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Our Bureau

Chennai, March 2

Mr Aditya Puri, Managing Director and CEO of HDFC Bank, has won the `The Asian Banker Leadership Achievement Award 2006 for India', a press release from the bank said. The awards were announced last week at Jakarta, Indonesia, at the Asian Banker summit.

The Citation for Mr Puri said "he had kept his eye on the ball by pursuing growth with quality. In 2006, he also notably achieved the lowest asset impairments, highest cost efficiencies and best quality growth in core deposit generation among all of the Indian banks. His skilled leadership has seen HDFC Bank stay away from irrational pricing strategies pursued throughout 2006 in the Indian market... " The selection was headed by an international jury chaired by Mr William Seidman, former Chairman of the Federal Deposit Insurance Corporation (FDIC) in the United States.

More Stories on : Awards & Honours | Private Banks | People | HDFC Bank Ltd

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