For the second year in a row, CUB won seven IBA Banking Tech prizes

Current Context: For the second consecutive year, City Union Bank (CUB) has won seven IBA Banking Technology Awards on January 24, 2025.

• These awards were presented at the 20th Annual Technology Conference, Expo, & Citations in Mumbai.
• CUB's excellence was recognized in several categories:
• Best Digital Sales, Payments & Engagement
• Best IT Risk Management
• Best Financial Inclusion
• Most Innovative Use of AI & ML
• Best Green IT Initiative
• Best Use of Data Analytics
• Excellence in Cyber Security

Question:

1. How many IBA Banking Technology Awards did City Union Bank (CUB) win in 2025?

• A) Five
• B) Six
• C) Seven
• D) Eight

Answer: C) CUB won a total of seven awards at the IBA Banking Technology Awards 2025, marking its second consecutive year of success.