THE YES BANK STORY
Introduction
YES BANK is an outcome of the professional entrepreneurship of its
Founder, Rana Kapoor and the support of his highly competent top
management team. Rana Kapoor has a proven track record as a
professional entrepreneur in successfully establishing and managing
Rabo India Finance Private Limited, a joint venture with Rabobank,
Netherlands. YES BANK has received the only greenfield license
awarded by the RBI in the last 14 years.
Foreign shareholding at 53% includes pedigree investors like Orient
Global, Rabobank, HSBC, Franklin Templeton, AIF, Khazanah Nasional,
Fidelity and Swiss Re amongst others. Senior management personnel
effectively hold 7% (direct/ stock options) on a fully diluted basis while
Rabobank as a financial investor owns 18.20%.
YES BANK was recently recognized among the World's 25 'Unsung'
Innovative Companies by the most prestigious publication -
BusinessWeek magazine. Earlier, YES BANK was ranked as India's No.
1 Bank (balance sheet size< INR 24,000 crore), in the Business Today-
KPMG Best Banks Annual Survey 2008. YES BANK also won the
prestigious Emerging Markets Sustainable Bank of the Year Award at
the Financial Times/ IFC, Washington Sustainable Banking Awards
held on June 3, 2008 in London. YES BANK was the only Indian Bank to
have won this award out of 182 entries from 129 institutions across 54
countries.
YES BANK was awarded the Financial Insights Innovation Award
(FIIA) for the Most Innovative e-Payments Solution on February 29,
2008, in Singapore. YES BANK was the only Indian Bank to receive this
accolade from amongst 150 nominations across Asia Pacific.
YES BANK has been ranked overall #1 amongst 56 banks on the key
parameter of Credit Quality and overall THIRD among New Private
Sectors Banks, in the Financial Express-E&Y Survey of India’s Best
Banks of 2007, announced on March 31, 2008. The Bank has also been
ranked #1 on Growth in its category (overall#2 on Growth).
YES BANK has also been ranked SECOND among Medium Size Banks
and the Fastest Growing Bank in its category, at the Business Today –
KPMG Survey of India’s Best Banks of 2007.
Earlier, YES BANK was ranked # 2 among New Private Sector Banks, at
the Financial Express Awards for India’s Best Banks for 2006, and
ranked # 3 the Business World survey of India’s Best Listed Public and
Private Banks for 2006, while emerging #1 on Growth, Efficiency and
Safety. The Bank has also been selected as a Founding Member of the
Community of Global Growth Companies at the World Economic
Forum, Davos. Further, the Bank has been included as a Chairman’s
Circle member of the US-India Business Council (USIBC). YES BANK
is the first and only Indian signatory to the Carbon Disclosure Project
(CDP) to address the highly pertinent issue of Climate Change.
The Bank completed its maiden IPO of 70 million shares in July 2005
raising INR 3,150 million of capital at a price of INR 45 per share. The
additional shares offered represented 25.93% of the Bank's paid-up
capital. The paid-up capital of the Bank, currently stands at INR 2,967
million. Tier I capital stood at INR 16.21 billion; Tier II capital including
Hybrid Tier I stood at INR 14.46 billion; Total Capital funds at INR 30.67
billion as on March 31, 2009. Shareholder’s Fund of the Bank currently
stands at INR 16.24 billion.
Key Highlights & Milestones:
Nov '03 Incorporation of YES BANK Limited
Mar '04 Capital infusion by promoters and key investors
May '04 RBI license to commence banking business
Aug '04 First branch at Mumbai & inclusion in second schedule of the
RBI Act
Aug '04 Launch of Corporate & Business Banking
Sept '04 Launch of Financial Markets business
Oct '04 Launch of Transaction Banking business
Dec '04 First quarter of operating profits
Feb '05 ISO 9001:2000 certification for back office operations
Mar '05 First quarter of net profits
June '05 Maiden public offering of equity shares by the Bank
Nov '05 Rana Kapoor, MD & CEO adjudged Start-up Entrepreneur of the Year
at the E & Y Entrepreneur Awards 2005
Mar '06 FY2006 - First full year of commercial operations; Profit of INR
553 million, ROA 2%
Sept '06 Foreign currency loan agreement with Wachovia Bank, N.A.
Oct '06 Raised INR 1.8 billion of long -term subordinated Tier II debt
Dec '06 Ranked No. 3 in the Businessworld survey of India's Best Listed
Banks, including public and private banks
Dec '06 Launch of YES MICROFINANCE INDIA, in partnership with
ACCION International, USA
Dec '06 Successfully completed the equity transaction of INR 120 crore
with Swiss Reinsurance Company, Zurich
Mar '07 Received the Euromoney – Trade Finance ‘Deal of the Year’
award for structured and innovative rural financing
Mar '07 Ranked No. 2 among New Private Sector Banks in the Financial
Express survey of India’s Best Banks for 2006
Mar '07 Raised INR 1.98 billion of Upper Tier II capital
Mar '07 FY2007 profits at INR 944 million
Apr '07 Launch of Demat Account Services
June '07 Launch of Business Banking – Financial Advisory division to
provide complete end-to-end financial advisory services to
Emerging Corporates and Business Banking – customers
July '07 Launch of a new electronic FX trading service in association
with Reuters
Aug '07 Launch of YES-International Banking
Aug '07 Rana Kapoor– Founder/MD & CEO won the CEO with HR
orientation Award at the Times Ascent HR Excellence Awards
