Date:04/07/2009 URL: http://www.thehindu.com/2009/07/04/stories/2009070456471600.htm

Business - Briefly

Indian Bank wins Model Bank award

BANGALORE: Indian Bank has won the Model bank award for 2009 from Celent, a banking industry research and advisory firm, for implementing core banking solution, based on the BaNCS platform, which has been developed by Tata Consultancy Services. The award was presented to the bank’s Chairman and Managing Director, M. S. Sundara Rajan, by Bart Narter, Senior Vice-President, Banking Group, Celent, at a function in Bangalore on Thursday. — Special Correspondent