Type | Public (BSE: 532648) |
---|---|
Industry | Banking & financial services |
Founded | 2003-04 |
Founder(s) | Ashok Kapur and Rana Kapoor |
Headquarters | Mumbai, India |
Products | Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines |
Revenue | 4,665.01 crore (US$886.35 million) (2010-11) [1] |
Operating income | 1,190.38 crore (US$226.17 million) (2010-11) |
Profit | 727.13 crore (US$138.15 million) (2010-11) |
Total assets | Rs. 363.8 billion at March 31, 2010 |
Total equity | Rs. 30.7 billion at March 31, 2010 |
Employees | 3,034 [2][3] |
Website | www.yesbank.in |
YES Bank Limited (BSE: 532648) is an Indian Bank, engaged in providing a range of banking and financial services. The Bank’s business segments include Treasury, Corporate/Wholesale Banking, Retail Banking, Corporate Finance, Transaction Banking and a host of other Banking services. It was founded by Rana Kapoor and his partner (Late) Ashok Kapur, with the duo holding a collective financial stake of 27.16%.[4]
YES Bank has received significant national and international recognitions which include Mr. Rana Kapoor, Founder, MD & CEO being recognized as the Entrepreneurial Banker of the Decade (2001-2010) by Bombay Management Association [5], India's No. 1 New Private Sector Bank in the Financial Express-E&Y Best Banks Survey 2010 [6], India's Fastest Growing Bank of the Year at the Bloomberg UTV Financial Leadership Awards 2011 [7]. YES Bank has become the first Indian Bank, and the third one globally in the banking industry to receive certification for its 'Complaints Management System (ISO 10002:2004)' by the British Standard's Institution (BSI) as on August 25, 2010 [8]. The bank was also awarded the ISO 27001:2005 Certification for its 'Information Security Management System' by BSI [9].
In 2010, the bank announced the roll-out of a strategic blueprint, named Version 2.0 of the bank, to further accelerate its business growth in the retail banking space, with the objective to achieve by 2015, a balance sheet size of Rs.1,50,000 crore, deposits of 125,000 crore, advances of 100,000 crore, a pan India network of 750 branches and a human capital base 12,000 by 2015 [10].