Corporation Bank has bagged three awards at the ‘National Payments Excellence Awards 2015’ event recently. The function was organised by National Payments Corporation of India (NPCI).
The bank said in a release on Saturday that these awards were instituted for recognition of exceptional performance of member banks.
Corporation Bank received the winner award jointly with Indian Bank for ‘Cheque Truncation System’ under the mid-sized category. The bank also received two runner-up awards for National Financial Switch for its performance in acquirer transactions and Immediate Payment Service (IMPS).
R Gandhi, Deputy Governor of Reserve Bank of India, presented the award at a function in Mumbai recently.