Mumbai, March28, 2018: YES BANK, India’s fourth largest private sector Bank was adjudged the winner in Fastest Growing Mid-sized Bank category at the Business Today Best Bank’s Awards held in association with KPMG in Mumbai recently.
The 22nd edition of the Business Today-KPMG Best Banks study had two categories - Quantitative and the Jury Awards. For the quantitative awards, four categories of banks - large, medium, small and foreign were considered. In each of these, the Best Banks and Fastest Growing Banks were adjudged winners.
The jury included Leo Puri, MD, UTI Asset Management Company; Shailesh Haribhakti, Eminent Chartered Accountant and Independent Director on the board of several companies; Neeraj Swaroop, Former CEO (ASEAN), Standard Chartered Plc.; Venkatachalam Ramaswamy, Regional Managing Director, India & South Asia, FIS, and T.R. Ramachandran, Country Manager, India and South Asia, Visa.
On receiving the honour, Rana Kapoor, Managing Director & CEO, YES BANK, said "This is indeed a true recognition of the Bank’s strength and sustained growth, a fine top management team with exceptionally effective execution across the Bank. YES BANK has demonstrated robust financial performance on the back of strong profitability, sustainable income generation and finest asset quality. The Bank has consistently demonstrated success of its differentiated business model, resulting in superior financial performance across most parameters in the Indian banking industry."
Business Today, led by Mr. Aroon Purie, Editor-in-Chief, is the largest-circulated business fortnightly 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/