It takes a lot to win an FE Best Banks Award

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Competition for the coveted FE Best Banks Awards seems to get keener with each passing year. Competition for the coveted FE Best Banks Awards seems to get keener with each passing year.
SummaryCompetition for the coveted FE Best Banks Awards seems to get keener with each passing year.

be a stiff competitor. “It is a great honour to receive the Best Banks award from FE for three consecutive years now. The credit goes to the staff and loyal customers of the bank,” K Venkataraman, MD & CEO, Karur Vysya Bank, says.

Among the criteria that knowledge partner Ernst &Young put banks through for 2010-11, are strength and soundness, growth, efficiency, profitability and credit quality. While Yes bank has won the award for growth, Standard Chartered Bank had been judged the most profitable bank. Deutsche Bank has been judged the winner for both efficiency and credit quality while the award for strength and soundness has gone to HDFC Bank. The FE Best Banks awards have always lauded banks that excel in attributes otherwise difficult to maintain. The tradition continues.

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