Yes Bank India, founded under the initiative of Rana Kapoor and Ashok Kapur, is known for comprehensive banking and providing financial solutions to its customers. The main mission of the
Yes Bank in India is to establish a hi-tech driven private Indian bank catering to the needs of the emerging India. The founders got the financial assistance from the Rabobank Nederland, the world's only AAA rated private bank, and three respected global institutional private equity investors, CVC Citigroup, AIF Capital and ChrysCapital. At present,
Yes Bank India has forty fully operational branches.
Activities:
The main feature that differentiates Yes Bank India in the banking industry is their use of knowledge bankers who are industry experts in various sectors of Indian economy thereby helping their valued customers with in-depth knowledge of these sectors.
In general the products and services offered by the Yes Bank are:
- Corporate and Institutional Banking
- Financial Markets
- Investment Banking
- Business and Transactional Banking
- Retail Banking
- Private Banking
The
Yes Bank offers a package of value added services, known as the Yes Touch. This includes International Debit Cards, 24 Hour ATM Access, Internet Banking, Mobile Banking, Payment - Online Brokerage and Online Travel Booking.
Performance:
The financial highlights of Yes Bank India are:
- Net Profit after Tax is of Rs.944 millions in the financial year 2007 as compared to a Net Profit of Rs.553 millions in the financial year 2006. Total income (Net Interest Income plus Non Interest Income) is of Rs.3,659 millions in the financial year 2007 as compared to Rs. 1,852 millions in the financial year 2006, representing an increase of 98% and Operating Profit is of Rs.1,724 millions in the financial year 2007 as compared to Rs. 991 millions in the financial year 2006, representing an increase of 74%.
- Yes Bank In India has been ranked second among the new private sector banks and first on the key parameter of growth among sixty-four Private, Public and Foreign Banks in India. Yes Bank India have adopted the globally recognized Six Sigma and ISO service standards.
Organization:
Mr. Ashok Kapur is the Non-Executive Chairman and Mr. Rana Kapoor is the Managing Director & CEO of Yes Bank India.
Corporate Headquarters:
Yes Bank Ltd,
Nehru Centre, 9th floor,
Discovery of India, Dr. A.B. Road,
Worli, Mumbai - 400 018.
Phone: +91 (22) 5669 9000
Fax: +91 (22) 2490 0314
Website: www.yesbank.in
