MR. RANA KAPOOR ADJUDGED AS THE ‘ENTREPRENEUR OF THE YEAR 2016’

New Delhi, August 24, 2016: Mr. Rana Kapoor, Managing Director & CEO, YES BANK and Chairman, YES Institute has been adjudged as the ‘Entrepreneur of the Year 2016’ by Entrepreneur Magazine, at the 6th Annual Entrepreneur India 2016 Convention. The award recognizes Mr. Kapoor’s significant entrepreneurial achievements and coincides with the 12th anniversary of YES BANK’s commercial operations.

On receiving the important recognition, Mr. Rana Kapoor said, “India’s new age Entrepreneurial Economy is characterized by D.I.C.E. – Design, Innovation and Creativity – led Entrepreneurship. I am confident that with the right mix of innovative ideas, access to risk capital and large consumption demand, India is well positioned to emerge as the global hub for entrepreneurship & innovation.”

Award presented to Mr. Rana Kapoor by Entrepreneur Magazine

“It is an honor be adjudged the ‘Entrepreneur of the Year’ by Entrepreneur Magazine; such awards will further motivate us as we continue to become a strong Digital & Innovation driven bank with an uncompromising vision of Building the Finest Quality Bank of the World in India by 2020,” Mr. Rana Kapoor added.

As a professional entrepreneur, since 2003, Mr. Kapoor is progressively establishing a high quality, state-of-the-art private Indian Bank with a vision of ‘Building the Best Quality Bank of the World in India’ by 2020. Under his leadership, YES BANK has steadily evolved as the ‘Professionals’ Bank of India’ with exemplary business and financial outcomes as evidenced in the financial results since inception, with highest RoA/RoE, and the best asset quality amongst leading Public and Private Banks in India.

Mr. Kapoor was recently felicitated as ‘The Leading Banker of the Decade’ by The Indian Chamber of Commerce (ICC). In May 2016, he was recognized by the London Business School, India Business Forum for Exemplary Contribution to Innovation and Entrepreneurship, he was also adjudged the CEO of the Year at the Legal Era Awards. He was also felicitated by the Indian Institute of Technology, Mumbai for his exemplary contribution to fostering Entrepreneurship in India and by the Indian Institute of Management Kozhikode for his Exemplary Contribution to Financial Services.

About YES BANK

YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.

YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Quality Bank of the World in India by 2020”.

Source: Yes Bank

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