The Business Bytes
TBB BUREAU
MUMBAI, MAR 12, 2024
Union Bank of India announced today that its In-House Software Development Facility, Processes, and Service Management have been appraised at ISACA’s CMMI Maturity Level 3 in Schaumburg, IL, USA. This achievement marks a significant milestone in the bank’s commitment to excellence and innovation in technology, solidifying its position as a leader in the banking industry.
The Capability Maturity Model Integration (CMMI®) Level 3 certification highlights Union Bank of India’s dedication to maintaining high standards in software development, processes, and service management. The rigorous evaluation process conducted by the Bank’s Department of Information Technology demonstrated its ability to operate at a defined level of performance, characterized by well-established processes and a culture of continuous improvement.
Rajneesh Chopra, CEO of Union Bank of India, expressed his delight at this achievement, stating, “We are thrilled to receive the CMMI Maturity Level 3 certification, which underscores our commitment to delivering the highest quality services to our customers. This certification validates our proficiency in software development and reinforces our position as a leader in the industry, equipped to meet the evolving needs of our stakeholders.”
With this certification, Union Bank of India is poised to provide innovative banking solutions and unparalleled service quality, further strengthening its position in the market.
