Yes Bank is the fourth largest private sector bank
by wealthmann
July 6, 2019
200
Yes Bank is the fourth largest private sector bank
Yes Bank is the fourth largest private sector bank and financial services company in India. It was founded nearly 15 years ago in the year 2004 by Ashok Kapur and Rana Kapur. Currently, it is headquartered in Mumbai, Maharashtra.
- The three entities of Yes Bank Limited are Yes Bank, Yes Asset Management Services and Yes Capital.
- Yes Bank as borrowed as well as disbursed short term loans to several corporate and retail banks in Japan, USA, Taiwan, and Europe.
- Yes Bank has partnerships with OPIC and Wells Fargo (both are US government firms)
- As of 2018, Yes Bank has nearly 18238 employees spread across all the branches of the bank.
- Yes Bank is listed on the National Stock Exchange, Bombay Stock Exchange and also on London Stock Exchange.
- Yes Bank signed a Memorandum of Understanding with the Government of India to disburse a financing Rs.1000 crore for food processing projects.
- In February 2018, in order to provide the baking solutions to the Defence personnel, the bank also signed Memorandum of Understanding with Assam Rifles.
- As of 31st January 2019, Yes Bank has 1150 branches and more than 1800 ATMs spread across India.
- The Total Assets of Yes Bank is estimated at US$44 Billion and total revenue is estimated at US$3.7 Billion for the year 2018.
- Currently, Ravneet Gill is the Managing Director and CEO of Yes Bank.
The various products and services offered by Yes Bank to its customers include the following:
- Consumer, Corporate, Private, and Investment Banking
- Finance and Insurance
- Mortgage Loans
- Credit Cards
- Wealth Management