HDFC Bank wins award for business excellence

HDFC Bank CEO/GM Palitha Gamage receives award at National Business Excellence Awards 2021

HDFC Bank, a leader in housing development finance, has won the Merit award (banking sector) at National Business Excellence Awards 2021. 

This prestigious event was organised by the National Chamber of Commerce of Sri Lanka. It is held annually to recognise business enterprises that have demonstrated excellence under various criteria. 

The evaluation criteria for the awards were excellence in the following areas: strategy and leadership, corporate governance and strategy, capacity building, performance management, local and global market reach, corporate social responsibility and environmental sustainability and business and financial results. 

HDFC Bank Chairperson Wasanthi Manchanayake thanked the staff, customers and other stakeholders for helping them win this award. She said the bank would continue to earn such accolades due to its vibrant corporate culture. She added that a positive attitude permeates all levels of the organisation, which has effective processes covering everything from administration to IT and customer service.     

HDFC Bank General Manager/CEO Palitha Gamage said their success is due to a visionary strategy, a strong leadership based on their state-private partnership and a dynamic workforce. He noted that these factors enabled the bank to achieve an impressive financial performance in 2021, despite the COVID-19 pandemic and stiff competition from larger banks. 

HDFC Bank’s core business is providing home loans for low and middle-income people in Sri Lanka. In addition to housing finance, the bank is involved in leasing, deposits, business loans, education loans and pawning. It caters to a range of people with different financial requirements, including professionals, state sector employees, pensioners and SME entrepreneurs.

At present, HDFC Bank offers a diverse array of loan and savings products. These are delivered through its extensive branch network throughout the country.