HDFC Bank wins 'Best IT User Award'

HDFC Bank, one of India's premier banks, has won the 'Nasscom - CNBC TV18 IT User Award 2008' for “Best IT Adoption in the Banking sector. Instituted by Nasscom in 2003, the award “recognises” as Nasscom puts it “enterprises across sectors that have implemented projects demonstrating benefits of IT to the Enterprise, thereby leading the wave of IT adoption in India.” This is today one of the most coveted awards for user organisations in India.

With “Enterprise Value” as the theme, the 2008 award recognised technology initiatives of Enterprises that have helped in creating competitive advantage, optimising business processes, enabling revenue growth or improving relationship with customers.

Reliance Industries (manufacturing), Life Insurance Corporation of India (insurance), Bharati Airtel (telecom), ITC (retail & logistics), Dr. Reddy's (pharma), and Shankar Netralaya (healthcare) are among the other winners in different categories, twelve in all.

Anil Jaggia, Chief Information Officer, HDFC Bank said, "It feels good to be recognised for the efforts we have put in through these years to use technology to create value both for the customer and the enterprise."