Debadatta Chand, Managing Director and Chief Executive Officer of Bank of Baroda, said the recognition reflects the bank’s strong commitment to innovation, robust risk management and building a highly skilled technology team.
He added that the bank will continue to invest in advanced technologies to deliver secure, seamless and modern banking experiences to its customers.
This achievement further strengthens Bank of Baroda’s position as a technology-driven, customer-centric bank and reinforces its standing as a future-ready and progressive financial institution.
Top Awards Across Key Technology Categories
Bank of Baroda emerged as the winner in several critical areas, including:
- Best Use of Artificial Intelligence and Machine Learning
- Best Adoption of Fintech and Digital Public Infrastructure (DPI)
- Best IT Risk Management
- Best Technology Talent
