2. Bank of Baroda
Awarded for: 1) Best Public Sector Bank and 2) Global Business Development - Public Sector
Bank of Baroda (BoB) is the highest profit-making public sector undertaking (PSU) bank in India and the second largest PSU bank in terms of number of total business in India. With a total asset of Rs.3.56 Lakh Crores, BoB is India's first largest public sector lender in terms of annual profit. BoB is also ranked 715th on Forbes Global 2000 list. BoB was founded by The Maharaja of Baroda, H. H. Sir Sayajirao Gaekwad III, a Knight of Maratha Kingdom on 20th July 1908 in the Princely State of Baroda, in Gujrat.
3. Standard Chartered Bank
Awarded for: 1) Best Foreign Bank, 2) SME Financing - Foreign Bank and 3) Asset Quality Foreign Bank
Standard Chartered is a holding company, which operates globally and is principally engaged in the business of retail and commercial banking and the provision of other financial services. The bank opened its first branch in a foreign country that is India, at Kolkata, on 12 April 1858.
The Company operates in two business segments: Consumer Banking - which meets the needs of private, small and medium-sized enterprises (SMEs), priority and personal banking customers across its franchise and Wholesale Banking - which includes lending and portfolio management; transaction banking, including trade and cash management and custody.
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