About Yes Bank: Yes Bank is an Indian private banking company founded in 2004 by Rana Kapur and Ashok Kapur. It is the seventh largest bank in India in terms of market capitalization. The bank has evolved into a full-service commercial bank offering a wide range of products, services, and digital services.

Partnerships and Investments:

Yes Bank is known for partnering with US government financial institutions OPIC and Wells Fargo to support female entrepreneurs. The bank also holds a 24.29% stake in Dish TV, one of the largest DTH service companies in India.

Services Offered:

Yes Bank specializes in services related to retail, MSME (Micro, Small, and Medium Enterprises), and corporate customers. The bank offers a comprehensive range of services including credit cards, private banking, wealth management, retail and corporate banking, mortgage lending, investment banking, and financial and insurance services.

Head Office and Subsidiaries:

Yes Bank's head office is located in Mumbai, Maharashtra. The bank has three subsidiaries - Yes Securities Limited, Yes Trustee Limited, and Yes Asset Management Limited, all headquartered in Mumbai.

Employees: Yes Bank currently employs approximately 23,800 employees. Mr. Prashant Kumar serves as the Chief Executive Officer and Managing Director, Niranjan Banodkar as the Chief Financial Officer, and Shyam Arora as the Managing Director of Yes Bank.

Branches and ATMs: Yes Bank has a widespread network of over 1,000 branches and 1,800 ATMs across 29 states and seven union territories in India. Its subsidiary, Yes Securities Limited, also operates 50 branches across the country.

Loan Details:

  • Interest Rate: 10.7% per annum
  • Maximum Loan Amount: Up to Rs 5 million
  • Maximum Tenure: 5 years (60 months)
  • Processing Fee: Rs 2499/-
  • Advance Fee: Not applicable
  • Minimum Monthly Salary/Annual Business Income: Loan amount as per regulatory requirements

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