FE presents India's Best Banks Awards 2009

Written by: Super Admin
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New Delhi, Sep 1: The Financial Express newspaper presented its Tenth India's Best Bank Awards 2009 in 12 categories. These banks are selected on basis of growth, profitability, credit quality and strength over the past fiscal year.

The Best Bank awards were presented to the Top Two among each of the following categories:

Public Sector Bank - Indian Bank and Bank of India

Old Private Sector Bank - South Indian Bank and Tamilnad Mercantile Bank

New Private Sector Bank - Axis Bank and HDFC Bank (HDB)

Foreign Bank - Bank of America (BAC) and Citibank (C)

Growth - Deutsche Bank (DB)

Profitability - Standard Chartered Bank

Credit Quality - Union Bank

Soundness - HDFC Bank

Efficiency - Bank of America

The country's top bankers were also presented awards. The Best Bankers awards were given in three categories:

Lifetime Achievement Award - KV Kamat, MD & CEO, ICICI Bank (IBN)

Banker of the Year - OP Bhatt, Chairman, State Bank Of India

Most Innovative Banker - Aditya Puri, MD & CEO HDFC Bank (HDB)

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