IndusInd Bank won global ‘Celent Model Bank’ Award for its EPH initiative

IndusInd Bank has been awarded the global ‘Celent Model Bank’ award under the category of ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH). The award recognises the Bank’s outstanding journey in creating a cloud-based central payments hub. The award is given by Celent, leading research and advisory firm focused on technology for financial institutions globally. This payment hub is capable of seamlessly processing high transaction loads originating across all forms of payment instructions, and across all originating client touchpoints.

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Important takeaways for all competitive exams:

• IndusInd Bank Founded: 1994;
• IndusInd Bank Headquarters: Mumbai, Maharashtra;
• IndusInd Bank MD & CEO: Sumant Kathpalia;
• IndusInd Bank Tagline: We Make You Feel Richer.

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