Sep '07 Selected as a Founding Member of the Community of Global
Growth Companies at the World Economic Forum, Geneva
Sep '07 Received licenses to open 57 new branches nationally and 125
offsite ATMs in Mumbai & NCR taking the total licensed
network to 117 branches and 200 offsite ATMs
Sep '07 Received ‘The Most Improved Local Bank’ and ‘Salesperson in
Asian Currency Bond’ at The Asset Benchmark Survey, Sept 2007
Oct '07 Raised INR 182 crore of Upper Tier II Capital
Dec '07 Rana Kapoor, Founder/MD & CEO awarded the ‘PHDCCI
Distinguished Entrepreneurship Award 2007’ at the PHDCCI
Annual Awards for Excellence 2007
Dec '07 Won the ‘BSE/NASSCOM Best CSR Practice Award 2007’ at the
Social and Corporate Governance Awards 2007
Dec '07 Won the ‘IT People Award 2007’ for Innovation in Banking
Sector at the IT-People Awards for Excellence in Information
Technology
Jan '08 60 operational branches across 52 locations nationally and 75
offsite ATMs in Mumbai and NCR
Feb '08 YES BANK was awarded the ‘Financial Insights Innovation
Award’ (FIIA) for the Most Innovative e-Payments Solution in Asia
Feb '08 YES BANK has been ranked ‘SECOND among Medium Size
Banks’ and the ‘Fastest Growing Bank’ in its category, at the
Business Today- KPMG Survey of India’s Best Banks of 2007
Feb '08 YES BANK received the ‘Global HR Excellence Award and the
Employer Branding Award’ for Continuous Innovation in HR
Strategy in February 2008
Feb '08 YES BANK was ranked as the ‘Top Deal Maker in the Life
Sciences’ sector by Merger Market, a leading global news service.
YES BANK was also ranked 8th overall by value of deals
Mar '08 YES BANK has been ranked ‘THIRD among New Private Sectors
Banks’, in the Financial Express-E&Y Survey of India’s Best
Banks of 2007 & overall #1 on credit quality and # 2 on growth
Apr '08 67 operational branches across 57 locations nationally and 75
offsite ATMs & 2 National Operations Centres in Mumbai &
Gurgaon
Apr '08 FY08 profits declared at INR 2000 million
June '08 Awarded the ‘Emerging Markets Sustainable Bank of the Year’
Award at the Financial Times/IFC, Washington Sustainable
Banking Awards
June '08 Raised INR 3640 million (USD 85 million) in a combination of
Upper Tier II Subordinated Debt and Hybrid Tier I Capital from
Rabobank
June '08 Launch of YES COMMUNITY, a Responsible Banking initiative
across retail branches nationally
July '08 101 operational branches across 82 locations nationally, 81
offsite ATM’s and 2 National Operations Centres
Aug '08 Launched YES TOUCH Phone Banking Services in
collaboration with CISCO
Sep '08 Ranked No.3 in the All Asian Securitized Bonds League (Ex
Japan Ex-Australia) conducted by Thomson Reuters
Sep '08 Launched Money Monitor – an innovative online aggregation
service, powered by Yodlee
Oct '08 Fixed Deposit Rates at 10.75% p.a. for regular customers and
11.25% p.a. for senior citizens
Oct '08 101 operational branches across 82 locations nationally, 88 offsite
ATM’s and 2 National Operations Centres in Mumbai & Gurgaon
Dec'08 109 operational branches across 88 locations nationally, 93 offsite
ATM's in Mumbai, NCR and Pune along with 2 National
Processing Centres at Mumbai and Gurgaon
Dec'08 Strategic alliance with Mashreq Bank to open Indian Rupee
savings account and fixed deposits, and participate in the
signature YES First Wealth Management Programme
Dec'08 Ranked No. 8 in the Thomson Financial's Top Lead Manager of
Indian Rupee Bonds for the period January 2008 December
2008
Mar'09 117 operational branches across 92 locations nationally, 93
offsite ATM's in Mumbai, NCR and Pune along with 2 National
Processing Centres at Mumbai and Gurgaon
Apr'09 Recognized among the World's 25 'Unsung' Innovative
Companies by BusinessWeek magazine
Rating: ICRA (Moody's affiliate in India) has reaffirmed the Aalok EVP & Country Head - Credit HSBC, HDFC, Bank of
Bank's A1+ rating in August 2008 for its on-going INR 50 billion Gupta Risk, Small Business Banking America
Certificate of Deposit programme. A1+ rating indicates the highest Ravi Shankar EVP & Country Head- Cash ABN AMRO, HDFC
level of safety in the short-term. Management Services & Direct Bank
Banking
YES BANK's subordinated Tier II debt has been assigned a long-
Sandeep Managing Director - Financial Bank of America,
term credit rating of LAA- by ICRA and AA- by CARE. Sarkar Market, Sales ANZ Grindlays
Arun President & Global ICRA, Larsen &
Corporate Governance: Even at an early stage, YES BANK has fully
Agrawal Head- International Banking Toubro
complied with the recommendations of Ganguly Committee, the
Banking Regulations Act as well as the Clause 49 requirements of the Surendra EVP & Country Head - Indian ICICI Bank
Jalan Financial Institutions
stock exchanges in the formation of its Board of Directors and other
governance requirements. Aditya President & Senior Managing Rabo India Finance,
Sanghi Director - Investment Banking KPMG, Lazard India
Brand creation: The Bank believes that its differentiation begins Vikas Dawra Managing Director- Rabo India Finance
with its service and trust mark 'YES'. 'YES' represents the Bank's true Investment Banking
spirit of being service-oriented. The 'YES' brand creation effort is Sandeep Managing Director - Rabo India Finance
supported by 'Triton Communications', the principal advertising Baid Investment Banking
agency and 'Adfactors PR', the Bank's public relations consultant. Somak Group President - Corporate Rabo India Finance,
