Yes Bank wins ‘Bank of the Year’ award in UK

INVESTyes-bankIndia’s fifth largest private sector bank called Yes Bank has won ‘The Banker’ magazine’s annual Bank of the Year award, regarded as the Oscars for the banking industry.

Arun Agrawal, Yes Bank’s Group President for International Banking and MNC Relationship, who collected the award at a ceremony in London, said as Yes Bank is a fairly young bank at only 11 odd years old, to win this recognition is very prestigious.

Banks from 120 countries are evaluated on a host of parameters including FY 2015 financial figures, performance, technology, innovation, and marketing initiatives.

The Mumbai headquartered bank also plans to expand to Singapore and the Gulf region.