Mumbai, January 30, 2014:YES BANK, India’s fourth largest private sector bank, has been awarded the Golden Peacock Award for Corporate Social Responsibility 2013 in the Banking (Private) category. H.E. Shri Nikhil Kumar, Hon’ble Governor of Kerala, presented the award to Ms. Namita Vikas, Chief Sustainability Officer at YES BANK. YES BANK received this recognition for leadership in the Indian financial sector in Corporate Social Responsibility and Sustainable Development basis a rigorous three tier assessment process done by an eminent jury comprising of CSR, sustainability and human resources professionals headed by former Chief Justice of India, Justice P.N. Bhagwati.
Commenting on the award, Mr. Rana Kapoor, MD & CEO, YES BANK, said, “We are extremely pleased to receive this prestigious award that endorses the significant strides YES BANK has made in evangelizing CSR, sustainable development among communities and leveraging our Responsible Banking ethos to create positive impact on ground. We aim to be a benchmark financial institution in India for CSR. Winning the prestigious award is a validation of the tangible results, we have achieved by adopting a strategic approach to CSR and sustainable development.”
YES BANK’s Responsible Banking ethos has received national as well as international recognition for its best practices in Corporate Social Responsibility and Sustainable Development. This award comes on the back of YES BANK recently being conferred the Outstanding Business Sustainability Achievement award at Karlsruhe Sustainable Finance Award, Germany and the Bank receiving commendation certificate for significant achievement at CII ITC Sustainability Award 2013. YES BANK was earlier also awarded the Golden Peacock Global Award for Sustainability 2012 at the London Global Convention.
About Golden Peacock Awards
The Golden Peacock Awards for Corporate Social Responsibility were instituted in 2003 by the Institute of Directors, and recognize Indian organizations that demonstrate integration of CSR into their organizational operations and developing innovative partnership models to fulfil social responsibilities.
The Award received over 180 responses which were shortlisted after a rigorous 3 tier assessment process done by an eminent jury of CSR, sustainability and human resources professionals headed by former Chief Justice of India, Justice P.N. Bhagwati.
About YES BANK LIMITED
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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