<h1>Private bank wins Digital Payments Award 2023-24 achieving 120% of target with highest performance among peers</h1> A private sector bank received the Digital Payments Award 2023-24 from the Department of Financial Services, Ministry of Finance, securing third position among private banks for outstanding digital payment performance. The bank achieved 120% of its digital transaction target in FY23-24, the highest among all private sector banks in India. The award ceremony was held at Vigyan Bhavan, New Delhi, attended by senior government officials. The bank maintains a 93% digital transaction mix and serves approximately 41 million customers through over 3,000 branches and ATMs nationwide.