Ghosh Finance & Development Reliance, ICICI Bank
Institutionalized processes: The Bank has focused on prudent Banking
documentation of policies, processes and procedures to ensure Sanjay Palve GEVP & Country Head - ICICI Bank
consistent service delivery in all its offerings. Infrastructure & Structured
Finance
PricewaterhouseCoopers has advised the Bank in finalizing and Samir EVP & Country Head - DBS Bank Ltd.
standardizing its policy and procedure documents. Chawla Financial Restructurings
Varun Tuli Group President - Avigo Capital
Human Capital: The Human Capital engagement practices at YES Branch Banking Partners, Strategic
BANK are targeted at developing the YES BANK brand as an Capital Corporation,
‘Employer of Choice’. The Bank has focused on attracting and Lehman Brothers,
retaining the best talent from India and abroad. Within a short span Bank of America
of 3 years, management talent at YES BANK is regarded as one of the Suhail President - Wealth ABN Amro,
best in the Indian Banking sector. YES BANK aims to build a culture Kazmi Management Bank of America, HLL
and environment that supports Professional Entrepreneurship, and
Suresh Sethi Group President - Transaction Citibank N.A.
is built on the core principle of creating and sharing value. Banking
Lovekesh EVP & Country Head - Equinox Global
Some of the key initiatives undertaken to strengthen our human
Dev Retail Banking & Wealth Services
capital are as follows:
Management - Operations
Rajat Monga President - Financial Markets Rabo India Finance
YES– Professional Entrepreneurship Program (Y- PEP): The Y-PEP
& Chief Financial Officer
program is designed around the concept of talent development,
which aims to ensure the presence of an experienced, dynamic, Kavita Group President & Chief Kotak Mahindra
energetic and driven team of professionals in junior, middle and Venugopal Risk Officer Capital Company
upper management to implement various strategic and growth Nilanjan EVP & General Counsel ICICI Bank
responsibilities of the Bank. Sinha
Devamalya President & Country Head - Citibank N.A.
YES Mentor: The focus of this program is to engage the Bank’s high Dey Audit & Compliance
potential human capital, ensure their finest well being and integrate Shubhada Chief Economist Kotak Institutional
them culturally and professionally into the YES BANK mainstream. Rao Equities, Bank of
Baroda
YES School of Banking: This program is initiated with a vision to Deodutta President - Human Capital Bajaj Allianz Life
create a centre of excellence for learning solutions in banking and Kurane Management Insurance
related areas. All initiatives of YSB shall be centered on values of Umesh Jain President & Chief Citigroup IT Operations
Knowledge, Innovation, Excellence and Entrepreneurship, derived Information Officer & Solutions (CITOS)
from the overall values of YES BANK. Alok Rastogi President & Chief Citibank N.A.
Operating Officer
Key members of our management team: Kalyan EVP & Country Head - Food Rabo India Finance
Chakravarthy & Agribusiness Strategic
Name Designation Previous Employer Advisory and Research
(FASAR)
Rana Kapoor Managing Director Rabo India Finance,
& CEO ANZ, Bank of America Tushar EVP & Country Head - Rabo India Finance
Sunil Gulati Group President - CorporateGE Commercial Pandey Strategic Initiatives &
& Institutional Banking Finance, ING Vysya, Advisory- Government (SIG)
Bank of America Vivek Mehra Managing Director - VA TECH Finance
Deepak President - Government ICICI Bank, Sustainable Investment Pvt. Ltd
Gaddhyan Relationship Management Entrepreneur Banking
Sumit Gupta President - Commercial Rabo India Finance, Rita Soni Country Head - Responsible American India
Banking Standard Chartered Banking Foundation
Bank Ankush Country Head - Infrastructure Bharti Axa Ltd,
Rajnish President - Small AMEX, Birla Global Sambhoo & Facilities Management Bennett & Coleman, Jet
Datta Business Banking Finance Ltd. Airways & Mc Donald’s
Sanjay EVP & Country Head - Credit Standard Chartered Om Ahuja EVP & Country Head - DSP Merill Lynch Ltd.
Agrawal Risk, Branch Banking Bank Investment Management
Business Strategy The Board members are:
Knowledge Banking: One of the strengths and differentiating Rana Kapoor Managing Director & CEO
features of YES BANK is its Knowledge Banking approach that Chairman, Nominations & Governance
is the main element of all offerings to its customers. Knowledge Committee
has been institutionalized as a key ingredient in all internal Founding Promoter
and external processes and utilized to create customized
solutions for the clients’ specific requirements. The Bank has
Wouter Kolff Former Vice-Chairman, Managing Board,
identified certain focus sectors based on the following
Rabobank International, Netherlands,
parameters:
ABN Amro, Europe
Potential to add value in providing banking products; Independent Director
Recognition and appreciation of knowledge as a
differentiator; Sipko Schat Member, Executive Board, Rabobank
Growth potential of the sector; Member, Netherlands (Nominee)
Opportunities for banking products and competitor
activity; Bharat Patel Chairman, Investor Relations Committee
India’s competitive position internationally, in the sector. Non Executive Chairman, Procter &
Gamble, India
Responsible Banking: YES BANK has a vision to champion Independent Director
‘Responsible Banking’ in India, where the concepts of Corporate
