Mumbai, January 15, 2020:
“Recently there have been some unsubstantiated and irresponsible press/social media speculation about YES BANK. This release is being issued to firmly assure all our customers on YES BANK’s liquidity and stability. In this regard, it may be noted that the Bank’s overall Capital Adequacy Ratio is comfortably above regulatory requirements and all efforts are being made to financially strengthen the Bank even further. Kindly, therefore, pay no heed to these unfounded reports”.
About YES BANK
YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.
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. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 8 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/
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