Top Story


Home >> Media – Print >> Article

Business Today reckons HDFC Bank as India’s best bank

Font Size   16
Business Today reckons HDFC Bank as India’s best bank

The Business Today Best Bank Awards were presented in Mumbai yesterday. HDFC Bank has won the India’s Best Bank Award 2004. State Bank of India was reckoned as India’s Biggest Bank – the main parameters being the size of deposits and average working funds, while Citibank NA was honoured as the Most Productive Bank considering the income the bank generates and business per employee.

According to an official communiqué, the business fortnightly recognised HSBC as India’s Safest Bank. The two broad parameters being capital adequacy ratio and loan loss cover. Recognising the most efficient player in the market, the organisers chose HDFC Bank as India’s Most Efficient Bank or the Best Bank. To win this award, HDFC Bank portrayed itself as an aggressive seeker of growth, keeping its costs low and profits high. Kamal Nath, Minister for Commerce and Industry, the Chief Guest for the evening gave away the awards.

The winners were put through a rigorous KPMG methodology to make the final cut. The evening also saw the release of Business Today’s special issue on India’s Best Banks. Felicitating the country’s Best Banks, as revealed by the Business Today- KPMG study, India’s top bankers gathered with bigwigs of India Inc at the venue.

Sanjoy Narayan, Editor, Business Today, was quoted as saying, “The awards are based on the rigorous survey of best banks that we do every year. We hope the survey, which covered 86 banks this year and ranked them in order of efficiency, will spur more competition among banks”.


Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Launches third phase of TVC campaign ‘Think it. Done’

Based in Mumbai, Usha has nearly two decades of experience in the Indian media and entertainment sector and will serve as a strategic advisor to H+K’s diverse portfolio of clients with a special empha...

Report based on media channel data in 96 countries and detailed findings from the world‘s key ad markets, which between them account for approximately two-thirds of the value of global advertising tra...