ABOUT

The FE best Banks awards have always honoured the country’s best lending institutions. The winners, across categories such as banks, Non Banking Financial Companies, Small Finance Banks and Fintechs, are all selected by an independent jury.

The jury is supported by information collated and checked by EY, which is based on three years of Reserve Bank of India data. In addition to financial metrics, other parameters such corporate governance and are also taken into consideration. Apart from awards for the leaders in the various sectors, the jury also selects the country’s best digital lenders and the best banking products.

The awards have emerged as the highest award of banking excellence in the country.

FE India’s Best Banks Survey

The Financial Express releases the Best Banks survey annually with Ernst & Young as the knowledge partner.

The methodology adopted is rigorous and based on extensive crunching of RBI data by EnY. The survey ranks banks on various parameters including growth, profitability, strength & soundness amongst others. The survey also categorizes banks as public sector, old private sector, new privets sector and foreign banks.

Along with rankings the magazine features the profiles of CEOs / MDs of the winning banks. The magazine is published every year in March.

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AWARD CATEGORIES

Lifetime Achievement Award

Banker Of The Year

Best Non-Banking Finance Company

Best Public Sector Bank

Best Private Sector Bank

Best Foreign Bank

Digital Bank of the Year

FINTECH - Lending

FINTECH- Insurance

FINTECH- Regulatory Tech

FINTECH - Payments

Event Partners

IRB Infrastructure Developers Ltd (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in Roads and Highways segment. Backed by the global marquee investors like, the Cintra N.E. (A Ferrovial Group Company) and the GIC (Sovereign Wealth Fund of the Govt. of Singapore), today, IRB Infra is the largest integrated private toll roads and highways infrastructure developer in India, with an asset base of approx. Rs.80,000 Crs. in 12 Indian States across parent Company and two Infrastructure Investment Trusts (InvITs). The Company has proven strong track record of constructing, tolling, operating, and maintaining around 19,000 lane Kms pan India in its existence of more than 25 years in India; of which 15,500 Lane Kms are under operations at present. The group commands a market share of around 33% in the Toll-Operate-Transfer (TOT) space. It also comprises 12% share in India’s North South highway connectivity and around 14% in India’s prestigious Golden Quadrilateral Highway Project. After successfully completing 13 Concessions and handing over them back to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 26 road projects that include 18 BOT, 4 TOT, and 4 HAM projects. The Company has also acquired ISO Certification in Quality (ISO 9001); Environment Management (ISO 14001), Occupational Health and Safety (ISO 45001) and IT Security (ISO 27001) from the ISOQAR, United Kingdom.

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For the past 40 years, Suryakant Kakade & Associates has been a dominant force in the Pune and PCMC construction sector, celebrated for its unwavering commitment to transparent dealings and an impeccable record of timely possessions. Their legacy is built on a foundation of trust and quality, evidenced by the successful completion of over 5,000 flats and 700 commercial units. Now, the company is embracing a new era with the active involvement of the second generation. Jay, Vijay, and Ajay Kakade have joined the leadership, infusing new energy and fresh perspectives as they are poised to uphold the core values that have defined the brand for decades, their participation ensures that they continue to innovate and adapt, ready to meet the future demands of the next generation customers.

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Founded in 1986 by industry visionaries Mr. Subodh Nemlekar and Mr. Mitaram Jangid, Sumit Group has become a symbol of excellence in real estate across Mumbai and Goa. With over 68 completed projects all with OC’s spanning 50 lakh sq. ft., the company is currently constructing 15+ lakh sq. ft., with 7 ongoing and 7 upcoming projects as on date in prime areas like South Mumbai. Listed on NSE in 2018, Sumit Group is a proud member of CREDAI-MCHI, NAREDCO, and BDA. Renowned for quality, innovation, and timely delivery, the Group’s expertise spans across various policies, Open Plot Development, Society Redevelopment, multiple DCPR schemes like 33-5/7/9/12/11/20, collector’s land, amenity plots, SRA and MHADA.

