HDFC Bank has been recognized for excellence in the Asiamoney Asia Private Banking Awards 2021. The bank has been adjudged Best for Wealth Transfer / Succession Planning category in India in Asiamoney Asia Private Banking Awards 2021. Asiamoney wrote in the citation: ‘With a motto like ‘We Understand Your World’, the pressure is on a bank to deliver, particularly during a once-in-a-century crisis. In 2020, HDFC Bank managed to do just that and more. Yet even after the 58% increase in assets under management HDFC Bank pulled off over the last year, private banking and investment banking group head Rakesh Singh is circumspect. That’s particularly so of how digitally ready his unit was as covid upended 2020.”
