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Awards and Recognitions

Competitive pricing and increasing market share

  • Best Bank for Emerging Market Currencies Trading, Spot/Forward*
  • Best Bank for Asian Currencies *
  • Ranked 15th in India by market share for overall FX trading up 6 places from 21st place in 2013*

*Category – Non-financial corporate customers

Technology led approach to customer servicing

  • Finnoviti Award 2013 for Best Technical Innovation in Banking Space by Banking Frontiers magazine
  • First Indian Bank to stream Spot and Forward prices through hand-held devices
  • First Indian Bank to stream LTFX prices to interbank customers

Establishing the strength of our bullion business

  • One of the leading Gold Importers with 53 tons of Gold for FY 2013-14
  • Largest Silver Importer in the country in CY 2013*
  • Best Emerging Bullion Dealing Bank 2011-12**

*Category – Non-financial corporate customers
**As per GFMS Survey 2013

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