HDFC
Bank wins 'India's best bank award' for 2004
Our
Banking Bureau
21 December 2004
Mumbai:
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.
Prize
winners in other categories were:
The
winners were put through a rigorous KPMG methodology
to make the final cut.
The
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
best banks.
Business
Today editor Sanjoy Narayan said: "We hope
the survey — which covered 86 banks this year —
will spur more competition among banks".
List
of reports on HDFC Bank
