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AWARDS AND HONOURS - December 2018

Dec 2018

Feb 17, 2024

South Indian Bank Gets Best Technology Bank of the Year Award

South Indian Bank was honoured with the title of Best Technology Bank of the Year Award at the 19th IBA Annual Banking Technology Conference, Expo, & Citations.
The bank's outstanding performance was recognised with a total of six prestigious awards. In three categories, the bank emerged as the winner, secured the runner-up position in one, and received special mentions in two others.
The awards were presented to P. R. Seshadri, MD & CEO of South Indian Bank, by T. Rabi Sankar, Deputy Governor of the Reserve Bank of India, in Mumbai.
The IBA Annual Banking Technology Conference, Expo & Citations has been an annual event since its inception in 2005. Instituted by the Indian Banks' Association (IBA), it recognises organisations that have brought in transformational changes in their businesses by adopting modern digital solutions.

Feb 16, 2024

City Union Bank Wins IBA's Banking Technology Awards

City Union Bank, under the stewardship of Dr. N. Kamakodi, claimed an impressive seven awards at the 19th Banking Technology Conference, Expo & Citations 2023. The event, organised by the Indian Banks Association (IBA), recognised the institution's exceptional performance in various categories, including Artificial Intelligence and Machine Learning, Fintech DPI Adoption, and Financial Inclusion.
The ceremony, held in the presence of T Rabi Sankar, Deputy Governor of the Reserve Bank of India, saw City Union Bank (CUB) take home the coveted titles of Best AI ML Bank, Best Fintech DPI Adoption, and Best Financial Inclusion. These accolades highlight the bank's commitment to leveraging cutting-edge technology to provide superior services to its clients.
In addition to these top honors, CUB also secured runner-up positions in the categories of Best Digital Engagement, Best IT Risk Management, and Best Technology Talent. The bank's dedication to fostering a culture of innovation and excellence was further underscored by a Special Mention for Best Technology Bank.

Feb 15, 2024

India Wins the 9th GovTech Prize for AI-Powered Road Safety Initiative

India was honoured with the 9^th GovTech Prize at the World Government Summit 2024, held in the United Arab Emirates. This accolade is a testament to India's innovative use of artificial intelligence in enhancing government services, specifically under the 'AI-Powered Government Services' category. The award, established by the UAE government, acknowledges the creative and innovative technological solutions implemented by government entities worldwide.
The Ministry for Road Transport & Highways of the Government of India was recognised for its groundbreaking project, iRASTE (Intelligent Solutions for Road Safety through Technology and Engineering). This initiative stands out as a pioneering endeavour that integrates AI technology to tackle the challenges of road safety, marking a significant evolution from traditional methods. iRASTE is a collaborative effort that brings together the government, industry, and academia to leverage the predictive capabilities of AI for preemptive road safety measures.
The GovTech Prize was awarded by Sheikh Hamdan bin Mohammed Al Maktoum, the crown prince of Dubai, and was received on behalf of India by Tadu Mamu, Consul at the Consulate General of India.

Feb 14, 2024

Govt. Introduces National Creator's Awards for Modern Influencers

The government of India unveiled the prestigious 'National Creators Award', a groundbreaking initiative aimed at acknowledging and celebrating the remarkable contributions of new-age influencers and creators in shaping India's digital landscape.
The 'National Creators Award' endeavours to shine a spotlight on the myriad voices and talents that are instrumental in propelling India's growth trajectory while simultaneously enriching its cultural fabric.
According to the Ministry of Electronics & IT (MeitY), this initiative seeks to recognise those individuals who have not only fostered innovation and creativity but have also driven positive social change through their digital endeavours.
The 'National Creators Award' acknowledges outstanding creativity and innovation across more than 20 categories, spanning from storytelling and social change advocacy to environmental sustainability, education, gaming, and beyond.

Feb 13, 2024

K.P.P. Nambiar Award for ISRO Chairman S. Somanath

The field of space exploration and technology in India witnessed a momentous occasion as the IEEE Kerala Section announced the recipient of the prestigious K.P.P. Nambiar Award. This year (2024), the accolade was bestowed upon ISRO Chairman S. Somanath, a figure synonymous with innovation and leadership in space technology.
Named after the doyen of the electronic industry and the founder chair of the IEEE Kerala section, K.P.P. Nambiar, the award stands as a beacon of excellence in technology. It honours individuals or groups within the State who have demonstrated significant contributions towards the IEEE vision of advancing technology for humanity. The award not only commemorates the legacy of K.P.P. Nambiar but also encourages the pursuit of technological innovation and its application for the greater good.

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