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Business Today announces jury for BT Best Banks Awards 2023-24

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Mumbai: Business Today has announced the jury for the 29th edition of the BT Best Banks Awards 2023-24, highlighting a remarkable panel of leaders from across the gamut of government and industry. This year’s jury not only brings together some of the most experienced voices in banking and finance, but also reflects the growing representation of women in leadership roles within the industry.

The jury will convene on 11 November to assess India’s banking sector, large non-banking financial companies (NBFCs), and fintech firms, drawing on its unparalleled expertise honed over nearly three decades. The evaluation will be based on insights provided by the knowledge partner KPMG for this initiative, focusing on three key parameters-growth, size, and strength—while conducting a thorough financial ratio analysis covering over 35 sub-parameters.

Former chair, standing committee on Finance and MoS Finance, Jayant Sinha has consented to Chair this year’s jury.

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The jury boasts of two esteemed women leaders from the financial sector:  J.P. Morgan former chairman, South & Southeast Asia, Kalpana Morparia and former chairman and managing director of General Insurance Corporation of India (GIC), Alice G. Vaidyan. Their inclusion underscores the increasing influence of women in the financial industry and the importance of diverse perspectives in shaping the future of banking in India.

Other distinguished members of the jury are:

• Shri Subhash Chandra Garg, Former Finance Secretary & Secretary, Department of Economic Affairs, Union Ministry of Finance

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• Shri Dinesh Kumar Khara, Former Chairman, State Bank of India

• Shri Gunit Chadha, Founder & Managing Director, APAC Financial Services; Former CEO, Deutsche Bank, Asia-Pacific

• Shri AP Hota, Former MD & CEO, National Payments Corporation of India (NPCI)

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The jury will evaluate and decide on awards across multiple categories, including Bank of the Year, Lifetime Achievement Award, Best Bank in Innovation, and Best Bank in Talent and Workforce.

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eNews

Paisabazaar launches Credit Premier League 2.0

Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.

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MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.

Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.

All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.

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Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”

The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.

Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.

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In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.

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