Yes Bank Limited
Yes Bank Limited is an Indian private sector bank headquartered in Mumbai, India. It was founded by Rana Kapoor and Ashok Kapur in 2004. It offers wide range of banking and financial products for corporate and retail customers through retail banking and asset management services. Yes Bank is an associate of State Bank of India.Yes Bank has interests in Retail, MSME and corporate banking. It has three subsidiaries – YES Securities (India) Limited, YES Trustee Limited and YES Asset Management (India) Limited. Yes Bank provides Unified Payments Interface (UPI) services for a number of major companies, such as Airtel, Cleartrip, RedBus, and PhonePe among others. Their vision is to build the finest quality large bank of the world in India. They believe in establishing a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. It has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.YES BANK’s sustainability strategy aims to integrate environmental, social and governance (ESG) considerations into the Bank’s core business, with a focus on building resilience against ESG risks and mainstreaming sustainable finance. The Bank does this by aligning its business to global frameworks such as the United Nation’s Sustainable Development Goals (SDGs), the Paris Climate Agreement, and the Principles for Responsible Banking (PRB).Their shareholding pattern consists of Public having 42.45% shares following by FII’s having 10.45% shares and DII’s with 47.10% shares.