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Friday, 17 June 2016

SBI, Yes Bank, Reliance among winners at The Economic Times 'Best BFSI Brands 2016'

The Economic Times Best BFSI Brand Summit and Awards 2016felicitated the best brands in the BFSI industry for their exemplary initiatives, practices and innovations across the banking and financial services, and the insurance sector. Among the winners were, State Bank of India, Yes Bank, Axis Bank in banking while the likes of ICICI Prudential and Reliance Nippon were a few winners in Asset Management.The
summit was inaugrated by Shashikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance, Govt of India, while other speakers were Manish Sisodia, Deputy CM of Delhi, Amitabh Kant, CEO, NitiAayog and Harish Bijoor, Founder, Harish Bijoor Consultants.

The Economic Times Best BFSI Brands 2016 was a platform to showcase consequence of rapid global economic integration the world of financial business is changing rapidly. The Indian economy has made great strides in recent years and as experts globally agree, it has the potential to do even better. A successful, competitive and well regulated financial sector plays a vital part in that growth and financial organizations, including banks, insurance companies, NBFCs, with support from regulators and policy-makers, are working together in making India the robust economy that the world is eyeing today.

The Best Brand Initiative of The Economic Times commenced in the year 2014 and was backed by thorough research and study conducted through a detailed market research. The brands were selected through an extensive research and audit process in collaboration with MRSS INDIA, the largest independent Market Research Agency in India. Each category were decided based on the industry feedback and each nominee evaluated on the basis of various stringent processes to ensure that only the best brands are recognized. There wasan unveiling of The ET Best BFSI Brands Coffee Table Book which showcased some of the brands felicitated during the evening.

Following is the entire winners list:
Banking  State Bank of India
Banking  Yes Bank
Banking  Axis Bank
Banking  Indusind Bank Limited
Banking  The ShamraoVithal Co-Operative Bank
Asset Management  ICICI Prudential Asset Management Company Ltd
Asset Management  Reliance Nippon Asset Management Company Ltd
Broking  Reliance Securities Limited
NBFC  PNB Housing Finance Limited
NBFC  LIC Housing Finance Limited
NBFC  IL&FS Financial Services
NBFC  Tata Capital Limited
NBFC  Bajaj Capital
Life Insurance  Max Life Insurance Company Limited
Life Insurance  Canara HSBC Oriental Bank of Commerce Life Insurance
General Insurance  National Insurance Corporation Limited
General Insurance  SBI General Insurance Company Limited
General Insurance  Reliance General Insurance Company Limited
Health Insurance  Apollo Munich Health Insurance
Health Insurance  Max Bupa Health Insuance
Micro Finance  MFIN

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