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Monday, October 29, 2012

YES Bank

-Yes Bank : Started in 2003
-Today, it is 4th Largest Private Sector Bank.
-Started by Dr.Rana Kapoor (Ex Bank of America, Ex ANZ Grindlays Bank, Ex Rabo Bank India)
-Dr. Rana Kapoor is the Founder, Managing Director & CEO of YES Bank.
-YES Bank founded with vision "Building the Best Quality Bank of the world in India" by 2015. -Rana Kapoor and Late Ashok Kapoor held 26% stake in Yes bank, while Rabobank International held 20% stake.
-Net revenue has increased 210 times to over Rs.6300 Cr in past seven years.
-Market cap : Rs.14000 Crores (vs City Union Bank 2350 Cr, Federal bank 7900 Cr, KTK Bank 2150 Cr and South Indian bank 3150 Cr).
- has 356 Branches
- Advances of Rs.38,000 Crores
- Deposits of Rs.49,150 Crores
- set targest of "Version 2" for FY 2015 : Planst to achieve balance sheet size of Rs.1,50,000 Cr, advances of Rs.1,00,000 Cr and deposits of Rs1,25,000 Cr, establish 900 branches and 2000 ATM's.

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