Categories: Awards

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More Awards News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Why Did Lord Mountbatten Choose August 15 as India’s Independence Day?

August 15, 1947, is considered one of the most significant days in the history of…

8 hours ago

Mountbatten Plan (1947): The Road to Partition and Independence

The Mountbatten Plan or the 3rd June Plan was proposed by Viceroy Lord Louis Mountbatten…

9 hours ago

Quit India Movement (1942): The Final Mass Movement Against British Rule

The Quit India Movement, which started on August 8, 1942, was probably one of the…

10 hours ago

Royal Indian Navy Mutiny (1946): The Revolt That Shook British Rule

The 1946 mutiny of the Royal Indian Navy (RIN) was one of the last major…

11 hours ago

Azad Hind Fauj (INA): Netaji Subhas Chandra Bose’s Military Campaign

The Indian National Army (INA), or Azad Hind Fauj, emerged as one of the most…

12 hours ago

301 Gallantry Medals Awarded to Police, Fire Service Personnel

Gallantry Medals have been awarded to 301 members of the Police Force and Fire Services…

12 hours ago