Federal Bank bags Banking Technology Excellence Awards

Thursday, Oct 16, 2014,20:24 IST By metrovaartha A A A

Federal Bank, a leading private sector bank in the state, had won the prestigious IDRBT Banking Technology Excellence Awards for 2013-14 in four out of a total of five categories in mid sized banks segment.
The Bank won in the categories of Best Bank for Use of Technology for Financial Inclusion, Best Bank for Social Media and Mobile Banking, Best Bank for Business Intelligence Initiatives and Best Bank for Best IT Team thus winning the maximum number of awards this year, a release said here today.
The Awards were presented to the winners at a function held at Hyderabad yesterday to Federal Bank MD and CEO Shyam Srinivasan from Reserve Bank of India Governor Raghuram Rajan.
The bank was winning the IDRBT awards for the fourth consecutive year, it added.