Social Responsibility (‘CSR’) and Sustainability are integrated
S.L. Kapur Former Secretary, Govt. of India
in its Business Focus. YES BANK is committed to adding long
(Ministry of Food Processing & SSI)
term value to society, to differentiate itself in the marketplace
based on a strong ‘sustainability mandate’ and to build in Chairman, Audit & Compliance
Committee
flexibility and openness as part of its core strategy. YES BANK
received the Environment Leadership award from USAID for Chairman, Board Remuneration
contributions made through working in partnerships to Committee
improve the environment /quality of life for the people of Independent Director
Asia. YES BANK was the only Bank from Asia (ex Japan) to be
nominated across all five categories at the Financial Arun K Mago Former Chief Secretary, Govt. of
Times/IFC, Washington – Sustainable Banking Awards 2006, Maharashtra
and the only Indian Bank to be on the final shortlist for the Independent Director
Emerging Markets Sustainable Bank of the Year award.
YES BANK won the prestigious Emerging Markets Radha Singh Former Union Agriculture Secretary,
Sustainable Bank of the Year Award at the Financial Times/ Government of India
IFC, Washington Sustainable Banking Awards held on June 3, Independent Director
2008 in London.
The Bank is very active at global thought leadership forums like Ajay Vohra Managing Partner of the Corporate, Tax
the Clinton Global Initiative (CGI), Triple Bottom Line Investing and Business Advisory Law firm, Vaish
(TBLI), Tallberg and Bellagio Forums. Associates
YES BANK is the first Indian Bank to become a signatory with Independent Director
UNEP FI, a unique global partnership between the United
Nations Environment Programme (UNEP) and the private government companies and PSUs, YES BANK is leveraging on
financial sector, to launch their India initiative. This partnership the strong corporate relationships of the Founder and the top
has been aimed to support and expand the Bank’s Responsible management teams, domain expertise in focus sectors and its
Banking practice which combines the Triple Bottom Line product suite viz., financial markets, transaction banking and
approach of combining sustainability with commercial returns. financial advisory services to offer a ‘one-bank’ experience to
customers. YES BANK targets C&IB customers through its
Corporate Social Responsibility has been encapsulated in
multifunctional branches in the key metropolitan cities.
YES BANK’s pioneering ‘Responsible Banking’ strategy,
which addresses key areas of sustainability with the core tenets The Bank’s Relationship Managers in close collaboration with
of Corporate Social Responsibility – Engagement and Risk YES Knowledge Bankers and Product Managers follow a
Benchmarking, Sustainability and Environmental Management, diagnostic approach of evaluating specific financial needs, and
Socially Responsible and Sustainable Investing (SRSI), and provide tailor-made solutions; structuring product offerings
Social Investment Projects. taking into account the client’s risk profile and growth
requirements.
YES BANK has received the prestigious Euromoney – Trade
Finance ‘Deal of The Year’ award for a structured & innovative Commercial Banking (CB): Is dedicated to partner with
Rural Financing solution in providing loans to over 2000 growth-focused, fast-paced enterprises, who are emerging as
nomadic honey bee farmers, thereby facilitating financial leaders in their respective business areas.
inclusion in the state of Jammu & Kashmir. YES BANK was the YES BANK’s emphasis on Effective CRM led practices,
only Indian private sector Bank to have won this award as the leveraged by specialized Knowledge Management skills, has
lead arranger out of a total of 367 deals presented across 30 enabled Emerging Corporates Banking to become a truly
countries. entrepreneurial performance-driven business division.
Business lines: YES BANK has three distinct business segments Branch Banking: To cater to the needs of the Small and Medium
to effectively service the differentiated needs of its target Enterprises (SME), YES BANK has set up a dedicated business
customers. group to focus on delivering superior banking solutions
Corporate & Institutional Banking (C&IB): To cater to the specially designed to meet the varying and dynamic needs of its
needs of large corporate & institutional clients, MNCs, SME clients.
With Knowledge Banking as a strategic differentiator,
Emerging Corporates Banking and Business Banking are
positioned to be key value drivers. YES BANK has already
identified focus sectors to deliver a complete range of customer-
focused banking services to its customers.
The Bank also recognizes that risk management is a key to
success in this business and is constantly focusing on enhancing
the robustness of the credit architecture.
Indian Financial Institutions (IFI) Relationship Management:
Indian Financial Institutions spearheads the relationship
development efforts of the bank with the various Banks and
Financial Institutions nationally. The IFI team at the Bank offers
an array of services like Debt Capital market, Investment
Banking, Transaction Banking, Syndication etc. to the following
set of clients: Domestic Banks, Mutual Funds, Insurance
Companies, Financial Institutions, Non Banking Finance
Companies (NBFC), Private Equity Funds and Brokers (both
