Released on: February 18, 2008, 5:30 am

Press Release Author: Vaishnavi Corporate Communications

Industry: Human Resources

Press Release Summary: Centurion Bank of Punjab won two awards at the Global HR
Excellence Awards 2008 given at the Asia Pacific HRM Congress held in Mumbai this
week.

Press Release Body: Centurion Bank of Punjab bags two awards at the
Global HR Excellence Awards 2008


Mumbai, February 14, 2008: Centurion Bank of Punjab won two awards at the Global HR
Excellence Awards 2008 given at the Asia Pacific HRM Congress held in Mumbai this
week.

A first time participant, Centurion Bank of Punjab, had sent entries in two
categories of awards and won both of them against several hundreds of entries
received from across diverse sectors .

Centurion was awarded in the category 'Organization with Innovative HR Practices'
wherein it showcased its Vision Mission Values cascade program aimed at Culture
Amalgamation. This initiative has been clearly useful given the stated and
implemented inorganic growth strategy of the bank.

The other category was the 'Young HR Professional of the Year' wherein Ms. Anila
Rajneesh, HR Partner won the award against 320 other entries. Ms Anila is an HR
professional with 8 years of experience, and has been with Centurion for almost 4
years. As HR partner she designs and helps implement strategic HR initiatives for
retail businesses.

On the occasion Ms. Shalaka Gadekar, Head Human Resources, Centurion Bank of Punjab
said, " We are delighted that our HR colleagues and one of our HR interventions has
received external recognition. We are committed towards making Centurion " A Great
place to Work and a Great place to Bank"

About Asia Pacific HRM Congress
Asia Pacific HRM Congress is a unique Annual Human Resource Conference which has
been held for the last 16 years, which aims at getting industry wide speakers across
the globe on one platform on areas related to Human Resources. It also aims at
recognizing Great Human Resource Practices across industries, and outstanding HR
professionals who have contributed significantly within and outside their respective
organizations. The Jury consisted of eminent senior professionals from the industry.

About Centurion Bank Of Punjab
Centurion Bank of Punjab is one of the leading new generation private sector banks
in India. The bank serves individual consumers, small and medium businesses and
large corporations with a full range of financial products and services for
investing, lending and advice on financial planning. The bank offers its customers
an array of wealth management products such as mutual funds and life and general
insurance and has established a leadership \'position\'. The bank is also a strong
player in foreign exchange services, personal loans, mortgages and agricultural
loans. Additionally the bank offers a full suite of NRI banking products to overseas
Indians.

On 29th August 2007, Centurion Bank of Punjab merged with Lord Krishna Bank (LKB),
post obtaining all requisite statutory and regulatory approvals. This merger has
further strengthened the geographical reach of the Bank in major towns and cities
across the country, especially in the State of Kerala, in addition to its existing
dominance in the northern part of the country. Centurion Bank of Punjab is planning
to build upon the strong brand attributes of both banks in their respective
geographies.

Centurion Bank of Punjab now operates on a strong nationwide franchise of 394
branches and 452 ATMs in 180 locations across the country, supported by employee
base of over 7,500 employees. In addition to being listed on the major Indian stock
exchanges, the Bank's shares are also listed on the Luxembourg Stock Exchange.


For further information, please contact:

Pushkar Gupta
Centurion Bank of Punjab
Tel.: (022) 67540888

Radha Sajnani / Supriya Sonde / Khantil Shah
Vaishnavi Corporate Communications
Tel.: (022) 6656 8787
Mobile: (0) 98214 35679 / 98670 35854 / 99676 47191
Email: rsajnani@vccpl.com / ssonde@vccpl.com / khantils@vccpl.com







Web Site: http://www.vccpl.com

Contact Details: Khantil Shah
Vaishnavi Corporate Communications
02266568787