Yes Bank is India's fourth largest private sector bank, founded by Rana Kapoor and Ashok Kapur in 2004. Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades. YES BANK is a "Full Service Commercial Bank", and has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country.
Video Yes Bank
Products and services
- Corporate and Institutional Banking
- Commercial Banking
- Investment Banking
- Corporate Finance
- Financial Marketing
- Retail Banking
Maps Yes Bank
Operations
As on 31 December 2017, the bank had 1050 branches and 1724 ATMs. It had a balance sheet size of INR 250,000 crore and Gross NPA of 1.72%. It is the fourth largest private sector bank in India.
Yes Bank equity shares are listed on Bombay Stock Exchange and the National Stock Exchange of India.
News
Yes bank was listed in the stock exchanges of India post its IPO in May 2005 at an issue price of Rs.45.
In September 2016, Yes bank scrapped its proposed $1bn share sale due to market conditions. The pull out of the deal caused all round embarrassment as miscommunication and misunderstanding among various players led to a round of public blame game among various participants. The company is looking to relaunch its failed capital raising exercise after appointing new set of bankers.
On 3 November 2017, Yes Bank signed a MoU with the government to provide Rs 1,000 crore financing for food processing projects.
BHIM YES PAY is the 1st Wallet to fully integrate the India Stack APIs and National Payment Corporation of India (NPCI) Products supporting the national agenda of making India Digital.
On 1 February 2018, Yes Bank Signs MoU with Assam Rifles for offering banking solutions to defense personnel.
Awards and recognition
- Yes Bank, received "India's Fastest Growing Bank of the Year" award at the Bloomberg UTV Financial Leadership Awards 2011
- Bank of the Year India, The Banker London - 2015
- YES BANK was voted India's 3rd Most Trusted Private Bank in 2014 according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory, a brand analytics company.
- YES BANK won the GOLDEN PEACOCK INNOVATIVE PRODUCE/SERVICE AWARD-2017
See also
- Banking in India
- List of banks in India
References
External links
- Official Website
- YES BANK at Bombay Stock Exchange
- YES BANK at National Stock Exchange of India
Source of article : Wikipedia
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