Capital market and Commodity market). The team leverages its
relationship to raise resources for the bank.
YES-International Banking: Offers a complete suite of
international banking products and services, driven by
state-of-the-art technology, which includes Debt, Trade Finance,
Corporate Finance, Investment Banking and Business Advisory
Services, Treasury and Global Indian Banking. The Bank also
plans to leverage its international presence, for its capital raising
activities. These services will initially be through partnerships
with international banks and financial institutions followed by
the establishment of branches and representative offices, as per
regulatory approvals.
Retail Banking & Wealth Management: Choice of the Bank’s
brand name, ‘YES BANK’ emphasizes its focus on Retail
Banking. The Bank intends to develop Retail Banking into a key
value driver. YES BANK offers its customers Choice &
Convenience, reflected in its branch layout & design, product
feature/design, options of distribution channels and superior
technology enabled service quality and direct bank capabilities.
YES BANK predominantly offers value added retail liability and
third party wealth management products through its sales and
service network linked to its branches.
At key locations, YES BANK is opening multi-functional
branches domiciling, both Business Banking and Retail Banking
offerings. The remaining branches, mainly in the Northern &
Eastern regions would be increasingly retail branches providing
predominantly retail liability, third party wealth management
and retail asset products.
Product lines: YES BANK offers a wide range of fee- based
products to corporate and business banking customers to ensure
a high degree of cross-sell to clients.
Financial Markets: An experienced team has been operational,
comprising professionals drawn from various foreign and
Indian banks. Given the growing trajectory of the Bank, the
primary focus of the Financial Markets business is the
origination of client related business and its efficient execution
as well as establishment of counter party relationships with all
Indian and foreign banks and financial institutions. YES BANK
provides both basic as well as structured financial products to a
wide range of Institutional and Corporate clients. In the initial
years, Financial Markets business intends to engage in
momentum trading with small exposures only. YES BANK
Financial Markets was ranked second in the ‘Best for currency
strategy’ and ‘Best for technical analysis’ categories at the Asia
Money 2005 foreign exchange poll for India.
Corporate Finance / Investment Banking / Branch Banking –
Financial Advisory: Are dedicated teams that focus on raising
growth capital, M&A, private equity / private placement,
corporate / capital restructuring transactions, structured project
finance, infrastructure banking in some of the key focus sectors
of YES BANK. The effort is to actively partner with our clients in
their entire business cycle by developing long-term financial
advisory and banking relationships, in conjunction with the
Corporate & Institutional Banking, Emerging Corporates
Banking and Business Banking divisions. This integrated
approach of providing banking as well as advisory services not
only translates into a more compelling proposition for
customers but also facilitates systematic management of
customers from the bank’s perspective through an EVA/
RAROC based financial model. YES BANK Investment Bank
was ranked No. 1 in M&A ‘outbound cross border transactions’
and No. 5 in M&A ‘overall’ category in the Bloomberg April 18,
2006 league tables.
Transaction Banking: The Transaction Banking Group at
YES BANK is a core product group focused on “Financial
Supply Chain Management” of the Corporate and offers
services under YES TRANSACT product suite, which broadly
consists of three specialized product domains namely Cash
Management Services, Trade Finance and Services and Capital
Markets & Escrow Account Services. The group has
successfully developed and implemented unique and
customized product propositions for specific industry verticals,
at times playing a pioneering role in the market.
The Cash Management Services offers value added solutions
for Working Capital Management of the corporate aimed at
streamlining the domestic supply chain business flows by
optimizing the Payables and Receivables cycles and providing
superior Liquidity Management options.
The Trade Finance and Services is aimed at addressing the trade
related requirements of the corporate, both on the domestic and
international front, covering Import and Export services and the
underlying financing structures. This domain also covers
Channel Financing and Bill Discounting services for domestic
corporates.
The Capital Markets & Escrow Account Services cater to the
corporate needs of Banker to Issue services for Initial Public
Offers, Rights Issues and Qualified Institutional Placements;
Interest/Dividend Payouts and Escrow Account Services.
Private Banking: YES BANK is focusing on personalized
relationship banking for its top end HNI customers, supported
by structured financial solutions tailor-made to suit the needs of
such customers.
Development Banking (DB): This group is one of the unique
strengths of YES BANK and comprises five distinct verticals
FASAR – Food & Agribusiness Strategic Advisory and Research
(FASAR), Strategic Initiatives - Government, Agri, Micro &
