YES BANK Wins the Council for Fair Business Practices - Jamnalal Bajaj Award

MUMBAI, April 15, 2013 /PRNewswire/ --

YES BANK, India's fourth largest private sector bank, was awarded the prestigious "Council for Fair Business Practices (CFBP) Jamnalal Bajaj UchitVyavaharPuraskar 2012," in the "Service Enterprises-Large" category at a ceremony held in Mumbai. YES BANK was adjudged winner basis an evaluation of diverse set of parameters covering Customer Satisfaction, Customer Communication, Employee Motivation, Social Conscience, Corporate Social Responsibility and Compliance with Laws.

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Commenting on this significant development, Mr.RanaKapoor, Founder, Managing Director & CEO, YES BANK said, "Trust and Transparency with all our stakeholders have been YES BANK's founding pillars, since inception and is part of our stated Responsible Banking ethos. Strong Processes, Controls and Systems are therefore a major strategic objective and are evangelized through our employees across the rapidly expanding branch network. The CFBP Jamnalal Bajaj Award for Fair Business Practices stands testimony to our relentless pursuit to achieve excellence as the Professionals' Bank of India".

For its commitment of mainstreaming sustainability, YES BANK was recently conferred the prestigious Golden Peacock Global Award for Sustainability,2012 at the London Global Convention; recognized as one of India's "Most Sustainable Companies" by the CII-ITC Sustainability Awards 2012; 'The OKOVISION Sustainability Leadership Award' by OKOWORLD LUX S.A., a leading independent investment company based in Luxembourg & Germany; and The Sustainable Bank of the Year in Asia-Pacific at the Financial Times - IFC Sustainable Finance Awards, 2012.

About CFBP Jamnalal Bajaj Awards

The CFBP was formed in 1966 by leading industrialists including Mr. J. R. D. Tata, Mr. S. P. Godrej, Mr. Ramakrishna Bajaj, Mr.Arvind Mafatlal, Mr. Harish Mahindra and Mr. S. L. Kirloskar to recognize the imperative need for business and industry to regulate itself and function for the benefit of the consumers. The award recognizes and applauds the efforts of businesspersons, business houses and business associations with an exemplary record of practicing and promoting Fair Business Practices. It encourages and motivates businesses to proactively pursue opportunities to fulfill its social responsibilities.

About YES BANK

YES BANK, India's fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment of its Founder, RanaKapoor and his top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India. YES BANK has adopted international best practices in the investment banking as well as merchant banking fields amongst others, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals' Bank of India with the vision of "Building the Best Quality Bank of the World in India" by 2015.

We understand that as a Global Indian, your investment needs are different and as India's new age private sector Bank, our endeavour is to help you make the most of what India has to offer. Keeping up with its commitment of providing Superior and Consistent Banking Experience, YES BANK launches YES Remit - Easy, fast and secured online money transfer option to India. Now, send money to your loved ones back home from the comfort of your home or office.

SOURCE Yes Bank Ltd