Power of Technology, Trust of a Legacy: Bank of Baroda Creates History at IBA Awards 2025
Mumbai : One of India’s leading public sector banks, Bank of Baroda (BoB), has once again reaffirmed that the perfect blend of technology, innovation, and trust defines the future of banking. At the prestigious 21st Annual Banking Technology Awards 2024–25, organised by the Indian Banks’ Association (IBA), Bank of Baroda was honoured with five major awards in the category of large banks.
Among these, the Bank emerged as a winner in four categories, while receiving one special commendation, further underscoring its excellence in technological innovation. Bank of Baroda was adjudged the winner in the categories of Best Adoption of AI & Machine Learning, Best FinTech and Digital Public Infrastructure (DPI) Adoption, Best IT Risk Management, and Best Technology Talent. In addition, the Bank received a Special Award for ‘Best Technology Bank’.
Commenting on this significant achievement, Dr. Debadatta Chand, Managing Director & Chief Executive Officer, Bank of Baroda, said, “Receiving these prestigious awards from the IBA is a matter of great pride for us. They reflect our continued focus on innovation, robust risk management, and building a strong technology-driven workforce. We remain committed to investing in advanced capabilities to deliver seamless, secure, and future-ready banking experiences for our customers while creating sustainable value for all stakeholders.”
This recognition further strengthens Bank of Baroda’s technology-led vision, its customer-centric banking approach, and its leadership role in digital transformation. Keeping pace with a rapidly evolving financial landscape, Bank of Baroda is not only addressing the needs of today but is also actively shaping the future of banking in India.