Karnataka Bank bags award

Karnataka Bank Ltd has bagged ‘IBA Banking Technology Award’ in the category of ‘Best Risk and Fraud Management Initiative - Runner Up’ amongst small banks. A press release from the bank said the award was announced as part of Indian Banks’ Association (IBA) Technology Conference, Expo and Awards 2016. Mahabaleshwara MS, Chief General Manager of the bank, received the award from HR Khan, Deputy Governor of RBI, and Ashwani Kumar, Chairman of IBA, in Mumbai on Tuesday.