YES BANK, India’s fourth largest private sector bank, won multiple awards at The Asset Triple A Asia Infrastructure Awards 2019 held recently in Singapore. YES BANK received 3 Awards in the Best Deal – South Asia (India) category –
- Transport Deal of the Yearfor YES BANK’s role as mandated lead arranger and sole underwriter, for National Highways Authority of India’s monetization of road assets for the first time using the Toll-Operate-Transfer model.
- Renewable Energy Deal of the Year – Solar (Highly Commended) for YES BANK’s role as underwriter and lead arranger for first –of- its-kind renewable project in India, pioneering the trend of inter-state renewable energy projects in India
- Utility Deal of the Year for YES BANK’s role as mandated lead arranger and underwriter for the Mumbai generation, transmission & distribution business.
Speaking about the awards, Mr.Vinod Bahety, Senior Group President and Global Head, Corporate Finance Infrastructure Banking, YES BANK said “The awards are a testament to YES BANK’scommitment towards boosting India’s dynamic project finance ecosystem, and demonstrates strong ability to cater to our clients across the globe.YES BANK continues to work on developing innovative financing mechanisms,which is crucial for our country’s development.”
In 2018, The Asset Triple A Country Awards felicitated YES BANK with the Best New Bond India award. YES BANK also won 2 awards at The Asset Triple A Asia Infrastructure Awards 2016 in Hong Kong in categories including Best Energy/Renewable Energy Deal (Solar) and Best Green Bond Facility.
The Asset, in support of the importance of infrastructure to the region’s future, shines the spotlight on this sector with The Asset Triple A Infrastructure Awards. The award honours the institutions and the deals in Asia that made a difference during the review period, which is calendar year 2018. More details on the award at:https://www.theasset.com/