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
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Sr. No.
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Award categories 2017
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Final Award Winners
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1
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Best Public Sector Bank - Rural Reach
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State Bank of India
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2
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Best Private Sector Bank - Rural Reach
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ICICI Bank Limited
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3
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Best Public Sector Bank - Priority Sector Lending (Agriculture)
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Canara Bank
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4
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Best Private Sector Bank - Priority Sector Lending (Agriculture)
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The South Indian Bank Limited
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5
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Best Private Sector Bank - Priority Sector Lending (Excluding Agriculture)
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The Lakshmi Vilas Bank Limited
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6
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Best Public Sector Bank - Global Business
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State Bank of India
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7
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Best Public Sector Bank – Retail
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State Bank of India
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8
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Best Private Sector Bank – Retail
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HDFC Bank Limited
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9
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Best Foreign Bank – Retail
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Citibank N.A.
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10
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Best Public Sector Bank - Digital Banking (Mobility)
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State Bank of India
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11
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Best Public Sector Bank - Digital Banking (Online Transactions)
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State Bank of India
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12
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Best Private Sector Bank - Digital Banking (Mobility)
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HDFC Bank Limited
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13
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Best Private Sector Bank - Digital Banking (Online Transactions)
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Kotak Mahindra Bank Limited
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14
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Best Private Sector Bank - Asset Quality
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HDFC Bank Limited
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15
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Best Foreign Bank - Asset Quality
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Citibank N.A.
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16
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Best Public Sector Bank - Overall
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State Bank of India
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17
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Best Private Sector Bank - Overall
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HDFC Bank Limited
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18
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Best Foreign Bank – Overall
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Citibank N.A.
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19
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High Growth Private Sector Bank
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RBL Bank Limited
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20
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Best Public Sector Bank - Government Scheme Participation (PMJDY)
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State Bank of India
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21
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Best Private Sector Bank - Government Scheme Participation (PMJDY)
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IndusInd Bank Limited
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22
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Best Public Sector Bank - Government Scheme Participation (PMMY)
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Punjab National Bank
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23
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Best Private Sector Bank - Government Scheme Participation (PMMY)
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Bandhan Bank Limited
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About Dun & Bradstreet (D&B):
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