Question:

Which bank won the Indian Banks' Association (IBA) Banking Technology Award 2026 for Best Fintech & Digital Public Infrastructure (DPI) Adoption?

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Karnataka Bank has been at the forefront of digital transformation among private sector banks in India, focusing on customer-centric digital products.
Updated On: Jun 5, 2026
  • Canara Bank
  • Karnataka Bank
  • Punjab National Bank
  • ICICI Bank
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The Correct Option is B

Solution and Explanation

Concept: The Indian Banks' Association (IBA) recognizes excellence in banking technology to encourage institutions to adopt digital-first strategies and public infrastructure integration.

Step 1: Evaluating the criteria for the 2026 award.
The award specifically targets banks that have successfully integrated Digital Public Infrastructure (DPI) frameworks, such as UPI and Account Aggregator services, into their fintech ecosystems.

Step 2: Identifying the winner.
Karnataka Bank was declared the winner of the 2026 IBA Banking Technology Award for its exceptional adoption and seamless implementation of DPI and fintech-driven services. equation 2026 IBA Award Winner (Fintech & DPI) = Karnataka Bank equation center Karnataka Bank center
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