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Yes Bank

Sector: Raw Materials • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

Yes Bank Ltd. (“Yes Bank” or “the Bank”) is a private sector bank, established in November 2003. Yes Bank was granted a license by the Reserve Bank of India to commence banking operations in May 2004. The Bank has a pan India presence with 331 branches across 225 cities (as on December 31, 2011). Approximately 25 percent of the branches are present in the low income states of Rajasthan, M.P, U.P a

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The project “Yes Bank” is an infrastructure initiative in the Raw Materials sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

Yes Bank Ltd. (“Yes Bank” or “the Bank”) is a private sector bank, established in November 2003. Yes Bank was granted a license by the Reserve Bank of India to commence banking operations in May 2004. The Bank has a pan India presence with 331 branches across 225 cities (as on December 31, 2011). Approximately 25 percent of the branches are present in the low income states of Rajasthan, M.P, U.P and Chhattisgarh. The Bank plans to expand its branches network to 750 branches by FY 2015, targeted towards expanding its SME, agriculture and retail franchise. Yes Bank plans to primarily expand in smaller cities and centers where it expects to tap SME and agriculture business. Much of the expansion will be in the states of Maharashtra, NCR, Gujarat, Rajasthan, Haryana, UP and MP.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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