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 is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 29 states and 7 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/
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