HDFC Bank

Finance Asia, a leading magazine and website in the Asian markets, has recognized HDFC Bank as ‘Best Bank in India’ for “maintaining an impressive growth trajectory and strong asset quality” at the recent #FinanceAsia Country Awards for Achievement 2019. Finance Asia annual Country Awards for Achievement recognizes various outperforming banks from countries in the #AsiaPacific region. The magazine takes into consideration a bank’s performance, vision, and long-term strategy before conferring them with the #award. In its editorial on the awards, FinanceAsia writes, “HDFC’s proven ability to balance growth with adequate controls is one of the main reasons why investors continue to rate the bank in the face of an aggressive expansion strategy. For the #bank is using its highly regarded digital platform as a #springboard to accelerate customer acquisition and production penetration.” #HDFCBank #Awards #FinanceAsia #AsiaPacific #award #bank #springboard #HDFCBank #Awards

HDFC Bank has won top honours at the 11th BW Businessworld-PwC Best Banks’ (2019) Survey. The #Bank was recognized for its #performance as the #Best Large Bank and Runner up for #Fastest #Growing Large Bank. The BW-PwC survey shortlists banks based on their #financial performance over a three year period under four major dimensions – growth, size, #sustainability of operations and risk. A team of venerated Jury members review the data gathered and elect the winners. Businessworld Magna award for Best Large Bank was accepted on behalf of the bank by Mr Kaizad Bharucha, Executive Director, HDFC Bank, from the jury member Ms Anjali Bansal, Non – Executive Chairperson, Dena Bank, and Founder, Avaana Capital. Businessworld Magna award for Fastest Growing Large Bank was accepted on behalf of the bank by Mr Bhavesh Zaveri, Country Head – Operations and Technology, HDFC Bank, from the jury member Ms Anjali Bansal, Non – Executive Chairperson, Dena Bank, and Founder, Avaana Capital. We thank the Jury for recognizing the Bank! Read more here: bit.ly/HDFCBBWM #Businessworld #HDFCBank #Awards #Bank #performance #Best #Fastest #Growing #financial #sustainability #Businessworld #HDFCBank #Awards

HDFC Bank was felicitated with top honors at the 1st edition of the Governance Now #BFSI #Awards 2019, winning awards for the Digital Bank and the Tech Trendsetter. The award for Digital Bank was presented by Mr S.S. Mundra, Former Deputy Governor, RBI to Ms Asmita Gada, Head, IT Governance, HDFC Bank, and Mr Deepak Shinde, Head, Government & Payments Business, HDFC Bank. The award for Tech Trendsetter was presented by Mr S.S. Mundra, Former Deputy Governor, RBI to Mr Parag Rao, Country Head – Card Payment Products, Merchant Acquiring Services, and Marketing, HDFC Bank Read more here: bit.ly/HDFCBGN #IndiaBankingReforms #BFSI #Awards #IndiaBankingReforms

HDFC Bank has been awarded the Best Performing Private Bank by Pension Fund Regulatory and Development Authority (PFRDA) for increasing pension coverage during FY 18-19 under the National Pension System. NPS is a pension cum investment scheme, launched by the Government of India that provides financial security to Indians, bringing an attractive long-term savings avenue to effectively plan retirement through the safe and regulated market-based returns. The award was accepted by Mr. Ashey Aggarwal, Head, Inclusive Banking; and other senior members of the HDFC Bank team, from Mr. Supratim Bandopadhyay, Whole-Time Board Member (Finance), @PFRDA; and Mr. Mono Phukon, General Manager, PFRDA The Bank enrolled over 33,000 subscribers (225% increase over FY 17-18) in the NPS Scheme, in FY 18-19. This recognition is a testament to HDFC Bank's commitment to providing financial security to all citizens of India and corporate employees through the National Pension System (NPS).