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Established in 1978, Runwal Realty is one of Mumbai’s leading real estate developers, known for trust, quality, and innovation. From Mumbai’s first private residences at Runwal The Reserve on Nepeansea Road, to Runwal 25 Hour Life in Thane—spread across 21 acres with over 50 world-class amenities—Runwal is creating lifestyle-focused spaces. Iconic projects like Runwal Elegante in Andheri, featuring India’s first sky promenade, reflect their unique vision. The company is also the creator of R City Mall in Ghatkopar, one of Mumbai’s most popular retail and entertainment destinations. With over 50 landmark developments, Runwal Realty continues to shape the way Mumbai lives.

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Wardwizard Innovations & Mobility Ltd., one of India's leading EV manufacturers, offers cleaner alternatives under Joy e-bike and Joy e-rik, promoting sustainable growth. With 10+ models in high and low-speed categories, they've established a strong presence in 400+ cities, aiming to expand nationwide, reducing carbon emissions and driving green transportation forward. Mr. Yatin Gupte Chairman and Managing Director WardWizard Innovations & Mobility Ltd. (Manufacturer of Electric Vehicles under the brand Joy e-Bike )

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FUEL (Friends Union for Energising Lives): Empowering India’s First- Generation Learners At the heart of every empowered child is an opportunity. FUEL (Friends Union for Energising Lives) is a nationally acclaimed not-for-profit organization transforming lives by delivering education, future skills, and opportunities to underprivileged and first-generation learners across India. Founded by social entrepreneur Dr. Ketan Deshpande at the age of 19, FUEL was born from a personal struggle for access and a dream to ensure that no child is left behind due to lack of guidance, affordability, or opportunity. Today, FUEL stands as a beacon of inclusive education, impacting over 1.2 million youth across 17+ states and union territories through its integrated model. Our Model of Impact: From Education to Employment FUEL’s unique strength liesin combining: * Career Guidance & Mentoring: Over 1 million students have received structured, large-scale career counselling to guide their educational and professional paths. * Future Skills Training: More than 2.93 lakh youth trained in AI, Python, Digital Marketing, and soft skills through CSR-backed, industry-certified programs. * Scholarships for the Underserved: 2,907 scholarships awarded, focusing on children of farmers, defense personnel, sanitation workers, and police families. * Higher Education with Dignity: Through FUEL Business School and the upcoming FUEL SkillTech & Entrepreneurship University, FUEL provides 100% free undergraduate and postgraduate education, particularly in STEM, management, and digital technologies. * Pan-India + Global Reach: With delivery across Tier 2 & 3 cities and Aspirational Districts such as Nandurbar, Palghar, and parts of Odisha and Jharkhand—FUEL ensures deep rural and regional inclusion. The model is also being replicated internationally in Indonesia and Uganda. Institutional Recognition & Strategic Alliances * Recognized as a Champion of Change by the Hon’ble Prime Minister of India * Empaneled on SEBI’s Social Stock Exchange (SSE) forrobust social impact and governance * Supported by 78+ CSR partnersincluding LTI Mindtree, BP, Standard Chartered Bank, Capgemini, Fujitsu * MoU signed at World Economic Forum (Davos) with the Government of Maharashtra to skill 5,000 youth * ₹5 Crore endowment received for the School of Science from Dr. Yusuf Hamied, Chairman, Cipla Why FUEL for “Educate & Empower Underprivileged Children FUEL’s philosophy is rooted in the spirit of Antyodaya—uplifting the last child in line. By bridging the gap between access, equity, and employability, we have built a scalable and sustainable model of change. Every child supported by FUEL moves one step closer to a dignified future—powered by education, skills, and self-belief. We welcome the opportunity to collaborate with your campaign to amplify reach, co-create impact, and together unlock the potential of India’s most deserving youth.

