- India's 5th largest private sector Bank.
- Covers segments such as Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management.
- Mission - "To be the Finest Quality Large Bank of the World in India by 2020"
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Founded: | 2004 | How old is Yes Bank in 2024? / Age: | 20 years
| Where was Yes Bank founded? | India | Headquarters: | Mumbai, Maharashtra, India |
Yes Bank Net worth 2024 (estimated)
| How much is Yes Bank worth? | Under review
| Nationality: | Indian |
What is Yes Bank? / Facts
- Yes Bank in figures - 630 branches, 2000 ATMs, over 15,000 employees, in 29 states in India and several offices abroad.
- Strong growth - 24% in net profit, 3.2% net interest, 23% in deposits and 33.1% casa ratio improvement.
- Big fish - Primarily focuses on corporate finance, but recently started to expand its retail franchise too. While the retail deposits account for 35%, they aim to grow its share to 45% in 2 years and reach 50% by 2020.
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Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
Quotes
- "This is not a commoditized business. This business is about specialization. So, depending on the segment, depending on the industry sector banks need to specialize."
- "The solution lies in building a risk culture, building a risk architecture and building 3 eyed principle which at least in our bank is defined as relationship managers, product managers and risk managers who all look at a relationship from all angles. That makes sure that when you have a problem the red flag surfaces early enough."
- "There are business cycles that they are facing which are of a really some setbacks, but the fact is there is also a revival around the corner."
- "In entrepreneurship, you have to believe in God,and then dream. Dreams, if converted to reality,become entrepreneurship. There is a step further: you have to visualize as a leader, strategise and then actualize. Thirdly,you have to have a very high emotional quotient at your enterprise, whether it is a small,medium or even large business. This will make you realize that you can transform and build fantastic organisations."
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Yes Bank Social Media Accounts
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