Bank wins 'India's best bank award' for 2004
21 December 2004
HDFC Bank has won the Business Today 'best bank
award' for 2004, on being judged the most efficient
player in the industry. To win this award, a bank must
not only be an aggressive seeker of growth, but also
keep its costs low and profits high. The Business
Today best bank awards 2004, in association with
Antiquity, were presented at a ceremony at Mumbai's
Taj Land's End Hotel today.
winners in other categories were:
winners were put through a rigorous KPMG methodology
to make the final cut.
evening also saw the release of Business Today's
special issue on India's best banks, by union minister
for commerce and industry, Kamal Nath who also
gave away the awards and India Today group
editor-in-chief Aroon Purie. India's top bankers and
heads of India Inc were present to felicitate the country's
Today editor Sanjoy Narayan said: "We hope
the survey which covered 86 banks this year
will spur more competition among banks".
of reports on HDFC Bank