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    Question

    Why was South Indian Bank honored with the Best

    Technology Bank of the Year Award?
    A Exceptional performance in sports Correct Answer Incorrect Answer
    B Outstanding contribution to environmental conservation Correct Answer Incorrect Answer
    C Technological advancements in banking services Correct Answer Incorrect Answer
    D Achievements in cultural and arts promotion Correct Answer Incorrect Answer
    E Leadership in gender equality initiatives Correct Answer Incorrect Answer

    Solution

    •     South Indian Bank has been honoured with the title of Best Technology Bank of the Year Award at the 19th IBA Annual Banking Technology Conference, Expo, & Citations. •     The bank’s outstanding performance was recognised with a total of six prestigious awards. •     South Indian Bank excelled across various categories, which include: winner in Best Technology Bank of the Year; winner in Best Tech Talent and Organisation; winner in Best IT Risk and Management; and so on. •     In three categories, the bank emerged as the winner, secured the runner-up position in one, and received special mentions in two others. •     The awards were presented to PR Seshadri, MD & CEO of South Indian Bank, by T Rabi Sankar, Deputy Governor of the Reserve Bank of India, in Mumbai. Learn Along: •     The IBA Annual Banking Technology Conference, Expo & Citations has been an annual event since its inception in 2005. •     Instituted by the Indian Banks’ Association (IBA), it recognises organisations that have brought in transformational changes in their businesses by adopting modern digital solutions. 

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