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Bank of Baroda shines with five wins at IBA tech awards

From AI to fintech, BoB takes top honours, showing tech is more than banking

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MUMBAI: Bank of Baroda has once again proven it’s not just about numbers, but also about innovation. At the Indian Banks’ Association’s 21st Annual Banking Technology Awards 2024-25, the public sector giant scooped up five accolades, including four category wins and a special mention.

The bank was named winner in best AI & ML adoption, best fintech & DPI adoption, best IT risk management, and best tech talent. On top of that, it received a special mention in the best technology bank category, cementing its reputation as a tech-savvy trailblazer.

Managing director & ceo Debadatta Chand said, “We are honoured to be recognised by the IBA. These awards reflect our ongoing commitment to innovation, risk management, and building a strong technology team. We will continue to invest in future-ready capabilities to make banking seamless, secure, and rewarding for our customers.”

With these wins, Bank of Baroda is sending a clear signal: in today’s world, banking is as much about bytes as it is about bucks.

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