Awarded in the “Banks and Financial Institutions” Category by the Bombay Chamber of Commerce and Industry ( BCCI)
Mumbai, September 18, 2014:YES BANK, India’s fourth largest private sector Bank was awarded the Bombay Chamber Good Corporate Citizen Award 2013-14 in the 'Banks and Financial Institutions' Category at the 179th Foundation Day of the Chamber. Organized by Bombay Chamber of Commerce and Industry (BCCI) and instituted in 1994, YES BANK is the only winner in this category. Mahindra and Mahindra won in the Large Corporate category whereas Ambit Group won in the Small and Micro Companies category.
Speaking on this recognition, Mr. Rana Kapoor, MD and CEO, YES BANK, said, "YES BANK has since inception endeavored to develop innovative solutions aimed at creating sustained stakeholder value which extend beyond the realms of traditional banking solutions. We take significant institutional pride in our Responsible Banking - community and sustainability focused initiatives, and the Good Corporate Citizen Award from the Bombay Chamber on our 10th Anniversary since commencing operations in 2004, is a strong validation of our institutional efforts”.
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. Commenting on this achievement, Ms. Namita Vikas, Senior President and Country Head, Responsible Banking, YES BANK said, “YES BANK is highly committed to economic, environmental and social development, ensuring a healthy environment and a stable society. Through initiatives such as YES COMMUNITY, YES BANK has actively engaged with over 4 lakh people from local communities on pertinent social and environmental issues. Such initiatives have helped us in going beyond transactional and creating positive social and environmental impact.
For its commitment to sustainable development and responsible banking, YES BANK was also awarded the Golden Peacock Award for Environment Management in 2014 and ‘Corporate Social Responsibility’ in 2013. More recently YES BANK was conferred the ‘Outstanding Sustainable Project Financing’ at Karlsruhe Sustainable Finance Award in Germany and a commendation certificate for significant achievement at CII ITC Sustainability Award 2013.
About Bombay Chambers of Commerce and Industry Good Corporate Citizen Award 2013-14
The Bombay Chamber of Commerce and Industry instituted the Good Corporate Citizen Award in 1994 to recognize and honor conspicuous achievement by corporate in terms of service to the civic community in addition to outstanding operational performance. The Bombay Chamber believes that, industry has a major role to play in the betterment of society by making a positive contribution to the community. It is a prestigious award to publicly acknowledge and recognize the exemplary endeavors taken up by the corporate for significant contributions towards corporate citizenship.
ABOUT YES BANK
YES BANK, India’s fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment, vision & strategy 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 its organizational character as the Professionals’ Bank of India with the uncompromising Vision of “Building the Best Quality Bank of the World in India by 2020!
For further information, please contact:
YES BANK Limited
Ph.: +91 22 66699153
Ph.: +91 22 67574444