SRINAGAR, June 3: The J&K Bank has won the gold award at the Finacle Innovation Awards 2026 in the category of “Modern Technologies-led Innovation – Data Insights & Analytics Platform”, marking a major achievement in its ongoing digital transformation journey.
The award was received by Managing Director and CEO Amitava Chatterjee along with General Manager (Strategy & IT/CIO) Mohammad Muzaffar Wani at a ceremony organised by Infosys Finacle in Mumbai.
The awards were held under the theme “Recomposing Banking – A Playbook for the Next Phase of Banking Transformation”.
This year, nearly 500 nominations were received from financial institutions, making the competition highly competitive.
J&K Bank earned the recognition for its Data Insights and Analytics Platform, a cloud-based enterprise data and analytics ecosystem that serves as a unified source for reporting, business intelligence, advanced analytics and artificial intelligence applications.
The platform has enabled the Bank to deploy multiple AI and machine learning-based solutions aimed at improving operational efficiency, forecasting, customer analytics, risk and credit management, customer retention and overall business performance.
Speaking on the occasion, MD and CEO Amitava Chatterjee said the Bank’s innovation strategy has focused on converting data into actionable decisions through real-time insights.
He said the platform has helped improve customer service through greater speed, precision and personalisation while delivering measurable business results.
He said the award reflects the Bank’s commitment to building a digitally agile, data-driven and future-ready institution capable of delivering better customer value while maintaining high standards of governance, efficiency and risk management.
Chatterjee also credited the achievement to the collective efforts of employees across business, technology and operations.
The recognition places J&K Bank among the country’s leading banking innovators.
The award comes shortly after the Bank reported its highest-ever annual profit and record financial performance for FY 2025-26, highlighting the positive impact of its investments in technology, analytics and innovation.
