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Press Release

YES BANK wins the coveted Golden Peacock Global Business Excellence Awards

13th May, 2013

Mumbai, May 13, 2013: YES BANK, India’s fourth largest private sector Bank, has received the coveted Golden Peacock Global Business Excellence Award 2013 at the Dubai Global Convention on Business Excellence. YES BANK was awarded this recognition in the Financial Services - Banking Category. The Award was presented by H.E. Hon. Sayyad Abd-Al-Cader Sayed Hossen, Minister of Industry, Commerce and Consumer Protection- Govt. of Mauritius.

The event was also graced by His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture Youth and Community Development- Govt. of UAE; Hon’ble Ajit Singh, Union Minister for Civil Aviation-Govt. of India and H.E. Hani R. Al Hamli, Secretary General - Dubai Economic Council.

On receiving the accolade, Rana Kapoor, Managing Director & CEO, said, "We are extremely pleased to receive this prestigious recognition which is a testament of YES BANK’s business excellence, strong processes driven approach and proficient management practices. We recognize that consistent and superior service delivery is a key pillar for us to achieve our vision of Building the Best Quality Bank of the World in India."

YES BANK has won numerous international recognitions for ingraining business excellence. YES BANK was conferred the Best Managed Bank in India at the Asian Banker Leadership Achievement Awards 2013 at Jakarta, Indonesia; the ‘The Strongest Bank in India’ by the Asian Banker Magazine and was also recognized as one of the two top Indian organizations to feature in the top 50 Corporate Governance rankings by CLSA Asia-Pacific Markets, Asia's leading independent brokerage and investment group among others.

About the Golden Peacock Global Business Excellence Award
The Golden Peacock Global Business Excellence Framework (GPGBEF) seeks to characterize validated best management practices, as a basis for accelerating the rate of organizational improvement. The Award has been instituted by the Institute of Directors to encourage Business Excellence achievements in both manufacturing as well as service organizations globally.

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 long term vision of "Building the Best Quality Bank of the World in India".

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Ranjit Menon
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