Karnataka Bank conferred with two awards by GoI

Private sector and an 'A' Class Scheduled Commercial Bank, Karnataka Bank has been conferred with two DigiDhan awards instituted by Ministry of Electronics & Information Technology, Govt. of India, for achieving the target with the highest percentage in BHIM – UPI transactions under the Private Sector Bank Category consecutively for two years i.e FY 2019-20 & FY 2020-21.

The awards were received by Shri Raja B.S, General Manager and Shri Jagadeesh K.S, DGM, Delhi – Region on behalf of the Bank from Sri Ashwini Vaishnaw, Honourable Central Minister for Railway, Electronics and IT (GOI), and Shri Rajiv Chandrashekhar, MOS for Electronics & IT on the occasion of “Digital Payments Utsav” held on 5th December 2021 at New Delhi.

Commenting on the achievement, Shri Mahabaleshwara M.S, MD & CEO, said “Karnataka Bank has always stood ahead of the time in adopting latest digital technology to its products in order to provide best in class service to our customers. I dedicate this award to the Bank’s esteemed customers who have accepted the Bank’s BHIM KBL UPI App and made it their preferred banking solution to transact which has enabled the Bank to secure this award. It is a proud moment for the Bank.

He added, Our unflinching commitment to promoting digital payments in the country and a less-cash economy has been rewarded through this award from none other than the Ministry of Electronics & Information Technology, Govt. of India. I am grateful to Govt. of India for recognizing the Bank’s effort at the national level”.