IndusInd Bank has been awarded the global ‘Celent Model Bank’ award under the category - ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH). The award acknowledges the Bank’s outstanding journey in creating a cloud-based central payments hub that is capable of seamlessly processing high transaction loads originating across all forms of payment instructions, and across all originating client touch points.
The ‘Celent Model Bank’ is awarded for best practices of technology usage in different areas, that are critical to success in banking, and is the main award that a financial institution can receive from Celent - a leading research and advisory firm focused on technology for financial institutions, globally. With this, IndusInd Bank has joined ranks with a few other banks globally, who have been conferred with this award.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.