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Press Release


Mumbai, August 11, 2018:

This is with reference to various messages being circulated through SMS, email and whatsapp about DMT services of YES BANK Business Correspondent (BC) and affiliated agents being stopped by RBI to carry out their business.

YES BANK would like to clarify that this information is absolutely incorrect and baseless. Certain miscreants with vested interest and clear intent to malign our reputation are spreading misinformation about the Bank. Please do not fall prey to such rumours and continue to carry out business as usual.

The Bank is already in the process of filing FIR against these identified miscreants.


YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. 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 29 states and 7 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

For media queries, please contact:

Swati Singh
Ph.: +91 22 3347 8051

Jyothi Goswami
Ph.: +91 22 3347 8051

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