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OpportuNITIE from NITIE, Mumbai declared winners of the YES BANK Transformation Series – 2015

8500 students from 500+ colleges in India participated in the third edition

March 19, 2015, Mumbai:YES Bank, India’s 4th largest private sector bank crowned OpportuNITIE from NITIE, Mumbai as the winners of the YES BANK Transformation Series – 2015 at the Grand Finale held at the Trident, Nariman Point, Mumbai today. The winners will receive a prize money of INR 1.5 lakhs, with the first runner up – FINATICS, IIFT Delhi taking home INR 1 lakhs and the second runner up – ProDigies, IIM Lucknow winning a prize of INR 0.5 lakhs. All the three teams also received Pre-Placement Job Offers from YES BANK. An aggregate of Rs 3 lakhs in prize money was distributed across three teams, from overall 3000 teams across the country.

Launched in the year 2010,the YES BANK Transformation Series is a unique platform that offers university level students across the world an opportunity to work on real life industry challenges and issues and find innovative solutions.

In this edition, participants had to solve a real-life case study on ‘Innovation in India’s Banking Sector’ and provide creative solutions. The 3rd edition attracted overwhelming participation from 8500 students across 500 colleges. Mint, India’s 2nd Largest business newspaper was a strategic partner to the YES BANK Transformation Series. The media partner for the 3rd edition of the Transformation Series was CNBC TV18.

The third edition of the YES BANK Transformation Series engaged the finest minds from the best universities across the world to determine breakthrough disruptive innovations which could transform this fast-evolving and critical sector of the Indian economy.

Commenting on the occasion Mr. Rana Kapoor, Managing Director and CEO, YES BANK said, “YES BANK Transformation Series is a path breaking opportunity for aspiring young entrepreneurs and business leaders across the world. It provides a platform to test their mettle competing against the world’s brightest minds and in the process acquire innovative thinking, creative skills and apply their knowledge to real business challenges and opportunities. It places students in the shoes of entrepreneurs and business leaders and urges them to think big and innovate.”

The finalist teams were from IIM Ahmedabad, IIM Calcutta, XLRI Jameshedpur, IIM Lucknow, IIM Kozhikode, IIM Indore, IIFT Delhi, MDI Gurgaon and NITIE.

The teams presented their ideas to an esteemed jury comprising of policy makers, doyens of Indian Inc. and academia such as Dr. Bibek Debroy Member, NITI Ayog , Mr. Praveen Sinha Founder & MD, Jabong.com, Dr. Chitra Ramkrishna MD & CEO National Stock Exchange and Mr. Ajai Kumar, Corporation Bank’s former CMD. The other jury members included Mr. Ashish Hemrajani Founder Bookmyshow.com, , Dr. Gita Piramal Academic Researcher, University of Oxford, Mr. Chaitanya Kamat CEO Oracle Financial Services, Dr. Bhaskar Das Group CEO, Zee News, Mr. Sundeep Khanna Executive Editor LiveMint.

The Grand Finale also witnessed mind opening presentations on innovations by Dr. Nirmalya Kumar, Member, Group Executive Council, Tata Group and Dr. Indu Shahani, Principal, HR College of Commerce & Economics.

About YES BANK

YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its 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 offers 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 mission of “Building the Best Quality Bank of the World in India” by 2020.

For media queries, please contact:

YES BANK Limited
Jitesh Patel
Ph.: +91 22 3347 9753
Email: jitesh.patel@yesbank.in

Adfactors PR
Jyothi Goswami
Ph.: +91 22 67574444
Email: jyothi@adfactorspr.com