Awards & Achievements
Awards & Achievements
The Akola Urban Co-Operative Bank has been recognised with prestigious awards for excellence in banking, technology, and customer service.
Banking Frontier Award — Best Mobile Application Winner
Banking Frontiers, Goa — 2023The Akola Urban Co-operative Bank received the prestigious Banking Frontier Award 2023 for Best Mobile Application in the cooperative banking sector. The award was presented at a ceremony in Goa.
Bank Chairman Shri Rameshwar Fundkar, Vice Chairman Shri Shantanu Joshi, and CEO Shri Rajan Sontakke accepted the award, marking a milestone in the bank's digital banking journey.
Banco Blue Ribbon Award — Best Co-operative Bank Winner
Banco Blue Ribbon, Daman — 2023The bank was honoured with the Banco Blue Ribbon Award 2023 as the Best Co-operative Bank, recognising outstanding performance in the cooperative banking sector across seven states.
The award was presented by Shri P.K. Arora, Former Chief General Manager of Reserve Bank of India, at a grand ceremony in Daman. Secretary Shri Harish Lakhani and Director Shri Sanjay Kotak received the award on behalf of the bank.
Digital Banking Excellence Recognised
Maharashtra Urban Co-operative Banks Federation — 2022The bank was recognised for its excellence in digital banking initiatives among urban cooperative banks in Maharashtra, including CBS implementation, mobile banking, and Aadhaar-enabled services.
Technology Adoption Award Runner-Up
IBA Banking Technology Awards — 2021Recognised at the IBA Banking Technology Awards for outstanding technology adoption among cooperative banks, including CBS platform, internet banking, and digital payment infrastructure.
Best Technology Bank of the Year Winner
IBA Banking Technology Conference & Awards — 2019At the 15th Annual IBA Banking Technology Conference, Expo & Awards 2018-2019, the bank was awarded Best Technology Bank of the Year and Best Digital Financial Inclusion Initiatives among cooperative banks.
Best IT Bank & Digital Awards 3 Awards
MUCBF & Banking Frontiers — 2017MUCBF Award — Best Information Technology Bank Award 2017
NPCi National Payment Excellence Awards — Special Jury Award for excellent performance in RuPay, NFS, ATM Network & CTS.
Frontiers in Cooperative Banking Awards 2017 — 3 awards in Large UCB category for Best ePayments, Best Digital Marketing, and Best Mobile App.
Triple Crown — Best Overall Bank, Best Branding, Best CEO 3 Awards
Banking Frontiers — 2012Banking Frontiers conferred 3 prestigious awards in the cooperative bank category:
Best Overall Bank Award
Best Branding Award
Best CEO Award — Shri Satish Utekar
Best Technology Bank & Best Chairman Winner
IBA & Banking Frontiers — 2011IBA Award — Best Technology Bank of the Year 2011 (Second Runner-Up) in Co-operative Bank segment, presented by Hon'ble Shri Narayana Murthy, Chairman Emeritus, Infosys Ltd.
Banking Frontiers — Best Chairman in UCB category, Excellence in Technological Innovation, Best IT Adoption in Large UCB Category.
Technology Bank of the Year & Best Urban Co-op Bank 2 Awards
IBA & MUCBF — 2009IBA Award — Technology Bank of the Year in Co-operative Banks category for FY 2009.
MUCBF Award — Best Urban Co-operative Bank in Maharashtra among banks with deposits over Rs. 500 crores.
5 Awards at Banking Frontiers 5 Awards
Banking Frontiers — 2008Banking Frontiers conferred 5 awards for Big Co-operative Banks (business mix > Rs. 500 crores):
Best M&A (Merger & Acquisition)
Innovation in CBS
Innovation in Marketing
Innovation in Self Service
Innovation in Branch Up-gradation