You are here: Home » Press Releases » Economy
Business Standard

IDBI Bank wins Asian Banker Technology Implementation Award 2011

Announcement  |  Banking 

IDBI Bank, along with the technology partner Oracle won the Asian Banker Technology Implementation Award 2011 for Best Data and Analytics Project for implementing an analytics solution that measures and analyses interest rate and liquidity risks, integrates its performance management framework and conducts faster and robust scenario analyses. Asian Banker’s press release on the subject says ‘over 50 financial institutions from 15 countries across Asia Pacific, Gulf region and Central Asia were evaluated as part of the Technology Implementation Awards Programme 2011’.

The award was received by Shri Iswar Padhan, General Manager and Shri Anirudh Behera, Deputy General Manager, IDBI Bank along with Shri Rajeev Nair, Associate Consultant, IDBI Intech and Shri Arvind Girotra, Senior Solution Architect Manager - Asia Pacific, Oracle in a function organized by the Asian Banker in Hong Kong.

About IDBI Bank
IDBI Bank Ltd. is a universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 816 branches and 1373 ATMs. The Bank has an aggregate balance sheet size of Rs. 2,21,098 Crore as on December 31, 2010. IDBI Bank's operations during the nine month ended December 31, 2010 resulted in a net profit of Rs.1134 crore.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, April 14 2011. 20:35 IST
RECOMMENDED FOR YOU
.