South Indian Bank bags National Payments Excellence Award

Shri. Reghunathan K N, EVP (Treasury), South Indian Bank receiving National Payments Excellence Award for RuPay instituted by NPCI from Shri. B. P. Kanungo, Deputy Governor RBI, in the presence of BiswamohanMahapatra, Chairman NPCI, Mr. V.G. Kannan, Chief Executive, IBA and Dr. A.S. Ramasastri, Director, IDRBT.
South Indian Bank has won National Payments Excellence Award 2017 for ‘RuPay’ among the small category banks, which is the highest recognition in the industry to acknowledge exceptional performance in payments system.
The award was received by Shri. Reghunathan K N, EVP (Treasury) South Indian Bank from Shri. B. P. Kanungo, Deputy Governor RBI, in the presence of BiswamohanMahapatra, Chairman NPCI, Mr. V.G. Kannan, Chief Executive, IBA and Dr. A.S. Ramasastri, Director, IDRBT at a glittering function held at Mumbai.
These prestigious awards hosted by National Payments Corporation of India (NPCI) are for inculcating a spirit of healthy competition and for recognising the exceptional performance of NPCI members. The award is conferred for the second consecutive time to SIB, which is making significant strides in pioneering technological innovations in digital banking.