Written by Intern Rency Gomes, Team Allycaral
Bank of Baroda, one of India’s leading public sector banks, has received five awards at the Indian Banks’ Association’s 21st Annual Banking Technology Awards 2024–25, reaffirming its position as a frontrunner in technology-driven banking and innovation. The awards were announced in Mumbai on January 13, 2026.
The Bank emerged as the winner in four categories under the Large Banks segment, including Best AI and Machine Learning Adoption, Best Fintech and Digital Public Infrastructure Adoption, Best IT Risk Management, and Best Tech Talent. In addition to these category wins, Bank of Baroda also received a Special Mention in the Best Technology Bank category.
Commenting on the achievement, Debadatta Chand, Managing Director and Chief Executive Officer of Bank of Baroda, said the recognition reflects the Bank’s sustained focus on innovation, strong risk management practices, and the development of a skilled technology workforce. He noted that the Bank remains committed to investing in future-ready digital capabilities to deliver secure, seamless, and customer-centric banking experiences while creating long-term value for all stakeholders.
The awards further reinforce Bank of Baroda’s strategy of leveraging advanced digital solutions to improve operational efficiency and enhance customer service across channels. Over the years, the Bank has consistently prioritised technology-led transformation as a core pillar of its growth and service delivery model.
Founded in 1908, Bank of Baroda today serves more than 180 million customers globally through an extensive network of physical branches and digital banking platforms across multiple countries, offering a comprehensive range of banking products and financial services.
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