Mumbai, August 27, 2014:YES BANK, India’s fourth largest private sector bank, has been awarded the ‘Best Asset Quality’ award in the private sector category at Dun & Bradstreet’s Banking Awards 2014 held on August 27.
YES BANK was awarded the ‘Best Asset Quality’ bank in the private sector on the basis of its NPA ratio which has been among the best in the industry..
On receiving this recognition, Mr. Rana Kapoor, MD and CEO, YES BANK, said, “It is a matter of immense institutional pride to have been awarded this recognition by Dun & Bradstreet. YES BANK has maintained its best-in-class Asset Quality over the years in spite of the severe economic downturn. This has been possible due to a proactive and robust risk management model employed by the Bank. With this, our efforts are rejuvenated towards realizing our vision of being the “Best Quality Bank of the World by 2020.”
YES BANK has received multiple national and international awards from prestigious media publications as well as advisory houses for its Asset Quality and Risk Management including “The Strongest Bank Balance Sheet in India” by The Asian Banker Magazine, 2013.
About Dun & Bradstreet
The Dun & Bradstreet Corporation is the world's leading source of commercial data, analytics and insight on businesses, or "content." Their global commercial database contains more than 235 million business records. They transform commercial data into valuable insight which is the foundation of their global solutions that customers rely on to make critical business decisions.
ABOUT YES BANK
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 commercial banking clients. YES BANK is steadily evolving its HR character as the Professionals’ Bank of India, with the unrelenting vision of “Building the Best Quality Bank of the World in India” by 2020.
For further information, please contact:
Krunal A Mehta