Awards: Why HDFC, Axis and Citi were winners in India

The rundown of FinanceAsia's Country Awards winners continues with India, where Axis Bank and Axis Capital, Edelweiss Finance and ICICI Securities were also winners.

We are setting out the rationale for the choices made in our Country Awards for India, Indonesia, Laos, Kazakhstan, Malaysia, Mongolia, Myanmar, Pakistan and the Philippines.

Atanu Chakraborty has tendered his resignation from the Indian bank as the central bank looks to reassure investors.

In 2022, UOB agreed to acquire Citi’s Vietnam business as part of a larger deal that also includes Malaysia, Thailand and Indonesia. Meanwhile, the bank’s India consumer business will transfer to domestic lender, Axis Bank.

We are pleased to announce the winners of our annual Country Banking Achievement Awards. Day Two covers India, Indonesia, Korea, Malaysia, Mongolia, Pakistan and the Philippines.

The rationale behind the decisions taken by our judges in the awards for India, Indonesia, Korea, Malaysia, Mongolia, Myanmar, Pakistan and the Philippines.