Page 27 - BANKING FINANCE APRIL 2017

PRESS RELEASE

"National Payments Excellence Award, 2016" to UCO Bank

UCO BANK, a leading Public Sector Bank has
been conferred with Special Award by
National Payments Corporation of India
(NPCI), in the 'National Payments Excellence
Awards 2016' function held on 8th March,
2017 at Mumbai. The Special award
recognises excellent performance of the Bank
in select parameters of various NPCI
products.On behalf of the Bank, General
Manager (DIT, BPR & BTD) received the
prestigious award.

Earlier, on 21 February, 2017 Bank has also
received the runners-up award under the
category of "Best Payments Initiatives" amongst Mid-sized banks for the year ended 2016, in the function held by Indian
Banks' Association (IBA) in "Banking Technology Conference, Expo & Awards 2016" held at Mumbai. General Manager
(DIT, BPR & BTD) received the prestigious award on behalf of the Bank.

SBI launches its own generic Top Level Domain with its website

“bank.sbi”

State Bank of India has announced rebranding
of its Corporate Website as “bank.sbi” from
earlier sbi.co.in. Bank.sbi is the highest domain
protocol, known as generic Top Level Domain
(gTLD). gTLD adoption enables an organisation
to use its corporate name (.sbi) as their website’s
top-level identifier, instead of using a more
traditional “.com” or “.co.in” domains.
With this, SBI has become the first banking
organisation in India to use a gTLD for its internet
presence and providing an exclusive experience
of assurance and security to its customers.
Bank’s own gTLD aims at simplifying the digital
experience of customers and brings in enhanced
security against phishing and lookalike websites.
Due to its non-replicability, a gTLD site like “.sbi”
conveys an assurance to the customer that the site is authorised, genuine and is not an inappropriate or phishing site.
The Bank also informed that all of the bank’s internet presence (like INB etc) shall soon be migrated to the “.sbi” gTLD.

While launching the gTLD, SBI’s Chairman, Smt. Arundhati Bhattacharya said that SBI being the largest bank has always
been the pioneer in adapting new technology. SBI has always believed in providing high-tech yet secure internet experience
to its customers. Bank’s own gTLD is another step in this direction.
The existing site of ‘sbi.co.in’ will continue till customers get used to the new avtar of SBI’s secure website.

BANKING FINANCE | APRIL | 2017 | 27

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