YES BANK awarded with ‘The Strongest Bank Balance Sheet in India’ by the Asian Banker Magazine

Asian Banker Award 4 Yes Bank

Dubai / Mumbai Sep 23rd 2013(Sailesh Gandhi): YES BANK, India’s fourth largest private sector Bank, has been recognized with ‘The Strongest Bank Balance Sheet in India’ by the Asian Banker, Singapore. YES BANK has received this international recognition based on a detailed and transparent scorecard that ranks banks across 6 key parameters which are -Scalability relative to domestic GDP, Balance Sheet Gowth, Prudent Risk Management, Profitability, Asset Quality and Liquidity.

Commenting on this prestigious recognition, Mr. Rana Kapoor, Managing Director & CEO, YES BANK Ltd., said, "We are pleased with this global recognition. This is an extremely significant achievement positioning YES BANK alongside the Best Banks in the Asia Pacific region. Since its inception, YES BANK has demonstrated sustained financial performance on the back of consistent profitability, income generation and finest asset quality. This coveted award is a testament to YES BANK’s holistic knowledge driven focus, which is spearheaded by a fine Top Management team and effective execution of our well defined objectives."

The Asian Banker, earlier awarded YES BANK, ‘The Strongest Bank in India in 2012’ and ‘The Best Managed Bank in India’ for a 3 year period; 2011 – 2013. Additionally, the magazine also recognized Mr. Rana Kapoor with ‘The Asian Banker CEO Leadership Achievement Award’ for India for achievements during the 3-Year period, 2011-2013.