Press Release

Second Best Bank Award in FE Best Banks 2008 Survey

We are very proud to inform that The Financial Express in its Survey on INDIA’S BEST BANKS-2008 has ranked our Bank as No: 2 among all the Old Private Sector Banks in India. The Ernst & Young is the knowledge partner to Financial Express in selecting the India’s Best Banks-2008 (Last year our Bank has been ranked No: 4 among all the Old Private Sector Banks in India).

The Financial Express has awarded the Ranks individually for the category of Nationalized Banks, Old Private Sector Banks, New Private Sector Banks and Foreign Banks. The Segment-wise leader Banks have been selected by the FE based on the following important parameters viz: Profitability (Our Rank: 2), Efficiency (Our Rank: 3), Credit Quality (Our Rank: 3), Strength & Soundness (Our Rank: 4), Growth (Our Rank: 9) - Overall Final Rank: 2.