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yes bank ltd (YESBANK) Details

Yes Bank Limited provides banking and financial services in India and internationally. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers corporate banking services, such as working capital finance, term loans, corporate finance products, treasury services, and liquidity management solutions; and commercial banking services. It also provides retail banking products, including secured business, car, two wheeler, commercial vehicle, construction equipment, tractor, gold, personal, and home loans, as well as loans against securities; and business banking services to small and medium businesses. In addition, the company offers financial and advisory services to ministries under the union government, state government, central and state public sector undertakings, boards, and other affiliates; and banking solutions to banks, non-banking finance companies, housing finance companies, micro finance institutions, insurance companies and brokers, mutual funds, finance institutions, and capital market participants. Further, it provides Internet payment gateway, debit cards, CASA products, ATMs, and mobile banking services; and transaction banking services comprising corporate current accounts, cash management, capital markets and escrow, trade finance, and bullion trading services. Additionally, the company offers financial products and services; loan syndication and asset management services; investment banking services, including mergers and acquisition advisory, private equity fundraising, and equity capital markets services; and microcredit, micro-saving, micro-insurance, and remittance services. As of March 31, 2015, it operated 630 branches; 2 national operating centers in Mumbai and New Delhi; 1,194 ATMs; and 35 bunch note acceptors. Yes Bank Limited has a strategic partnership with Taisys Technologies Co. Ltd. The company was incorporated in 2003 and is headquartered in Mumbai, India.

10,810 Employees
Last Reported Date: 05/9/15
Founded in 2003

yes bank ltd (YESBANK) Top Compensated Officers

Founder, Chief Executive Officer, Managing Di...
Total Annual Compensation: 36.8M
Compensation as of Fiscal Year 2015.

yes bank ltd (YESBANK) Key Developments

MMTC Board Approves Stake Sale In ICEX

MMTC Ltd. (BSE:513377) informed the Bombay Stock Exchange that its board has approved the proposal for sale of 10% stake in Indian Commodity Exchange Limited (ICEX). Acting as an advisor for this transaction, Yes Bank Limited (BSE:532648) issued an express of interest (EoI) in August 2015 for sale of MMTC's full or part stake in ICEX. The minimum reserve price and the minimum number of shares to be acquired in the proposed bidding by bidders shall be INR 10 per share and 2 million shares (equivalent to 1% shareholding in ICEX) respectively. According to the announcement, only two bidders participated in the global EoI and both were selected. Ramesh Shetty, spokesperson of ICEX and Kanishka Garg of Yes Bank did not divulge details of the deal. While Shetty termed the deal being private between two parties, Garg said, "The deal is not yet approved and hence, it is premature to say anything."

Yes Bank Launches New National Centralized Operations Management and Services Delivery Facility in Ambattur, Chennai

Yes Bank launched new national centralized operations management and services delivery facility in Ambattur, Chennai. This facility is envisaged as the future of banking services, operations, and technology of the world, in India, and will be spread across 0.4 million square feet space. This facility will house over 12,000 employees in 2 phases, and the company is looking at creating at least 12,000 financial services jobs in Chennai. The company will also expand its existing network of 23 existing branches by an additional 77 branches, totally 100 branches by 2020.

Yes Bank Limited Presents at Citi India Corporate Day, Sep-10-2015

Yes Bank Limited Presents at Citi India Corporate Day, Sep-10-2015 . Venue: Stirling Square, 5-7 Carlton Gardens, London SW1Y 5AD, United Kingdom.


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