Tag Archives: Yes Bank

YES Bank, Nearby tie up to offer cardless transactions

Reported by | Updated: January 5, 2018

YES Bank and fintech startup Nearby Technologies are collaborating to provide Aadhaar-enabled cardless and PINless ATM service to customers so that they can deposit or withdraw money at retailers’ premises. The transactions can be carried out by using the PayNEARBY mobile application on a smart phone by the retailers, who can essentially become an Aadhaar […]

YES Bank, EIB set up fund for renewable energy projects

Reported by | Updated: December 22, 2017

YES Bank is joining hands with European Investment Bank to provide $400 million funding to expand renewable energy generation across India. The program, envisaging construction of new solar power plans and wind farms across the country, will be managed by YES Bank. Donal Cannon, head of the European Investment Bank Representation to South Asia and […]

YES Bank CSR project for MSMEs making impact

Reported by | Updated: December 14, 2017

YES Bank said its CSR project – ‘Say Yes to Sustainable MSMEs in India’ – has, impacted over 3,250 MSMEs across 14 states and 17 sectors, benefiting more than 23,100 workers. The bank is targeting one lakh MSMEs through this project by 2020. Namita Vikas, group president and global head – Climate Strategy and Responsible […]

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 […]

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