Yes Bank

YES BANK Limited
Public company
Traded as BSE: 532648
NSE: YESBANK
Industry Banking & financial services
Founded 2004
Founder Rana Kapoor and Late Ashok Kapur
Headquarters Mumbai, India
Key people
Rana Kapoor (Managing Director & CEO)[1]
Products Banking and financial services[2] SMEs[3]
Revenue Increase 23500 crore (US$3.5 billion) (30 July 2015)[4]
Increase 3000 crore (US$450 million) (2015)[4]
Total assets Increase 91000 crore (US$14 billion) (July,2015)[4]
Website www.yesbank.in

Yes Bank, is India's fifth largest private sector Bank, co-founded by Rana Kapoor in 2004 Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades. Yes Bank is a “Full Service Commercial Bank”, has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country.

Financial performance

Yes bank performance in the Q3FY15 Financial Results. Net Profit grew by 30.0% y-o-y to ₹ 540.3 Cr in Q3FY15, Net Interest Income up 36.6% to ₹ 909.0 Cr, Non Interest Income of ₹ 536.8 Cr, Net Interest Margin expanded to 3.2%, Advances up 32.4% to ₹ 66,606.9 Cr and Deposits up 21.0% to ₹ 82,370.0 Cr as of 31 Dec 2014. In FY2015, the Bank has so far raised US$500 Mn Equity through QIP and Long term Funding of US$422 Mn through Dual Currency Syndicated Facility and US$200 Mn from Asian Development Bank aggregating to approximately US$1.2 Bn. CASA Ratio improves steadily to 22.6% from 20.9% a year ago. SA deposits grew by 42.8% y-o-y.

Products and services

Operations

As on 31 Dec 2015, the bank had 630 branches and 2000 ATMs. It had a balance sheet size of ₹ 1,23,200 crore and Gross NPA of 0.42% fifth largest bank in private sector.[11]

Listings and shareholding

Yes Bank equity shares are listed on Bombay Stock Exchange and the National Stock Exchange of India.

Shareholders (as on 31-Mar-2013) Shareholding[11]
Promoter Group25.72%
Foreign Institutional Investors (FII)48.95%
Individual shareholders09.44%
Insurance Companies09.27%
Banks/Financial Institutions/Mutual Funds/UTI03.87%
Others02.855%
Total100.0%

Awards and Recognitions

See also

References

  1. "Dr Rana Kapoor, Yes Bank Founder, MD & CEO, appointed as Senior VP of Assocham". Business Standard. 30 July 2015. Retrieved 30 July 2015.
  2. "Global Indian Banking - NRI Banking services". Yes Bank. Retrieved 30 July 2015.
  3. "Business Banking for Small & Medium Enterprises". Yes Bank. Retrieved 30 July 2015.
  4. 1 2 3 "Annual Report 2014-15" (PDF). Yes Bank. Retrieved 30 July 2015.
  5. "Can YES Bank, India’s Youngest and Fastest-growing Bank, Be a Model for Newer Entrants?". Wharton - University of Pennysylvania. 1 February 2012. Retrieved 23 February. Check date values in: |access-date= (help)
  6. "YES Bank's growth trajectory remains intact, valuations cheap". Economic Times. 20 February 2012. Retrieved 23 February 2014.
  7. "Yes Bank not to hive off i-banking arm". Business Standard. 13 August 2009. Retrieved 23 February 2014.
  8. "'Yes' to Change:Rana Kapoor". CIO.in. Retrieved 23 February 2014.
  9. "New-generation banks like Yes Bank, IndusInd Bank, Kotak Mahindra Bank gain market share on higher rates". Times of India. 27 May 2010. Retrieved 23 February 2014.
  10. "YES Bank to expand retail banking". Business Standard. 12 May 2010. Retrieved 23 February 2014.
  11. 1 2 "Annual Report 2012-13" (PDF). Yes Bank. Retrieved 23 February 2014.
  12. "India's Most trusted Brands 2014". Trust Research Advisory.

External links

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