Yes Bank has said that it has been recognized as the ‘Best Social Bank’ (in the mid-sized Bank category) during the ASSOCHAM 12th Annual Banking Summit cum Social Banking Excellence Awards. The award was presented by Shri Arjun Ram Meghwal, Hon’ble Minister of State, Finance, who graced the occasion as the Chief Guest. This prestigious award recognizes financial institutions that have been successful in creating a fundamentally strong and resilient social bank, including recognizing the efforts made by the bank in complying with Priority Sector Lending (PSL) norms and Corporate Social Responsibility (CSR) requirements along with creating new opportunities in SME/MSME lending and social infrastructure segment amongst other social banking and financial inclusion initiatives. Commenting on this achievement, Mr. Rana Kapoor, MD & CEO, YES BANK, said, “At YES BANK, we have innovated and implemented unique, scalable models that have a tangible social impact.
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