#AdityaPuri was recognized for the transformative initiatives undertaken by HDFC Bank under his leadership, in his address to the gathering he stated, “Our mantra of #Parivartan is aimed at transformation & progress for the underserved. I’m truly honoured and humbled to receive this award.” Under Mr. Puri’s leadership, HDFC Bank has made a difference in the lives of close to 4 crore Indians. This is done through Parivartan, the umbrella for all #social initiatives. A flagship programme is the Teach-The-Teacher programme, through which the bank has trained over 14 lakh teachers across 18 states, indirectly benefitting close to 1.6 crore students. The Bank is one of the largest spenders of #CSR in the country with an expenditure of Rs 440 crore in the last financial year. Over 600 of New York’s most influential corporate leaders, entrepreneurs, CEOs, philanthropists, and community leaders attended the Gala, raising nearly $3 million. The committee also recognized Michael Dell, CEO, #Dell for steering his leadership towards education. #AIFNYC2019 #AdityaPuri #Parivartan #social #CSR #Dell #AIFNYC2019

HDFC Bank is proud to have been voted as the No. 1 Bank among all Asian Banks in two categories in the Euromoney Trade Finance Survey 2019. The categories are 'Best Service’ and ‘Market Leaders’. According to Euromoney/Euromoney classifies, a service provider with the greatest market share globally, by region and by country is designated a ‘Market Leader’. Clients are asked to assess quality of service delivered by their providers. Those receiving top assessments globally, within several categories and provisions of service earn a ‘Best Service’ award. More than 7,000 Corporates, Treasury professionals across 89 countries voted in the Euromoney Trade Finance Survey 2019. The publication invites Corporates and Treasury Professionals across the world to participate in the survey on Trade Finance services, and nominate their top service providers. “It’s a moment of great pride for all of us at HDFC Bank. The customer is at the centre of everything we do. This achievement is a testimony to our continued focus on understanding and addressing the needs of our customers,” said Mr. Bhavesh Zaveri, Country Head – Operations & Technology, HDFC Bank.

We are happy to announce that HDFC Bank has been adjudged as the ‘Best Digital Bank’ in India at the Asiamoney Best Bank Awards 2019. The awards recognised the bank’s digital expertise, initiatives and its need to provide the best services for the customers. The bank’s journey to become a digital banking forerunner began in 2014, with the launch of its ‘Bank Aapki Muthhi Mein’ campaign from the banks of the Ganges. Since then it has gone on to launch many customer favourites such as the 10-second Personal Loan, Custom-Fit Auto Loans, Digital Loan Against Securities, Digital Loan Against Mutual Funds, and PayZapp. The bank has leveraged latest technologies such as artificial intelligence (AI), machine learning, chatbots and the Internet of Things, in its digital banking services. In order to stay future-ready, platforms such as the annual Digital Innovation Summit – where start-ups can showcase innovative solutions to the bank were launched. The award jury consisted of a team of senior journalists, chaired by Euromoney’s editor which reviewed detailed submissions from participants and unanimously identified HDFC Bank as the best provider of digital banking services in India. Asia Money said, “Over the last two years, under the leadership of longstanding managing director Aditya Puri, HDFC has become a genuine digital force.” They also appreciated the Bank’s ability to understand their customer’s needs and its work toward achieving those goals.

It was indeed a night of celebration for HDFC Bank at the 17th Outlook Money Awards 2019 in Mumbai, where we were awarded the ‘Best Private Sector Bank.’ The ‘Gold’ Award was presented by the Honourable Chief Guest, Shri Nitin Gadkari, Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, Government of India to Mr. Arvind Vohra, Country Head – Retail Branch Banking, HDFC Bank.

The year 2019 has added yet another moment of joy for everyone at HDFC Bank, with Mr. Aditya Puri, Managing Director, HDFC Bank Ltd., receiving the prestigious AIMA-JRD Tata Corporate Leadership Award at the All India Management Association’s 63rd Foundation Day celebrations in New Delhi on 21st February. Mr. Hardeep Singh Puri, Minister of State (I/C) for Housing and Urban Affairs, Government of India, conferred Mr. Puri with the award. The decision was unanimously made by the jury and the Board’s chairman, Mr. Nandan Nilekani. The corporate leadership award is annually conferred on distinguished and eminent personalities, who have made outstanding contributions to the corporate world and professional management. It is also recognized as one of the most coveted awards in India. It carries a Rolling Trophy, a citation and a cash component of Rs. 2 lakhs. AIMA, in its quote, highlighted Mr. Puri’s exceptional leadership qualities, accomplishments, and tactics with which he contributed to the Bank’s growth. Today, HDFC Bank is a world-class Indian bank and has been recognized as one of the most valued brands in India for the fifth consecutive year. Upon receiving the award, Mr. Puri shared his thoughts on growth prospects for India, the importance of giving back to society and innovation as a disruption for the financial sector.