Wins top recognition at the world’s most prestigious Banking awards
London, December 3, 2015: YES BANK, India’s 5th largest private sector Bank has been adjudged the “Bank of the Year - India, 2015” at the The Banker Bank of the Year awards 2015 at a ceremony held in London. This is the 16th edition of The Banker Bank of the Year Awards, widely regarded as the Oscars of the Banking Industry.
All Banks were evaluated on a host of parameters including FY 2015 financial figures, performance, technology, innovation and marketing initiatives. The judging was carried out by an editorial committee on the basis of submitted entries, data from The Banker's Top 1000 database and the prevailing market conditions.
YES BANK’s win post the thorough assessment done by The Banker is a testament to the strong management, sound business model and prudent risk approach adopted by the Bank since inception.
Speaking on this recognition, Mr. Rana Kapoor, Managing Director & CEO, YES BANK, said, “Such a significant global recognition from the world’s leading banking publication like The Banker is a strong reinforcement of YES BANK’s robust financial and business model. We remain committed to offering best-in-class Banking services to our esteemed clients with a heightened focus on Digital Technologies as we work towards our vision of Building the Finest Quality Large Bank of the World in India by 2020”.
About the Awards
The Banker “Bank of the Year Awards” is regarded as the Oscars of the Banking Industry.
For 90 years, The Banker has been the world’s leading monthly journal of record for the banking industry. The aim of the awards programme is simple, to highlight industry wide excellence within the global banking community.
The Banker selects one winning bank for each of the 120 countries judges. Over 1,000 applications are collected and judges select winning banks based on which ones they believe have made the most progress over the past 12 months.
About The Banker
The Banker is the world's premier banking and finance resource. Read in over 180 countries around the world. The Banker is the key source of data and analysis for the industry. Its unique database of more than 4000 banks maps their financial strength and soundness via Tier 1 capital, their profitability and their performance versus their peers.
The Banker has been providing global financial intelligence since 1926 and has built a reputation for objective and incisive reporting on major events. Every month the magazine combines in-depth regional and country coverage with reports on capital markets and structured finance, risk management, working capital management and securities services, environmental finance, trade and project finance, trading, technology and management and governance issues.
The Banker's editors travel the world to interview senior bankers and world leaders, giving the magazine a unique insight on global trends.
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 Finest Quality Large Bank of the World in India” by 2020.
For further information, please contact:
Ph.: +91 22 3347 9753, +91 9820813570
Ph.: +91 9820660467