Rural Banking and CSR, Responsible Banking (RB) and
Microfinance.
Food & Agribusiness Strategic Advisory and Research
(FASAR) team is driven by sector experts with relevant
educational background and industry experience, who provide
sectoral knowledge on industry trends and growth prospects in
the Agribusiness sector. YES BANK aims to be a dominant
player in the Food and Agribusiness (F&A) sector and provides
end-to-end financial solutions for stakeholders across the entire
agricultural value chain.
Strategic Initiatives & Advisory – Government (SIA-G)
division has been institutionalized as the key Management
Intelligence Group to orchestrate a new age wave of
knowledge banking, using the Knowledge Banking approach
by working on Public Private Partnership (PPP) concepts and
projects with the Government, both Central and State, and
multilateral institutions, in the sunrise sectors of India, including
Integrated Agribusiness, e-Governance, Infrastructure,
Biotechnology, Tourism, and Education, and others.
Agri, Rural & Social Banking (ARSB) addresses the important Organisation Nature of Partnership
area of Agri lending and Rural Banking through innovative Agricultural Agricultural Insurance
structured finance and risk management solutions for supply- Insurance Company
chain management and development of agri-infrastructure. ACCION International Microfinance
CMC NSDL Depository Participation (DP)
Microfinance: YES BANK is committed to Creating Equal
Bajaj Allianz General Insurance
Financial Opportunities, Enabling Financial Inclusion. The
Bharti Airtel Telecom Connectivity
Bank has a two pronged strategy to provide easy access to
Bill Desk Online bill payment facility
suitable financial products and services to unbanked low
CashTech Cash Management and Financial
income communities across urban and rural India. The Supply chain
Microfinance Institutions Group (MIG) focuses on CISCO Technology Innovation & Infrastructure
commercially sustainable Micro Finance Intuitions to provide DeLaRue Teller Automation and Cash Dispenser
innovative financial solutions to ensure long-term sustainability Solutions
and plays a pro-active role in advocacy on policy and regulatory eFunds ATM and Card Payments Solutions
issues to enable the growth of the sector. IBM Infrastructure on demand
i-flex Core Banking and Internet Banking
YES SAMPANN, the specialized division of the Bank focusing solutions
on Direct Intervention, setup in technical collaboration with Intel Technologies Wireless Fidelity (wi-fi) branch banking
ACCION International, Washington is making provision for solutions
credit, savings, micro-insurance and other financial products at J P Morgan Chase International Pre-paid Travel Card
the door step of the low income customer through use of MasterCard International Gold & Silver Debit cards
best-in-class processes, innovative delivery channels, superior International International
credit rating methodologies and state-of-the-art technology Max New York Life Life Insurance
architecture, for the first time by a Bank in India. Murex Integrated Risk Management and
Treasury solution
Technology and Operations: As a new generation Bank, Microsoft Enterprise Agreement for Servers,
YES BANK has the advantage of accessing the latest available Desktops and other products
technology. The Bank has taken a calibrated decision to invest in NABARD/NABCONS Strategic Advisory for Food & Agri
the best IT systems and practices in order to make its technology Sector
platform a strategic business tool for building a competitive NewGen Software Cheque Truncation Solution
Technologies
advantage. The Bank has outsourced a significant part of its
NSIC Financial Solutions & Advisory for
technology, infrastructure and hardware requirements. This Small Scale Industries
technology platform has enabled the Bank to achieve high Nuance Speech Recognition solutions
standards of customer service at comparatively lower cost Obopay Mobile Payments Solution
structures. Gartner advised the Bank in adopting global best Nucleus Software Retail Assets Platform
practices in its IT strategy and technology roadmap. YES BANK Portwise Internet Banking Security
was awarded ‘IT Innovations in Emerging India’ by Reliance Infocomm WAN MPLS Backbone and Data Centre
NASSCOM in April’06. The award was in recognition of the Hosting
Bank’s adoption of innovative technologies for increased Reuters Online Forex Trading System
customer satisfaction and for improving process efficiencies. Servion Global Integration Partners for the
One of the key features of the Bank’s technology strategy is to YES TOUCH Phone Banking Service
establish long-term partnerships with best-in-class technology SIDBI Financial solutions for SMEs
service providers that enables co-creation of value and offers Sify Communications Redundant WAN MPLS Backbone and
differentiated solutions to its customers. YES BANK has been ATM connectivity
accredited with ISO9001: 2000 certification from BVQI for all VSNL Data Centre Hosting
its back office processes and operations and has won some Wipro Total technology outsourcing
technology awards since inception. Wincor Nixdorf Self service solutions: ATM’s and
Financial Kiosks
Partners: YES BANK has formed strategic alliances/ Yodlee Online Personal Finance Management
partnerships with some of the best known corporations in India
and globally.

