Key Highlights of IBEX India 2025:100+ Exhibitors; 50+Speakers; 250+ Delegates from BFSI; BFSI Technology Award
FinTech BizNews Service
Mumbai, May 3, 2025: The 12th edition of IBEX India 2025 (International Trade Fair for BFSI Tech & Fintech Sector), took place recently at the Jio World Convention Centre in Mumbai, India. With its core mission of ‘Bridging the BFSI Sector with Technology,’ IBEX India has established itself as a pivotal platform driving innovation, collaboration, and progress within the banking, financial services, and insurance industry. Since its inception in 2011, IBEX India has consistently championed the integration of cutting-edge technology, pushing the boundaries of transformation and excellence in the BFSI sector. IBEX India 2025 was an action-packed 2-day event, where the entire BFSI community interacted with leading global technology solution providers, who showcased their diverse technologies in areas such as banking automation, physical infrastructure, IT infrastructure/network, security, retail banking, Insurtech, artificial intelligence, digital banking, and more.
The event commenced with a grand inauguration ceremony graced by eminent dignitaries including Mr CH.SS Mallikarjuna Rao, honorary Chairman, IBEX India 2025 & Former MD & CEO, Punjab National Bank, Mr Rajneesh Karnatak, MD & CEO, Bank of India, Mr Debadatta Chan, MD & CEO, Bank of Baroda, Mr Reuben Lim, CEO, Singapore Fintech Association, and Mr Pradeep Devaiah, Chairman & CEO, PDA Ventures Pvt Ltd. Their inaugural addresses set the tone for insightful discussions and fruitful deliberations throughout the event. Visitor comprising of senior professionals from Nationalised Banks, Private Banks, Foreign Banks, Co-operative Banks, Insurance, NBFCs, Cooperative Banks, Educational & Training Institutions, and others.
This segmentation facilitated targeted interactions and meaningful engagements among industry stakeholders. The conference theme centred around “Technology and Innovation in an AI-driven Era,” providing a comprehensive platform for discussing the latest advancements, challenges, and opportunities in the BFSI and fintech landscape. The 12th edition of IBEX India 2025 exceeded expectations, emerging as a dynamic platform for knowledge exchange, collaboration, and networking within the BFSI and fintech industries. Featuring a diverse program, distinguished speakers, and thought-provoking discussions, IBEX India reaffirmed its position as a cornerstone event in the calendars of industry professionals and stakeholders. The event concluded with the prestigious BFSI Tech Awards Ceremony, a celebration of excellence and innovation across the banking, insurance, and NBFC sectors. The ceremony honoured pioneers and innovators, setting a benchmark for others to aspire to and encouraging the continued pursuit of technological advancement, adoption, and implementation. As we reflect on the resounding success of IBEX 2025, we eagerly anticipate building on this momentum to chart new frontiers of innovation and transformation in the BFSI and fintech sectors.
Proud recipients of the 2025 BFSI Technology Awards at IBEX India
Banking Category
• Best IT Risk & Cyber Security Initiatives by a public sector bank – Union Bank of India. • Best IT Risk & Cyber Security Initiatives by a private sector bank- Karur Vysya Bank Ltd. • Best IT Risk & Cyber Security Initiatives by a co-operative bank, small savings bank & regional rural bank- Andhra Pradesh Grameena Vikas Bank. • Runner up for Best IT Risk & Cyber Security Initiatives by a public sector bank – Canara Bank. • Runner up for Best IT Risk & Cyber Security Initiatives by a private sector bank – City Union Bank Ltd. • Runner up for Best IT Risk & Cyber Security Initiatives by a co-operative bank, small savings bank & regional rural bank- Baroda Rajasthan Kshetriya Gramin Bank. • Special mention for Best IT Risk & Cyber Security Initiatives by a public sector bank- Central Bank of India. • Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a public sector bank – UCO Bank. • Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a private sector bank- City Union Bank Ltd. • Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a co-operative bank, small savings bank & regional rural bank- Ujjivan Small Finance Bank Ltd. • Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by NBFC- Muthoot Microfin Ltd. • Runner up for Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a public sector bank - Bank of Baroda. • Runner up for Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a private sector bank - HDFC Bank Ltd. • Runner up for Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a co-operative bank, small savings bank & regional rural bank-Baroda Rajasthan Kshetriya Gramin Bank. • Runner up for Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by NBFC- Shriram Finance Ltd. • Special mention Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a public sector bank – Punjab & Sind Bank and Union Bank of India. • Special mention Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a private sector bank – South Indian Bank Ltd. IBEX India Post Show Report 2025 • Special mention Outstanding