The Institute for Development and Research in Banking Technology, Hyderabad, has identified Karur Vysya Bank for the Banking Technology Excellence Award 2010-11, mobile banking category.

KVB's Managing Director and Chief Executive, Mr K. Venkataraman, received the award from the Deputy Governor of the Reserve Bank of India, Mr Anand Sinha, in Hyderabad last week.

Bank sources said that for the bank this was the third successive year of the award.

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