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Mr. Rana Kapoor Felicitated for Valuable Contribution Towards Promoting India – Australia Bilateral Relations

Mumbai, June 26, 2015:

The Indo Australian Chamber of Commerce (IACC) organized the Indo Australian Business Summit at the World Trade Center, Mumbai. The Summit focused on Australian Visa Procedures and Business Opportunities. The event saw participation from leading Australian business leaders & dignitaries, as also Indian Business groups with focus on Australia.

Mr. Rana Kapoor, MD & CEO, YES BANK and President ASSOCHAM was the Chief Guest and delivered a key note on Indo Australia trade & investment ties and key opportunities which could be tapped with certain policy intervention and support.

At the event, Mr. Rana Kapoor was felicitated by The Hon. Steven Ciobo, MP & Parliamentary Secretary to the Ministers for Foreign Affairs and Trade & Investment Australia and Hon. Counsel General for Australia to India – Mr. Mark Pierce. Mr. Kapoor was felicitated for his exemplary contribution towards promoting Indo-Australian bilateral relations.

Speaking at the summit, Mr. Rana Kapoor, MD & CEO, YES BANK said, “India and Australia are built on shared values of democracy, inclusiveness and diversity. As India navigates a significant economic transformation, Australia, with its advanced technologies and industries, can fully support the rapidly growing Indian economy to maintain its robust economic growth rate, with tremendous scope for cooperation in Education, Science & Technology, Infrastructure, Agri business, among other sectors.

It is truly humbling for me to be felicitated for promotion of Indo-Australia Bilateral Ties, by the Special Envoy Hon. Steven Ciobo and Consul General Mr. Mark Pierce. I would like to express my sincere gratitude to the Indo-Australia Chamber of Commerce (IACC) for bestowing this valued honour on me.”

In 2013, YES BANK entered into a strategic agreement with Australian Trade Commission (AUSTRADE), to mutually collaborate and co-operate on information sharing, business development, syndications, lending, trade finance and remittances. Through this partnership YES BANK has endeavored to boost its operations in the India – Australia corridor for trade and investments. Additionally, YES BANK has spearheaded a number of Australia focused knowledge initiatives in the sphere of mining and agriculture towards building stronger relationships based on knowledge sharing and engagements.

YES BANK has undertaken research on institutional models in agriculture and is currently doing research on the ‘Farmer Producer Organizations’ (FPOs) in India in the backdrop of Australian agrarian systems. This Indo-Australian research collaboration will draw out the best practices in the agriculture sector in Australia and their adaptation in the Indian context.

In 2015, Mr. Rana Kapoor was also felicitated for his exemplary contribution towards promoting Indo-Canada bilateral relations, by the High Commission of Canada and the Indo-Canada Business Chamber (ICBC).

About YES BANK LIMITED

YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its 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 offers 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 long term mission of “Building the Finest Quality Bank of the World in India” by 2020.

For media queries, please contact:

YES BANK Limited
Krunal Mehta
Ph.: +919867163634
Email: krunal.mehta1@yesbank.in

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