Dun & Bradstreet India holds 9th edition of Banking Awards 2017

Mumbai, August 21, 2017: Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight ‘Banking Awards 2017’ at Four Seasons Hotel, Mumbai.

Dun & Bradstreet Banking Awards is the most sought after industry awards events that recognizes the contribution of the banking sector to India’s economic development. The awards ceremony felicitates India’s top Scheduled Commercial Banks (SCBs) across various categories for their performance and contribution to the Indian banking industry.

Speaking at the event, Mr. Manish Sinha, Managing Director – India, Dun & Bradstreet said, “We are a decade from the start of the banking and financial crisis. A lot has been written about the crisis, and at Dun & Bradstreet, we have added to the published research with our own analyses. Specifically, we have tried to identify the characteristics that were consistent with the banks who weathered the crisis better than others. We found that there were four characteristics: Strong on Governance, well capitalized, Strategic agility, and Simple banking model executed brilliantly. These themes resonate with the Banking Awards winners tonight. I congratulate all the award winners.”The base universe of the banks considered for the Dun & Bradstreet ‘Banking Awards 2017’ is from among the banks as covered in the ‘Dun & Bradstreet India’s Top Banks 2017’ publication. Dun & Bradstreet’s proprietary quantitative model is based on various parameters such as the size, growth, profitability indicators and other crucial financial aspects was used as the selection parameter. Public sector, Private sector and Foreign banks are identified in each of the following categories for the awards.

The base universe of the banks considered for the Dun & Bradstreet ‘Banking Awards 2017’ is from among the banks as covered in the ‘Dun & Bradstreet India’s Top Banks 2017’ publication. Dun & Bradstreet’s proprietary quantitative model is based on various parameters such as the size, growth, profitability indicators and other crucial financial aspects.

Mr. Harun Rashid Khan, Former Deputy Governor, Reserve Bank of India , Mrs. Zarin Daruwala, Chief Executive Officer - India, Standard Chartered Bank and many Business Heads and other senior management personnel from the BFSI sector graced the event with their esteemed presence.

Winners of Dun & Bradstreet Banking Awards 2017

Sr. No.

Award categories 2017

Final Award Winners

1

Best Public Sector Bank - Rural Reach

State Bank of India

2

Best Private Sector Bank - Rural Reach

ICICI Bank Limited

3

Best Public Sector Bank - Priority Sector Lending (Agriculture)

Canara Bank

4

Best Private Sector Bank - Priority Sector Lending (Agriculture)

The South Indian Bank Limited

5

Best Private Sector Bank - Priority Sector Lending (Excluding Agriculture)

The Lakshmi Vilas Bank Limited

6

Best Public Sector Bank - Global Business

State Bank of India

7

Best Public Sector Bank – Retail

State Bank of India

8

Best Private Sector Bank – Retail

HDFC Bank Limited

9

Best Foreign Bank – Retail

Citibank N.A.

10

Best Public Sector Bank - Digital Banking (Mobility)

State Bank of India

11

Best Public Sector Bank - Digital Banking (Online Transactions)

State Bank of India

12

Best Private Sector Bank - Digital Banking (Mobility)

HDFC Bank Limited

13

Best Private Sector Bank - Digital Banking (Online Transactions)

Kotak Mahindra Bank Limited

14

Best Private Sector Bank - Asset Quality

HDFC Bank Limited

15

Best Foreign Bank - Asset Quality

Citibank N.A.

16

Best Public Sector Bank - Overall

State Bank of India

17

Best Private Sector Bank - Overall

HDFC Bank Limited

18

Best Foreign Bank – Overall

Citibank N.A.

19

High Growth Private Sector Bank

RBL Bank Limited

20

Best Public Sector Bank - Government Scheme Participation (PMJDY)

State Bank of India

21

Best Private Sector Bank - Government Scheme Participation (PMJDY)

IndusInd Bank Limited

22

Best Public Sector Bank - Government Scheme Participation (PMMY)

Punjab National Bank

23

Best Private Sector Bank - Government Scheme Participation (PMMY)

Bandhan Bank Limited

About Dun & Bradstreet (D&B):

Dun & Bradstreet (NYSE: DNB) grows the most valuable relationships in business. By uncovering truth and meaning from data, we connect customers with the prospects, suppliers, clients and partners that matter most, and have since 1841. Nearly ninety percent of the Fortune 500 and companies of every size around the world, rely on our data, insights and analytics.

Customers use D&B Risk Management Solutions to mitigate risk, increase cash flow and drive increased profitability; D&B Sales & Marketing Solutions to manage their master data, analyse markets, locate prospects and increase revenue from new and existing customers; D&B Learning & Economic Insights for solution-oriented analysis of strategic economic and business development, professional training, and cutting edge knowledge forums & conferences.

In 2017, D&B featured on the World’s Most Ethical Companies list in the Business Services category by Ethisphere, for the ninth consecutive year. The World’s Most Ethical Companies designation recognizes companies that truly go beyond making statements about doing business “ethically” and translate those words into action.

For more information, please visit www.dnb.co.in

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