Yes bank is country’s 5th biggest non-public bank, co-founded by Rena Kapoor in ‘04. This is the only “Greenfield bank licence” furnished by RBI in many years. Yes Bank is a “complete issuer commercial bank”, and has progressively constructed a “wholesale, Retail & SME Banking franchise, monetary Markets, funding Banking, company Finance, department Banking, enterprise and Transaction Banking, and Wealth management enterprise” in India.
Yes bank has shown strong financial results consistently. Following are some highlights for Q3FY15 financial consequences- “
· Net income grew thru 30.0% y-o-y to ₹ 540.3 Cr in Q3FY15,
· Net interest profits up 36.6% to ₹ 909.0 Cr, Non-interest earnings of ₹ 536.8 Cr, net interest Margin expanded to a few.2%,
· Advances up 32.4% to ₹ 66,606.9 Cr and Deposits up 21.0% to ₹ 82,370.0 Cr as of 31 Dec 2014.
· In FY2015, the financial institution has thus far raised US$500 Mn equity through QIP and long time investment people $422 Mn via dual foreign money Syndicated Facility and US$200 Mn from Asian improvement bank aggregating to about US$1.2 Bn.
· CASA Ratio improves frequently to 22.6% from 20.9% a year ago. SA deposits grew by using 42.8% y-o-y.”
Following are some highlights from the products and services offerings of Yes Bank- “
• Company and Institutional Banking- The company & Institutional Banking (C&IB) department at yes bank contribute a primary a part of the bank with a turnover of over R 1,000 crores.
• Commercial Banking
• Investment Banking-sure bank’s is a first-rate participant in funding Banking in India and is involved within the identification, structuring and execution of transactions for its customers in numerous industries and geographies. a number of the everyday transactions include mergers & acquisitions, divestitures, non-publicprivate fairness syndication and IPO advisory.
• Company Finance-sure financial institution’s company Finance practice gives a aggregate of advisory services and customized merchandise to optimise hazard primarily based on ‘information Arbitrage’
• Economic marketing- he economic Markets (FM) enterprise model presents hazard management answers related to foreign money and interest price exposures of clients.
• Retail Banking-sure bank has banking community of over six hundred branches and a couple of, 1000 A Ms giving it a chief presence in urban India. Yes bank is one of the fastest growing private banks in India.”
