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YES BANK Recognized as India’s Best Corporate/Institutional Digital Bank

Also adjudged Asia Pacific Winner for Best Information Security Initiatives

Mumbai, July 22, 2015: YES BANK has won multiple awards at the Global Finance World’s Best Digital Banks Awards organized by the Global Finance Magazine (headquartered in New York), in the following categories:

  • Country Winner Best Corporate/ Institutional Digital Bank –India
  • Asia Pacific winner in sub category of Best Information Security Initiatives

This is YES BANK’s first victory at the prestigious World’s Best Digital Banks Awards which saw participation from Banks in more than 80 countries across the world. This is the 16th year Global Finance has named the World’s Best Digital Banks.

Speaking about the awards, Mr. Rana Kapoor, Managing Director & CEO, YES BANK said “ YES BANKers are pleased to receive these prestigious recognitions from Global Finance magazine. The Award as India’s Best Digital Bank reinforces YES BANK’s leadership position in the Digital Banking and Payments domain. We continue to offer cutting edge banking and financial solutions to our clients and are steadfastly committed to our vision of Building the Finest Quality Bank of the World in India by 2020.”

YES BANK’s recognition as the Best Corporate/Institutional Digital Bank comes on the back of pioneering initiatives undertaken by YES BANK for its Corporate Customers with a focus on speed, convenience and security.YES BANK has been at the forefront of Information security implementation in India’s Banking industry and has multiple firsts to its credit having introduced new authentication systems including Public Key Infrastructure (PKI) , 2-Factor Authentication and Biometric Authentication.

YES BANK has also deployed a “State of the Art” in house business Analytics tool. This tool redefines the way information is accessed with motto of "Enabling Real Time Information Anytime and Anywhere". This tool facilitates customization of reports based on customer need and makes them available to him via Net Banking platform into White Space.

YES BANK was declared winner based on the criteria of strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, and evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality. Category winners, such as “Best Information Security Initiatives” were selected based on the relative strength and success of those web products and services

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFmag.com — offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

About YES BANK

YES BANK, India’s fourth 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 INDIA’s FINEST QUALITY LARGE BANK”.

For further information, please contact:

YES BANK
Jitesh Patel
Ph.: +91 22 3347 9753, +91 9820813570
Email: jitesh.patel@yesbank.in

Adfactors PR
Jyothi Goswami
Ph.: 9702488388
Email: jyothi@adfactorspr.com

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