Yes Bank is one of the top most private Indian banks. Awarded by the only Greenfield license award by RBI in last 14 years, this bank is established and run by Rana Kapoor and Ashok Kapur with the financial support of Rabobank Nederland, the world's single AAA rated private Bank. Three respected global institutional private equity investors, CVC Citigroup, AIF Capital and ChrysCapital are also associated with this bank. The Yes Bank was established with the motto of providing Indian customers with a motive to provide Indian customers with a spirit of professional entrepreneurship blended with a premium quality, technologically savvy banking trends.
YES Bank: Branches and Business
Yes Bank is recently rated to be the second best private banks in India on its overall performance. The bank is spread in India with a total of 117 branches in India most of which are located in north India. Yes Bank plans an expansion with 133 more branches in the country by the end of 2010. Yes Bank's financial details show it in a very strong financial state presently. The net profit of Yes Bank after Tax for year 2007 is estimated to be Rs.944 millions which is 391 million ahead of FY 2005-2006.
YES Bank: Facilities and Customer Service
Yes Bank provides its customers with world class facilities. The biggest feature that differentiates the standard of Yes Bank from a mediocre bank is the inclusion of knowledge bankers in its management team, who have an expertise in the Indian economy. This expertise therefore proves beneficial in profiting the valued customers of the bank. Apart from this, the philosophy of technological edge, corporate governance and responsible banking also sets a standard set of working parameters for the bank.
In a general sense, the facilities offered by the Yes Bank are: