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Cosmos Bank is “Best IT Risk Management & Best Technology Bank”

Cosmos Bank, one of the oldest urban cooperative banks in the country was recently awarded with the winner trophy for the Best IT Risk Management and special awards for Best Technology Bank and Best Technology Talent in ‘Cooperative Banks’ category by Indian Banks’ Association.

Commenting on the development Chairman of Cosmos Bank CA Milind Kale said ” we are pleased to see our sustained efforts in the technology being rewarded. This reinforces the confidence and credibility of the Bank and urges us to perform even better”.

The 18th Annual Technology Conference, Expo, & Awards 2022 was organized at Hotel Trident, Mumbai. The theme for this year was “Future of Digital & Analytics in Banking”. The IBA technology awards recognize banks for innovative ideas and implementation of the various technology and risk initiatives.

The Bank’s efforts on the digital and technology front in providing secure ‘Next Generation Banking’ experience to its customers as well as talent behind these efforts are recognized with these prestigious awards, informs a press release.

Going forward, Cosmos Bank’s focus would be to develop cognitive analytical capabilities. These capabilities will improve customer experience and support our strategy towards Responsive Innovation.

An eminent jury for the awards included Dr. Deepak Phatak, Dilip Asabe, Shiv Kumar Bhasin and Gagan Rai. On behalf of Cosmos Bank, the award was received by Chief Information Technology Officer, Arti Dhole.

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