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Our Bureau

Kochi , Sept. 3

South Indian Bank has won the special award for excellence in banking technology from the Institute for Development and Research in Banking Technology (IDRBT).

This award is presented to the bank as a national-level recognition for the excellent contribution made in the area of information systems security policies and practices, a bank release.

IDRBT, which is the technical arm of the Reserve Bank of India, gave the award after scrutinising all categories of banks in India, such as public sector, private sector, foreign and co-operative.

Dr V.A. Joseph, Chairman and CEO of South Indian Bank, received the award from Dr Y.V. Reddy, RBI Governor, in the presence of the Chairman of the Indian Banks' Association, Mr V.P. Shetty.

South Indian Bank is the only old-generation private sector bank to receive this award.

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South Indian Bank bags tech excellence award

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