Tag Archives: Yes Bank

YES Bank strengthens its MSME lending

Reported by | Updated: August 23, 2017

Sumit Gupta, group president & national head, Business & Rural Banking at YES Bank, speaks about the bank’s latest partnership with OPIC and Wells Fargo and its plans to increase MSME lending in 2017-18 Mehul Dani: What are the salient features of YES Bank’s latest partnership with OPIC and Wells Fargo? Any update on earlier tie-ups? […]

YES Bank gets funding for financing SMEs

Reported by | Updated: July 14, 2017

YES Bank has secured $150 million funding from US government and Wells Fargo to fund SME lending. This is the third round of funding as part of arrangement between the Overseas Private Investment Corporation (OPIC), a US government development finance institution, and Wells Fargo, with the objective to increase lending to small and medium enterprises […]

Hike, YES Bank partner to offer UPI payments

Reported by | Updated: June 22, 2017

Hike, the Indian instant messaging service provider, is partnering with YES Bank to offer payment facilities to its 10 crore users through UPI. Kavin Bharti Mittal, CEO of Hike, said the partnership will make Hike Messenger the largest UPI-based platform in India. It will empower over 10 crore users to transact seamlessly on the UPI […]

YES Bank appoints Debjani Ghosh as director

Reported by | Updated: May 16, 2017

YES Bank has appointed Debjani Ghosh as an independent director on the board of the bank. Her appointment will be formalized by the shareholders of the bank at the bank’s AGM on 6 June. Ghosh has been until recently vice president, Sales & Marketing Group at Intel and MD, Intel South Asia. She has held […]

YES Bank scheme for UAE Indians

Reported by | Updated: May 5, 2017

Non-resident Indians in the UAE can get loans from Emirates NBD against their non-resident external FD/foreign currency deposits with YES Bank in India. YES Band has entered into a strategic partnership with Emirates NBD in this regard under its Global Indian Banking (GIB) program. The loans will be in AED currency and the scheme will […]

YES Bank, Paisabazaar tie up for loans

Reported by | Updated: April 27, 2017

YES Bank said it is tying up with Paisabazaar.com to offer conditionally approved loans to Paisabazaar.com’s existing customers. The bank will help Paisabazaar.com through its advanced analytics and data mining capabilities to offer customers of the financial marketplace with customized and conditionally approved offers across retail lending products. The bank said the aim is to […]

YES Bank has 41 bn balance sheet at GIFT IBU

Reported by | Updated: April 5, 2017

YES Bank said it has achieved $1 billion on its balance sheet at the IFSC Banking Unit in Gujarat International Finance Tec City as on 31 March 2017. The bank was the first to achieve this milestone at the GIFT City. After starting its IBU in GIFT City, the bank has executed multiple transactions across […]

YES Bank is on the cusp of a digital transformation

Reported by | Updated: February 27, 2017

Ritesh Pai, senior president and country head, Digital Banking at YES Bank, outlines how the bank is evolving into a 8 digital entity: Brian Pereira: What are the technologies that you invest in heavily? Ritesh Pai: YES Bank has embarked on the journey to be ‘Finest Large bank in India by 2020’ and customer service […]

YES Bank introduces new debit card variants

Reported by | Updated: February 15, 2017

Bank has come out with new variants of its debits cards. It has also introduced Near Field Communication technology across the card variants to enable contactless payments. The bank has also strengthened its focus on RuPay Cards by introducing two cards on this platform offering superior features and benefits. The new debit cards are called […]

YES Bank upgrading its systems

Reported by | Updated: February 6, 2017

YES Bank is upgrading its systems. In order to do so, it has told its customers that it would be deactivating its internet banking services for 4 days from 10 February. The bank said the upgrade is intended to give its customers a superior banking experience. The bank has sent emails to its customers stating […]

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