YES BANK Branch Network - 117 branches across 92 locations

NORTH : Agra, Aligarh, Allahabad, Alwar, Amritsar, Atta, Baddi, Baghpat, Bareilly, Bhilwara, Bhiwadi, Chandigarh, Dehradhun,
Dharuheda, Faridabad, Gajraula, Garhi Harsaru, Ghaziabad, Gurgaon (2), Indore, Jaipur, Jalandhar, Jammu, Jhajjar, Jhansi,
Jodhpur, Kanpur, Kapurthala, Kashipur, Kishangarh, Kosikalan, Lucknow, Ludhiana, Mandi Gobindgarh, Manesar, Mathura,
Mohali, Moradabad, Muktsar, New Delhi (10), Noida, Panchkula, Panipat, Pathankot, Rai, Rajpura, Rajsamand, Rudrapur,
Shakarpur, Shimla, Shrinagar (Hathras), Srinagar, Surajpur (Greater Noida), Udaipur, Wazirabad
WEST : Ahmadnagar, Ahmedabad (2), Aurangabad, Baroda, Bhavnagar, Boisar, Butibori, Kolhapur, Margao, Mumbai (8), Nagpur,
Nashik, Panjim, Pune (2), Rajkot, Surat, Thane (2), Vapi, Vasai, Vashi, Waluj
SOUTH : Bangalore (2), Chennai (2), Coimbatore, Hyderabad (2), Kochi, Mangalore, Salem, Sriperumbudur, Visakhapatnam
EAST : Bhubaneswar, Chas Bokaro, Durgapur, Durg-Bhilai, Guwahati, Kolkata, Raipur, Ranchi, Rourkela
RESULTS UPDATE (FY09 & Q4FY09)

YES BANK – Results Update (FY09 and Q4FY09)

Key Financial Highlights

YES BANK

! Net Profit after Tax of Rs. 3038.4 million in FY09 compared to Rs. 2000.2 million in FY08 representing an increase of 51.9%;
Net Profit after Tax of Rs. 801.1 million in Q4FY09 compared to Rs. 645.1 million in Q4FY08 representing an increase of
24.2%
! Net interest income (NII) of Rs. 5111.8 million in FY09 compared to Rs. 3305.7 million in FY08 representing an increase of
54.6%; NII of Rs. 1552.2 million in Q4FY09 compared to Rs. 1067.4 million in Q4FY08 representing an increase of 45.4%
! Total Net income (NII plus Non Interest Income) of Rs. 9801.6 million in FY09 compared to Rs. 6912.4 million in FY08
representing an increase of 41.8%; Total Net income of Rs. 2449.8 million in Q4FY09 compared to Rs. 2143.2 million in
Q4FY08 representing an increase of 14.3%
! Operating Profit of Rs. 5616.1 million in FY09 compared to Rs. 3500.8 million in FY08 representing an increase of 60.4%;
Operating Profit of Rs. 1539.4 million in Q4FY09 compared to Rs. 1209.4 million in Q4FY08 representing an increase of 27.3%
! Non-interest income to total income ratio of 47.8% in FY09; 36.6% in Q4FY09
! Cost to Income ratio of 42.7% in FY09; 37.2% in Q4FY09
! Advances at Rs. 124.0 billion as at Mar 31, 2009; growth of 31.5% y-o-y
! Gross yield on advances of 12.8% in FY09; 13.0% in Q4FY09
! Deposits at Rs. 161.7 billion as at Mar 31, 2009; growth of 21.8% y-o-y
! Cost of funds of 9.0% in FY09; 8.8% in Q4FY09
! Net Interest Margin of 2.9% in FY09; 3.0% in Q4FY09
! Gross NPA at 0.68% to Gross Advances as at Mar 31, 2009
! Net NPA at 0.33% to Net Advances as at Mar 31, 2009
! Loan loss provisions of Rs. 265.4 million in FY09; total loan loss provisions of Rs. 791.2 million as at Mar 31, 2009
! Total loan loss coverage ratio of 144.7%; Specific loan loss coverage ratio of 51.5% as at Mar 31, 2009
! Total Capital Funds (Tier I + Tier II) of Rs. 30.67 billion as at Mar 31, 2009
! Basel II Capital Adequacy Ratio of 16.63% at Mar 31, 2009 (Tier I at 9.50%)
! Return on Average Assets of 1.52% in FY09; 1.50% (annualized) in Q4FY09
! Return on Equity of 20.7% in FY09; 20.2% (annualized) in Q4FY09
! Book value per share of Rs. 54.69 as at Mar 31, 2009
! Basic EPS of Rs. 10.24 and Diluted EPS of Rs. 10.14 for FY09; Rs. 2.70 and Rs. 2.67 for Q4FY09
! Total headcount stands at 2671 as at Mar 31, 2009

