Bank of Baroda Receives Five Awards at IBA’s 21st Annual Banking Technology Awards 2025
Recognised for excellence in AI & ML adoption, fintech innovation, IT risk management and tech talent at IBA’s prestigious annual awards
Bank of Baroda (BoB), one of India’s leading public sector banks, has been recognised for its excellence in technology-led innovation at the Indian Banks’ Association’s (IBA) 21st Annual Banking Technology Awards 2024–25, securing honours across five categories among Large Banks.
The Bank emerged as Winner in four categories—Best AI & ML Adoption, Best Fintech & DPI Adoption, Best IT Risk Management, and Best Tech Talent—while also receiving a Special Mention in the Best Technology Bank category.
The awards underline Bank of Baroda’s sustained focus on adopting advanced digital technologies, strengthening IT risk governance, and nurturing a future-ready technology workforce to support customer-centric banking.
Commenting on the achievement, Dr Debadatta Chand, Managing Director & CEO, Bank of Baroda, said, “Bank of Baroda is honoured to receive these prestigious awards from the IBA. They reflect our continued emphasis on innovation, robust risk management, and building a strong technology team. We will continue investing in advanced, future-ready capabilities to deliver a seamless and secure banking experience for our customers and create lasting value for all stakeholders.”
The recognition further reinforces Bank of Baroda’s position as a frontrunner in technology-driven transformation in India’s public sector banking ecosystem, with a clear focus on enhancing operational efficiency, digital inclusion, and customer experience.
