Karnataka Bank has bagged two IBA - Banking Technology Awards 2017. The bank has been adjudged as a winner in ‘Best Financial Inclusion Initiatives (Small Bank)’ category. The bank has also received award as a runner up in ‘Best use of Digital and Channels Technology (Small Bank)’ category.
IBA - Banking Technology Awards is instituted to recognize and reward individuals, professionals and banks who have recorded noteworthy technology and business benefits in the previous year.
Karnataka Bank operates as a private sector bank. It products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.