Yes Bank

Yes Bank Limited
Type Public (BSE532648)
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 (BSE532648) 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].

References

External links