The Bank wins recognition at the BT – KPMG Best Bank Awards for the 6th consecutive year
Mumbai, November 25, 2013: YES BANK, India's fourth largest private sector Bank, was awarded the ‘Best Mid-Sized Bank’ in India at the coveted Business Today – KPMG Best Bank Awards 2013. YES BANK was conferred this recognition based on a rigorous methodology administered by KPMG, that comprised of numerous quantitative parameters across Asset Quality, Growth, Size, Strength, Productivity & Efficiency, Earnings Quality and Capital Adequacy.
Commenting on the recognition, Mr. Rana Kapoor, Managing Director & CEO, YES BANK said, "Institutional recognitions from such prestigious media houses truly validate the trust and confidence of our stakeholders in the Bank. We are pleased with the consistency of our Bank’s performance, and this is the sixth consecutive time that YES BANK has been placed amongst the Best Mid-Sized Bank in the country. This prestigious award is indeed a true recognition of YES BANK’s strength, impeccable asset quality, sustainable growth and a fine management team. I am confident that YES BANK will achieve many more recognitions and is well on its way to realize its vision of becoming the ‘Best Quality Bank of the World in India.’
Recently, YES BANK was recognized as the Best Managed Bank in India for the 3-Year Period, 2011-2013 at The Asian Banker Leadership Achievement Awards 2013 at Jakarta, Indonesia and ‘The Strongest Bank Balance Sheet in India’ by the Asian Banker Magazine, Singapore.
About the Awards
The data to rank the banks was taken from published annual reports of the banks as well as the Reserve Bank of India's 'Profile of Banks, 2012/13'. The data considered was for the period 2009/10 to 2012/13. The ranking covers 65 scheduled commercial banks that provided their annual reports at the time of conducting the study.
About YES Community
YES BANK, India’s fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and his top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the vision of “Building the Best Quality Bank of the World in India”.
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