How We Did It
Business Today|March 21, 2021
The methodology behind the BT-KPMG Best Banks Survey 2020
TEAM BT AND KPMG
How We Did It

The Jury (from left): Chet Kamat, MD & CEO, Oracle Financial Services Software; N. Sivaraman, MD & Group CEO, ICRA Ratings; Shailesh Haribhakti, Independent Director & Chartered Accountant; Ranu Vohra, Co-founder & Executive Vice Chairman, Avendus Capital; Gunit Chadha, Former CEO, Asia-Pacific region, Deutsche Bank AG & Founder, APAC Financial Services

2019/20 was coming to a close, India went in for a severe lockdown. Banks had to test their business continuity plans as the pandemic was globally spreading from China to Europe and the US to Asia. The immediate strategy was to raise capital, initiate a stress test of portfolio and help customers. In a challenging work-from-home environment, Business Today-KPMG started the annual survey of picking the best banks and fintechs. The six-month long process started with knowledge partner KPMG studying annual reports and inviting self-nomination from banks, Small Finance Banks (SFBs) and fintechs for quantitative and qualitative analysis.

New features were introduced in the study. For the first time, the study included SFBs for both quantitative analysis and qualitative factors. Banks’ qualitative awards were expanded from Best in Innovation and Fintech Engagement to Best in Talent & Workforce and Best in Enterprise Resilience. A special recognition—Lifetime Achievement Award was also introduced. In the Fintech category, lending Fintechs have not been rated this year due to the pandemic impact and insufficient data in the public domain regarding the financial performance, asset quality and liquidity levels. The Best in Financial inclusion category is now subsumed in the previous category of SFBs, whose objective is to achieve financial inclusion.

Denne historien er fra March 21, 2021-utgaven av Business Today.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra March 21, 2021-utgaven av Business Today.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS TODAYSe alt
TRUMP'S TRADE TANGO
Business Today India

TRUMP'S TRADE TANGO

The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?

time-read
9 mins  |
December 08, 2024
"The essence of the Trump administration will be transactional”
Business Today India

"The essence of the Trump administration will be transactional”

Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more

time-read
10 mins  |
December 08, 2024
MEDIA Juggernaut
Business Today India

MEDIA Juggernaut

THE JOINT VENTURE BETWEEN RELIANCE INDUSTRIES AND DISNEY CREATES AN ENTITY THAT OWNS MORE THAN 100 TV CHANNELS AND WILL HOLD A MONOPOLY ON CRICKET BROADCASTS, POSITIONING IT TO NEGOTIATE AGGRESSIVELY WITH ADVERTISERS

time-read
10+ mins  |
December 08, 2024
'Gap between haves and havenots is narrowing"
Business Today India

'Gap between haves and havenots is narrowing"

Tanvee Gupta Jain, Chief India Economist of UBS Securities India, on India's consumption story and the risks to the Indian economy

time-read
4 mins  |
December 08, 2024
Rural Hope, Urban Fears
Business Today India

Rural Hope, Urban Fears

Industry enthused by signs of a revival in rural demand, but fresh concerns emerge over urban consumption

time-read
3 mins  |
December 08, 2024
CRASH LANDING
Business Today India

CRASH LANDING

The Supreme Court's order to liquidate Jet Airways, after prolonged insolvency proceedings, brings the focus back on the actual effectiveness of IBC

time-read
3 mins  |
December 08, 2024
Indictment and its Aftermath
Business Today India

Indictment and its Aftermath

US prosecutors' decision to press charges against Gautam Adani and others in a case of alleged bribery could hit the group's ambitious expansion plans

time-read
3 mins  |
December 08, 2024
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 mins  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024