Question:medium

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

Step 1: What is asked.
We need the bank that won the IBA Banking Technology Award 2026 for Best Fintech and DPI Adoption.

Step 2: About the award.
The Indian Banks' Association gives this award to banks that lead in digital banking and public infrastructure use.

Step 3: The criteria.
It rewards banks that use Digital Public Infrastructure well, such as UPI and Account Aggregator services.

Step 4: The winner.
Karnataka Bank won the 2026 award for its strong fintech and DPI adoption.

Step 5: Remove others.
Canara Bank, Punjab National Bank, and ICICI Bank were not the winner in this category.

Step 6: Conclusion.
So the winner is Karnataka Bank.
Answer: Karnataka Bank
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