HT Bureau
GUWAHATI, Aug 26: HDFC Bank won 3 prestigious awards at the Asiamoney Best Bank Awards 2022 under the ‘Best Domestic Corporate Bank’, ‘Best Bank for SMEs’, and ‘Best Bank for Diversity & Inclusion’ categories.
The magazine said on its website, “HDFC Bank is India’s largest private-sector lender by assets. It has the scale, processes, expertise, and vision to meet the needs of its 70 million-plus customers. Those strengths came in handy when the pandemic roiled markets. Size doesn’t get in the way of HDFC Bank’s efficiency, as is clear from its overall gross non-performing assets ratio, which fell to 1.17% by March from 1.32% a year earlier.”
The Annual Best Banks survey of the financial magazine based in Hong Kong aims to identify which banks in each market have excelled across a range of core banking activities over the past 12 months. Asiamoney’s award decisions were made by a team of senior journalists after receiving detailed submissions from market participants and in conjunction with research into the banking and capital markets by their editorial committee. Their senior editors also visited each country or territory to meet leading bankers and gather client and competitor feedback.