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Press Release

YES BANK- RETAIL BANKING footprint expands to 500 branches covering all 28 states and 7 UTs across India

On YES BANK’s 9th Anniversary, coinciding with INDIA’s 67th Independence Day

Mumbai, Thursday, 15 August, 2013: YES BANK, India’s fourth largest private sector Bank, has further augmented its Retail Banking footprint by establishing its 500th branch. In accordance with its strategy to develop the inclusive financial and banking network across India, the BANK also has significant presence of 240 branches in rural or semi urban areas with population of less than 1 lakh people. The Bank with its comprehensive bouquet of retail products and services is now present in all 28 states & 7 union territories of India. YES BANK also has over 1050 ATMs pan India.

Speaking on this significant milestone, Mr. Rana Kapoor, MD and CEO, YES BANK said “Today is a proud day for INDIA as well as for YES BANK. As we celebrate India’s 67th Independence Day, coinciding with YES BANK 9th Anniversary, we are pleased to announce the establishment of our 500 branches pan India and over 1050 ATM’s as well as a total human capital base of over 7500 YES BANKers. With our expanded footprint, we intend to offer the best in-line innovative products and best in class service offerings that our existing customers enjoy, to more citizens across the length and breadth of our country and NRIs.”

YES BANK’s branches showcase cutting edge banking technologies which achieve YES BANK’s objective to transform branches from being a mere transaction outlets to ‘Service Oriented Advisory Centers’, thus shifting the focus from providing plain vanilla transactions to high-end value added services.


YES BANK’s Innovative offerings

Savings Account: 7% interest on balances over Rs 1 Lakh and 6 % for less than 1 Lakh.

NRI Deposits: Fixed deposit rates of upto 9.10% pa.

Single Password Access to all banking channels.

Comprehensive Life Cycle banking solutions for SMEs including Cash Management and Trade solutions

Wealth Advisory: Financial advice across Mutual Funds, Life and General Insurance, Real Estate, Art and Structured Products

YES Remit: Easy, fast and secured online money transfer option to India from Australia, UK, UAE and Eurozone.

YES BANK’s unique offerings:

YES BANK was the first Bank to offer Interest rate of 7% for Resident as well as Non-Resident Indians (NRE/NRO) Savings accounts, with balances over Rs. 1 Lakh and 6% interest for balances below Rs. 1 Lakh.

Additionally, some of the innovative services being offered free of cost are secure & instant money transfer including bill payments with two-factor authentication as well as an unique online aggregation service under the proprietary brand ‘MONEY MONITOR’ on the NetBanking platform. Voice enabled Phone Banking services and Mobile payment from one mobile number to another are amongst the many other convenient services that YES BANK offers.


YES BANK, India’s fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment of its Founder, Rana Kapoor and his top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the vision of “Building the Best Quality Bank of the World in India” by 2015.

For media queries, please contact:

George Koshy

Anil Mathew
Perfect Relations

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