Mumbai, February 28, 2017: YES BANK, India’s fifth-largest private sector bank, has won the award for The Best Technology Bank of the Year in the medium banks category, at the Indian Banks’ Association’s (IBA) Banking Technology Awards 2017, in Mumbai. The aim of the IBA Banking Innovation Awards is to recognize and reward banks, professionals and individuals, who have recorded significant technology and business benefits in the previous year.
As a new generation Bank, YES BANK has deployed ‘Technology’ as a Strategic Business enabler to build distinct competitive advantage and to achieve superior standards of customer service. Since inception,
YES BANK has been actively implementing technology to provide better products and services to its customers. YES BANK has differentiated itself by embracing world-class, state-of-the-art technology.
“We are honored to receive this prestigious recognition. At YES BANK, technology and innovation are mission critical pillars. It is our constant endeavor to digitally transform the banking experience for businesses. The technology architecture and innovative IT Outsourcing structure has enabled YES BANK to achieve high standards of Customer Service for our valuable customers,” says Anup Purohit, Chief Information Officer (CIO), YES BANK.
The Jury Chairman at the IBA Banking Technology Awards 2017 was Padma Vibhushan Dr. Raghunath Mashelkar, and the chief guest was the Reserve Bank of India Deputy Governor Dr. Viral Acharya.
The Indian Banks’ Association’s Banking Technology Awards are most sought after, and have set hitherto unmatched industry standards. The idea is to recognize banks that constantly strive to innovate and stay ahead of competition, deploy the most innovative people, technologies and services.
About YES BANK
YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.
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 28 states and 8 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/
For media queries, please contact: