NE BUSINESS BUREAU
CHENNAI, FEB 10
The Tamil Nadu-headquartered 120-year old City Union Bank (CUB) on Saturday announced that it has swept all seven awards, including the Best Technology Bank Award, in the recently concluded ‘19th Banking Technology Conference, Expo & Citations 2023’ by Indian Banks Association (IBA) at Mumbai on Friday.
Despite being a smaller sized bank and having a concentrated presence in South India, CUB is one of the fastest growing small-sized banks in India with a rare status of being one of the most consistent in terms of growth and operating metrics. This 120-year-old bank is always ahead of others in technology adaptation to deliver the best services to its customers.
The awards aimed at recognising Best Technology Providers in the Banking Industry and instilled competition in the Banking Industry to demonstrate their state-of-the-art innovative products, sense of purpose and brings huge value addition in Best Practices for serving bank’s clientele.
- Deputy Governor of Reserve Bank of India T Rabi Sankar hands over the awards to Dr N Kamakodi, MD & CEO of City Union Bank in the presence of his technology team
- Dr N Kamakodi thanked the jury and IBA for recognising the bank in adoption of technology in pursuit of excellence in Customer Service
- This 120-year-old bank is always ahead of others in technology adaptation to deliver the best services to its customers
Deputy Governor of Reserve Bank of India (RBI) T Rabi Sankar handed over the awards to Dr N Kamakodi, MD & CEO of City Union Bank in the presence of his technology team.
Seven nominations were called for by IBA and CUB received awards in all the seven categories. Speaking on the occasion, Dr N Kamakodi thanked the jury and IBA for recognising the bank in adoption of technology in pursuit of excellence in Customer Service. The bank received awards in the following categories:
