Mumbai, August 09, 2016: YES BANK, India’s fifth largest private sector bank, won the prestigious “Best Bank Award” for Cyber Defence among Mid-Sized Banks at the IDRBT Banking Technology Excellence Awards 2016. In its 12th edition this year, the IDRBT Banking Technology Excellence Award was held in Hyderabad to recognize banks in India which innovate and explore technology to improve cost, reach, customer service and efficiency.
YES BANK won this prestigious award for its exemplary contributions and initiatives towards cyber security. YES BANK has implemented ISO 27001:2013 Information Security Management Framework and has a central Security Operations Team for information security function and 24*7 monitoring of all security events. Cyber security campaigns and trainings are undertaken by the Bank for all employees and vendors to create awareness about the information security requirements.
Mr. R. Ravichander, Regional Director (South), YES BANK accepted the award on behalf of YES BANK from Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and Visitor, IDRBT who was present as the Chief Guest. He was joined by Shri R. Gandhi, Deputy Governor, Reserve Bank of India, and Chairman, IDRBT and Dr. A.S. Ramasastri, Director, IDRBT.
Mr. R. Ravichander Regional Director (South), YES BANK receiving the award from Dr. Raghuram Rajan, Governor, Reserve Bank of India
Mr. Rana Kapoor, Managing Director & CEO, YES BANK said, “Adopting digitization and technology is not just about automating business processes! At YES BANK, we constantly refresh our processes to provide enhanced omni-channel customer experience. In this increasingly digitized world, security and protection of customer data is therefore critical. This prestigious recognition by IDRBT highlights YES BANK’s pioneering efforts in driving secure digitization of banking and financial services in India."
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 THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA”.
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