Current Affairs PDF

FE Best Banks Awards – SBI bags best Nationalised Bank award

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

FE Best Banks Awards 2015-16, ceremony took place in Mumbai on December 9, 2017. FE Best Banks Awards are considered as India’s most coveted banking awards

About FE Best Bank Awards:

  • FE Best Bank Awards were launched in February 1997.
  • These awards are presented annually to banks that have delivered outstanding performance on various parameters including growth, profitability and soundness.
  • Winners of these awards are decided on basis of FE Best Bank Survey.
  • FE Best Bank Survey is an annual survey conducted by Financial Express (business newspaper) with Ernst & Young as the knowledge partner.

Highlights of FE Best Banks Awards 2015-16, Ceremony:

Nitin Gadkari, Union Minister for Shipping, Road Transport & Highways, Water Resources, River Development and Ganga Rejuvenation was the Chief Guest for this award ceremony.
FE Best Bank Awards

  • The opening note at the ceremony was given by Managing Editor of Financial Express, Sunil Jain, while Viveck Goenka, Chairman & Managing Director of The Express Group delivered the welcome address. The welcome address was followed by a discussion.
  • Renowned bankers including Uday Kotak, Executive Vice-Chairman & Managing Director of Kotak Mahindra Bank and Arundhati Bhattacharya, ex-Chairperson of State Bank of India (SBI) participated in this discussion. The discussion was followed by FE India’s Best Banks Awards presentation.

Winners of FE Best Banks Awards 2015-16:

CategoryWinner
Best Nationalised BankState Bank of India (SBI)
Best Old Private Sector BankCity Union Bank
Best New Private Sector BankHDFC Bank
Lifetime Achievement AwardUday Kotak
Banker of the YearArundhati Bhattacharya
Special Initiative AwardShriram Transport Finance
Best FintechPolicybazaar.com
Best FintechJuspay Technologies
Best Non- Banking Financial InstitutionUjjivan Financial Services
Best Mobile Banking ApplicationICICI Bank
Best Savings Bank ProductKotak Mahindra Bank