City Union Bank wins seven awards in the recently concluded ‘20th annual Technology Conference, Expo, & Citations 2024’ held at Mumbai on 24th January 2025. CUB is getting awards in all the seven categories from IBA for the second year in row. The IBA awards are aimed at rewarding Best Technology Providers in the Banking Industry, encouraging competition in the Banking Industry to demonstrate their state-of-the-art innovative products, sense of purpose and bringing huge value addition in Best Practices for serving clientele.

Deputy Governor of Reserve Bank of India (RBI) Shri. T. Rabi Sankar handed over the awards to Shri Vijay Anandh, Executive Director of City Union Bank in the presence of his technical team.

Speaking on the occasion, Shri Vijay Anandh said,” We are thrilled to receive awards in all the 7 categories from IBA year after year. These awards are given by IBA in recognition of our Technology adoption. We are continuously launching new IT enabled products for the usage by our customers. We launched 8 new Digital products for our customers in the Global Fintech Fest 2024 held in August 2024. We will continue to innovate new IT solutions for the benefit of our customers and work in unison to get awards from IBA in all categories in the coming years also”.

City Union Bank has won the awards in the following categories:

• Best Digital sales, Payments & Engagement
• Best IT risk management
• Best Fintech & Digital Payment Index (DPI) adoption
• Best Financial Inclusion

CUB has been awarded Runner-up for the categories as mentioned here below:

• Best AI & ML Adoption.

CUB has been awarded the Special Award for:

• Best Technology Talent & Organization.
• Best Technology Bank