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Nyati Group is one of India’s most preferred real estate brands, with over 28 years of engineering excellence in creating landmark developments that define modern living. Headquartered in Pune, the Group has delivered more than 125 projects, covering over 73 million sq. ft. across residential, commercial, IT parks, healthcare, hospitality, and institutional spaces. Known for its unwavering commitment to quality, innovation, and timely delivery, Nyati Group has built a thriving community where more than 15,000 families proudly call themselves part of the Nyati family. With a legacy built on trust and relationships, the Group continues to be the first choice—today, tomorrow, and forever.

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Navnit Group, a distinguished Mumbai-based conglomerate with a turnover surpassing Rs. 2000 crore, stands as a beacon of trust and leadership in India’s mobility landscape. Spanning automotive, marine, aviation, adventure sports, infrastructure, and financial services, our network of over 3,000 dedicated professionals delivers more than 12,000 vehicles annually with unmatched precision and care.
Our Vision
To emerge as a globally revered corporation, propelled by professionalism, integrity, and relentless innovation.
Our Mission
To craft world-class products and deliver the distinguished Brand Navnit Experience, fostering value through pioneering solutions and exemplary service.
Why Choose Navnit Group
We redefine industry benchmarks with cutting-edge showrooms and an unwavering commitment to customer satisfaction. Our fusion of advanced technology and expert craftsmanship ensures tailored, premium experiences that resonate with distinction.
Our Guiding Principles
Integrity, professionalism, and innovation form the cornerstone of our operations, guiding our ambitions and relationships with all stakeholders.
Shaping Tomorrow
Firmly embedded in India’s dynamic economy, Navnit Group is dedicated to sustainable growth, seizing opportunities to fulfill emerging aspirations and advance industry standards.
Our Leadership
Under the stewardship of Chairman and Managing Director Navnit Kachalia, alongside his brothers, our leadership blends familial heritage with professional acumen, driving strategic vision and enduring success.
Commitment to Society
As a conscientious corporate entity, Navnit Group champions community upliftment through initiatives like the Navnit Academy, elevating industry expertise and fostering skill development.
The Navnit Commitment
Navnit Group embodies trust, innovation, and excellence, delivering enduring value to customers, partners, and society while forging a future of seamless connectivity and distinction.

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IIFCL is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects. As a long-term lending institution, IIFCL is amongst the most diversified public sector infrastructure lender in terms of eligible infrastructure sub-sectors and product offerings. It has the mandate to finance both green-field and brown-field projects, covering Direct Lending, Takeout Finance, Refinance and Credit Enhancement, across all infrastructure sub-sectors as notified by the Government in the Harmonized Master List of Infrastructure Sub-sectors. These broadly include transportation, energy, water, sanitation, communication, social and commercial infrastructure. On a standalone basis, till 31st March 2025 the Company has cumulatively sanctioned over Rs. 3 Lakh Crore and disbursed more than Rs. 1.5 Lakh Crore. The company recently set a benchmark as the first NBFC-IFC with an ESG Rating.

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EY is a globally connected, multidisciplinary professional services organization driven by our purpose: building a better working world – for our clients, our people and communities. We ask better questions that unlock new approaches to the working world’s toughest challenges. The insights and quality services we provide help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all our stakeholders. Our various teams at EY help clients drive growth, manage risk, and transform through innovation and digital solutions

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Established in 1961, Financial Express is the business daily from the Express Group. In the business media space, the publication stands for credibility and insightful coverage of both national and international economic issues. In short, if you have read it in Financial Express, it is factual. The publication doesn’t just disseminate information, it goes much beyond to explain how it impacts you. The information, analysis and knowledge that Financial Express unfolds in its pages empower the reader with informative reading that makes for leading-edge financial decisions. Explains why, it is a preferred choice of thinkers and business leaders. Thought leadership is what Financial Express is all about.

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