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Focus on Sustainability Sectors

YES BANK’s focus on environmental sustainability makes it not only a responsible bank but also a significant contributor towards the proliferation of sustainable sectors such as renewable and energy efficiency. The bank has taken many initiatives which promote not just environmental sustainability but also the sustainability of the related sectors.

Focus on Renewable Energy 

Rana Kapoor (MD & CEO, YES BANK) and S. K. Popli, (CMD, Indian Renewable Energy Development Agency) sign a MoU to foster development of the Renewable Energy Sector in India during the Make in India Week in February 2016


Focus on Renewable Energy 
The Bank signed an agreement with the Indian Renewable Energy Development Agency (IREDA) to foster renewable energy (RE) development in India, at the Make in India Week at Mumbai in February 2016. The MoU will boost green energy financing, strengthen the Bank’s efforts towards meeting the COP21 commitment of mobilizing USD 5 Billion for climate action by 2020 and help forge a close partnership between both institutions to create a supporting framework for funding of renewable energy and energy-efficient projects.
 

Focus on Energy Efficiency

The Ministry of Power and Bureau of Energy Efficiency (BEE) have constituted Partial Risk Guarantee Fund for Energy Efficiency (PRGFEE) for providing financial institutions (Banks/NBFCs) a partial coverage of risk involved in extending loans for energy efficiency projects. Under this program, YES BANK participated in the Energy Efficiency Services Ltd. (EESL) organized roundtable meeting with Banks/Financial Institutions/ESCOs in October, 2015 in Mumbai. At the meeting, YES BANK signed a charter with BEE for empanelment of Participating Financial Institutions (PFIs) under PRGFEE, which is expected to set the tone for other Banks/NBFCs to join this league and contribute in promoting Energy Efficiency in India.

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yes pay wallet

Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much more

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