Use of Emerging Technology for Enhanced Customer Service Experience by a co operative bank, small savings bank & regional rural bank- Andhra Pradesh Grameena Vikas Bank and Patan Cooperative Bank Ltd. • Best Excellence in ESG & Sustainability Initiatives by a public sector bank – UCO Bank. • Best Excellence in ESG & Sustainability Initiatives by a private sector bank- Karur Vysya Bank Ltd. • Best Excellence in ESG & Sustainability Initiatives by a co-operative bank, small savings bank & regional rural bank- Baroda Rajasthan Kshetriya Gramin Bank. • Best Excellence in ESG & Sustainability Initiatives by NBFC- Namdev Finvest Pvt Ltd. • Runner up for Excellence in ESG & Sustainability Initiatives by a public sector – Bank of Maharashtra. • Runner up Best Excellence in ESG & Sustainability Initiatives by a co-operative bank, small savings bank & regional rural bank- Andhra Pradesh Grameena Vikas Bank. • Special mention for Best Excellence in ESG & Sustainability Initiatives by a co-operative bank, small savings bank & regional rural bank- Fino Payments Bank. • Excellence in Operational Efficiencies Using Emerging Technology by a public sector bank – Bank of Maharashtra. • Excellence in Operational Efficiencies Using Emerging Technology by a private sector bank- South Indian Bank Ltd. • Best Excellence in ESG & Sustainability Initiatives by a co-operative bank, small savings bank & regional rural bank- Andhra Pradesh Grameena Vikas Bank • Excellence in Operational Efficiencies Using Emerging Technology by NBFC- Shriram Finance Ltd. • Joint Runner up for Excellence in Operational Efficiencies Using Emerging Technology by a public sector – Indian Bank and Central Bank of India. • Joint Runner up Excellence in Operational Efficiencies Using Emerging Technology by a private bank- City Union Bank Ltd and HDFC Bank Ltd. • Runner up Excellence in Operational Efficiencies Using Emerging Technology by a co-operative bank, small savings bank & regional rural bank- Ujjivan Small Finance Bank Ltd. • Runner up Excellence in Operational Efficiencies Using Emerging Technology by a NBFC- Aditya Birla finance Ltd. • Special mention Excellence in Operational Efficiencies Using Emerging Technology by a public sector- Union Bank of India and Bank of India. • Special mention Excellence in Operational Efficiencies Using Emerging Technology by a private sector- CSB Limited. • Special mention Excellence in Operational Efficiencies Using Emerging Technology by a co-operative bank, small savings bank & regional rural bank- Baroda Rajasthan Kshetriya Gramin Bank. • Most Innovative Use of Technology by a public sector bank – Bank of India
• Most Innovative Use of Technology by a private sector bank – HDFC Bank Ltd.
• Most Innovative Use of Technology by a co-operative bank, small savings bank & regional rural bank - Cosmos Co-op Bank Ltd • Most Innovative Use of Technology by a foreign bank – Standard Chartered. • Most Innovative Use of Technology by NBFC - Muthoot Microfin Ltd • Runner up Most Innovative Use of Technology by a public sector bank- Bank of Baroda. • Runner up for Most Innovative Use of Technology by a private sector bank- City Union Bank Ltd. • Joint Runner up for Most Innovative Use of Technology by a co-operative bank, small savings bank & regional rural bank- Andhra Pradesh Grameena Vikas Bank and Baroda Rajasthan Kshetriya Gramin Bank. • Runner up for Most Innovative Use of Technology by a NBFC- Godrej Capital Ltd. • Special mention for Most Innovative Use of Technology by a public sector bank – Punjab National Bank. • Special mention for Most Innovative Use of Technology by a private sector bank – Karur Vysya Bank Ltd. • Special mention for Most Innovative Use of Technology by a co-operative bank, small savings bank & regional rural bank - Kerala Gramin Bank and Equitas Small Finance Bank. Insurance category • Excellence in Distribution & Reach Using Emerging Technology Award by non0life insurance- Bajaj Allianz General Insurance Co Ltd. • Excellence in Operational Efficiencies Using Emerging Technology Award by a life insurance company- IndiaFirst Life Insurance Co Ltd • Excellence in Operational Efficiencies Using Emerging Technology Award by a non-life insurance company – IFFCO Tokio General Insurance Co Ltd. • Runner up for Excellence in Operational Efficiencies Using Emerging Technology Award by a non-life insurance company – Bajaj Allianz General Insurance Co Ltd. • Special mention for Excellence in Operational Efficiencies Using Emerging Technology Award by a non-life insurance company – Magma General Insurance Ltd. • Excellence in Using Emerging Technology to Enhance Customer Service Experience Award by a non-life insurance company- Bajaj Allianz General Insurance Co Ltd. • Emerging Tech Led Innovation Award by a life insurance company- IndiaFirst Life Insurance Co Ltd • Emerging Tech Led Innovation Award by a non-life insurance company- Bajaj Allianz General Insurance Co Ltd. • Runner up for Emerging Tech Led Innovation Award by a life insurance company- Aditya Birla Sun Life Insurance Co Ltd. • Special mention for Emerging Tech Led Innovation Award by a life insurance company- HDFC Life Insurance Co Ltd.
