21st Annual Banking Technology Conference, Expo & Citations

Current Context: The Indian Banks’ Association (IBA) organized the 21st Annual Banking Technology Conference on 9 January 2026 at Trident Hotel, Nariman Point, Mumbai.

• Theme: “Responsible and Resilient Banking in the Age of Artificial Intelligence (AI).”
• Aim: To promote Digital Transformation, Artificial Intelligence/Machine Learning (AI/ML), Financial Technology (Fintech) collaboration, and Information Technology (IT) Risk Management.
• Karnataka Bank achieved a major milestone by winning the 'Best Fintech & DPI Adoption' award.
• Bank of India (BOI): Runner-up in Fintech Collaboration; special mentions in AI/ML, Tech Talent, Digital Sales.
• Cooperative banks recognized: Abhyudaya Co-operative Bank Ltd. (IT Risk), Bharat Co-operative Bank (Mumbai) Ltd. (Digital Sales & IT Risk), SVC Co-operative Bank Ltd. (Tech Talent, Fintech & Digital Public Infrastructure), Cosmos Co-operative Bank Ltd. (IT Risk), Andhra Pradesh Mahesh Co-operative Urban Bank Ltd. (Best Technology Bank).
• Awards were presented by T. Rabi Shankar, Deputy Governor, Reserve Bank of India (RBI).

Question:

Q.1 Which cooperative bank was awarded Best Technology Bank at the 21st Annual Banking Technology Conference 2026?
a) SVC Co-operative Bank Ltd.
b) Cosmos Co-operative Bank Ltd.
c) Abhyudaya Co-operative Bank Ltd.
d) Andhra Pradesh Mahesh Co-operative Urban Bank Ltd.

Answer: d) Andhra Pradesh Mahesh Co-operative Urban Bank Ltd. received the award in recognition of its overall excellence in adopting banking technology