THE BANKING AND financial services industry (BFSI) was in robust health in 2022-23. This is the backdrop in which the Business Today-KPMG jury met to pick the winners in the banking and non-banking financial companies (NBFCs) categories for 2022-23. It covered quantitative metrics as well as qualitative inputs to assess the performance.
The exercise took about six months, with KPMG, the knowledge partner, ensuring robust evaluations. This year’s survey marked a significant addition of large NBFCs. KPMG reached out to more than 50 banks, 100 NBFCs, and fintech companies.
A high-powered jury, led by Anand Sinha, former Deputy Governor of the Reserve Bank of India; and comprising NSE MD & CEO Ashishkumar Chauhan; Pallav Mohapatra, MD & CEO of asset reconstruction company ARCIL; Rajiv Kaul, Executive Vice Chairman & CEO of business services company CMS Info Systems; Ranu Vohra, Co-founder & Executive Vice Chairman of financial services firm Avendus; and N.S. Kannan, former ED of ICICI Bank.
Discussions for the Bank of the Year award proved challenging, with HDFC Bank and ICICI Bank emerging as front-runners. After carefully considering the strengths and challenges both lenders faced, the jury voted for a joint award. But elsewhere, the decision was unanimous. This was in bestowing the Lifetime Achievement Award upon Uday Kotak, Founder and Director of Kotak Mahindra Bank. In all, the jury decided 11 winners in 10 award categories. There are also six winners based on a quantitative study.
QUANTITATIVE AWARDS
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky
