Yes Bank is India's fifth 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 one decade. 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-The Corporate & Institutional Banking (C&IB) division at Yes Bank contribute a major part of the bank with a turnover of over INR 1,000 crores.
- Commercial Banking
- Investment Banking-Yes Bank's is a major player in Investment Banking in India and is involved in the identification, structuring and execution of transactions for its clients in diverse industries and geographies. Some of the typical transactions include mergers & acquisitions, divestitures, private equity syndication and IPO advisory.
- Corporate Finance-YES BANK's Corporate Finance practice offers a combination of advisory services and customised products to optimise risk based on "Knowledge Arbitrage"
- Financial Marketing-The Financial Markets (FM) business model provides Risk Management solutions related to foreign currency and interest rate exposures of clients.
On 3rd 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.
- Retail Banking-YES BANK has banking network of over 600 branches and 2,000 ATMs giving it a major presence in urban India. Yes bank is one of the fastest growing private bank in India.
Maps Yes Bank
Operations
As on 31 December 2015, the bank had 630 branches and 2000 ATMs. It had a balance sheet size of INR 1,23,200 crore and Gross NPA of 0.42% fourth largest bank in private sector.
Yes Bank is having branches in the following states and union territories.
- Andaman And Nicobar Island
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chandigarh
- Chhattisgarh
- Daman And Diu
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu And Kashmir
- Jharkhand
- Karnataka
- Kerala
- Lakshadweep
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Puducherry
- Punjab
- Rajasthan
- Sikkim
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal
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.
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
- Yes Bank IFSC Codes
Source of article : Wikipedia
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