Press Release

YES BANK awarded ‘Best Digital Payments System by Banks for Smart Cities’ Award

New Delhi, August 1, 2017: YES BANK, India’s fifth largest private sector Bank, was awarded the ‘Best Digital Payments System by Banks for Smart Cities’ during the Smart City Conclave Chandigarh on 29th July 2017. The felicitation was done by Smt. Asha Kumari Jaswal, Hon’ble Mayor of Chandigarh in presence of Mr. Anurag Aggarwal, Home Secretary of Chandigarh.

Commenting on the importance of Smart Cities, Mr. Rana Kapoor, MD & CEO, YES BANK and Chairman, YES Global Institute said, Developing globally competitive and vibrant Smart Cities will uplift the country’s economic prospects and enhance quality of life for our citizens. Massive infrastructure investment for these Smart Cities will serve as a major plank for business generation, job creation and improved urban-rural synergy.”

YES BANK has been a pioneer is creating Digital Payments ecosystem for Smart Cities, and is helping Smart Cities like Nashik, Udaipur & Puducherry in their journey towards becoming a ‘Less Cash’ driven Economy. In Nashik & Udaipur, YES BANK is automating the delivery of Government’s services to citizens by the way of automating the CFC, and coming up with a mobility app linked to an open loop ‘Rupay’ Prepaid card for the residents and merchants for making day to day payments. In Puducherry, YES BANK will launch an open loop ‘Rupay’ prepaid card with the Tourism Development Corporation.


YES BANK, India’s fourth 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 LARGE BANK OF THE WORLD IN INDIA”.

Swati Singh
Ph.: +91 9874560033

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