Mumbai : South Indian Bank reaffirmed its position as a leader in innovation and excellence by clinching multiple awards at the Infosys Finacle Innovation Awards 2024. Recognized across various categories, including Business Model Innovation, Corporate Banking Innovation, Ecosystem-led Innovation, and Customer Engagement, the Bank’s commitment to pioneering solutions was celebrated on a grand scale.
SIB’s pioneering initiative, SIB eDirect, secured the prestigious Platinum Winner title for Business Model Innovation. Additionally, the Bank garnered Gold Winner accolades for Corporate Banking Innovation with SIB TF Online and MSME Web Portal, Ecosystem-led Innovation with Co-lending and quick PL, and Maximizing Customer Engagement with WhatsApp Banking.
Mr. P. R. Seshadri, Managing Director and CEO, South Indian Bank, shared his thoughts on this remarkable achievement, stating, “We are thrilled and humbled to receive these accolades at the Infosys Finacle Innovation Awards 2024. This recognition is a testament to our unwavering commitment to innovation and customer-centric solutions. These initiatives not only showcase South Indian Bank’s commitment to embracing technological advancements but also underscore its dedication to enhancing customer experience and operational efficiency. This recognition serves as a testament to the Bank’s dedication to delivering innovative solutions that cater to the evolving needs of its customers and stakeholders.”
The award ceremony, attended by prominent figures from the banking sector, showcased the industry’s commitment to pushing boundaries and embracing innovation. South Indian Bank continues its tradition of digital excellence, keeping in mind best in class customer experience.