1. Yes Bank
Origin: 2004
Founder, MD & CEO: Dr. Rana Kapoor
Headquarters: Mumbai
Products: Corporate and Institutional Banking, Financial Markets, Investment
Banking, Corporate Finance, Retail Banking, Business and Transaction Banking,
and Wealth Management, NRI Banking , SMEs
Growth:
Yes Bank is India’s fourth largest private sector bank (by balance sheet dated
March 31, 2012)
Yes Bank has a widespread branch network of over 380 branches across 275 cities,
with 650+ ATMs and 2 National Operating Centres in Mumbai & Gurgaon.
The sustained growth of Yes Bank is based on the key pillars of Growth, Trust,
Technology, Human Capital, Transparency & Responsible Banking.
Yes Bank has a knowledge driven approach to banking and a superior customer
experience for its retail, corporate and emerging corporate banking clients.
Latest Development:
Inclusive & Social Banking(ISB) is a recently created specialized division of Yes
Bank mainly for implementing the Financial Inclusion Plan(FIP)
ISB proposes to leverage the “Technology Edge” of Yes Bank along with its
Relationship Capital in Social, Commercial & Government sectors to promote
inclusive growth based on market principles
YES SAMPANN
YES SAMPANN is the first institutionally sponsored direct intervention
model for microfinance in India.
2. It provides last mile connectivity at the Bottom-of-the-Pyramid offering
affordable, customized financial services including credit, savings and
insurance.
YES SAMPANN works towards creating credit histories for an urban
population that remains excluded from formal finance.
Additional Information
Thu, Oct 04, 2012 at 12:25 (moneycontrol.com)
YES Bank hits 52-week high on Morgan Stanley report
Private sector lender YES Bank has touched a 52-week high of Rs 406.80 on
Thursday as the global financial services firm Morgan Stanley has added the bank
to its focus list.
The firm in its report said the bank has continued delivery of growth with
profitability. "We expect return on equity of around 19% in FY13-15 (after
assumed dilution)."
The report further added, "After savings bank rate deregulation in October 2011,
Yes Bank's CASA/deposits ratio has improved by around 530 basis points to
16.3%. Historically, its low CASA base has been one of the key concerns for
investors. Impaired loans ratio at 0.8% is one of the lowest in industry."