HDFC Bank has bagged the award of Asian Banker’s Best Retail Bank in India 2008 for the second consecutive year beating competitors in Asia Pacific, Gulf Cooperation Council and Central Asia on a range of parameters.
The parameters included were perception among peers and in the marketplace, annual financial performance, sustainability and transparency in strategy, ethics, sales capability, risk management, processes, technology and efficiency etc.
HDFC Bank scored high on risk management, sales capability and people skills.
The Asian Banker’s Excellence in Retail financial Services award is one of Asia’s most prestigious banking industry awards is held in high regard by the financial services sector.
These awards acknowledge banks that have been simplifying their processes and launching innovative products.