Key Business Highlights

! Well capitalized for upturn: Basel II Tier I capital of 9.50% and CRAR of 16.63% as at Mar 31, 2009 provide significant
headroom for growth. During the fiscal year, Bank mobilized capital funds of Rs. 10.6 billion (the highest since inception in
the most challenging environment) including Rs. 1.54 billion of Tier I Perpetual Capital Bonds during Q4FY09 (issue over-
subscribed by 105%), the first by any Indian private sector Bank during FY09. Total capital funds stand at Rs. 30.67 billion as
at Mar 31, 2009 (Rs. 20.72 billion as at Mar 31, 2008).
! Strong Asset Quality: High quality corporate exposure (80% of the externally rated exposure rated ‘A’ and above) resulted
in 13% reduction of total RWA for the bank improving the CRAR to 16.63% under Basel II as against 14.53% under Basel I as
at Mar 31, 2009; manageable Gross and Net NPA ratios coupled with prudent provisioning policy (total provisioning cover
of 144.7% as at Mar 31, 2009).
! Sustainable NIM in a challenging macro-environment driven by pricing power on Corporate loan book and re-pricing of a
relatively higher proportion of interest sensitive liabilities; NIM of 2.9% in FY09 (2.7% in FY08).
! Superior Shareholders’ returns: Amongst the highest RoE (20.7%) and RoA (1.52%) in the Banking industry during FY09
signifying sustained and profitable revenue growth during a difficult year for the economy.

Continuing Awards & Recognitions

! YES BANK was ranked as one of the World’s 25 ‘Unsung’ Innovative Companies by the leading international BusinessWeek
magazine. The ‘Unsung’ list is based on a Boston Consulting Group survey of senior executives across the world when
asked to name an innovator others would not have thought of. YES BANK is the only Indian Bank to be ranked in this
prestigious global ranking.
! YES BANK was recognized with a Special Citation for its Innovative & Superior Direct Banking Services, at the Financial
Insights Innovation Awards (FIIA) 2009 presented at the 5th Annual Asian Financial Services Congress held at Singapore on
February 27, 2009.
RESULTS UPDATE (FY09 & Q4FY09)

Summary Results & Prior Period Comparison

Rs. Million FY09 FY08 Growth% Q4FY09 Q4FY08 Growth %
YES BANK

Net interest income 5,112 3,306 54.6% 1,552 1,067 45.4%

Non interest income 4,690* 3,606 30.1% 898 1,076 -16.6%
Total net income 9,802* 6,912 41.8% 2,450 2,143 14.3%
Operating expense 4,186* 3,411 22.7% 911 934 -2.5%
Operating profit 5,616* 3,501 60.4% 1,539 1,209 27.3%
Provisions & contingencies 958* 435 120.2% 322 228 41.0%
Provision for tax 1,621 1,065 52.2% 416 336 24.0%
Profit after tax 3,038 2,000 51.9% 801 645 24.2%

Sustainable Revenue Generation – Well Positioned for Upturn

o Pricing power on loans driven by a predominantly Corporate loan book and re-pricing of a relatively higher proportion
of interest sensitive liabilities resulted in improved margins (NIM of 2.9% in FY09 versus 2.7% in FY08)
o Increasing share of vanilla commercial banking revenues (transaction banking, remittances, FX sales, retail fees &
charges), negligible dependence on capital markets (no presence in equity broking, no prop desk for equities), and
new/emerging lines of business – Debt Capital Markets (marquee clients include L&T, HDFC, Grasim, PFC), Loan
Syndication (SKS Micro Finance) provided a stable non-interest income stream during FY09

Income and Profitability trends and Prior Period Comparison

Rs. Million Q4FY09 Q3FY09 Q2FY09 Q1FY09 Q4FY08

Net Interest Income 1,552 1,204 1,226 1,130 1,067
Non Interest Income 898 1,935 918* 939* 1,076
Transaction Banking (Trade/ Guarantee) 252 187 282 207 178
Financial Markets 332 1,490 271 252 347
Financial Advisory 204 127 240 336 318
3rd party distribution and others 110 131 125 144 233
Total Income 2,450 3,139 2,144 2,069 2,143
Non Interest Income as a % of Total Income 37% 62% 43% 45% 50%
Operating Expense 911 1,295 1,049 931 934
Operating Profit 1,539 1,844 1,095 1,138 1,209
Net Profit 801 1,058 636 543 645
Cost to Income ratio 37% 41% 49% 45% 44%
NIM 3.0% 2.8% 2.8% 2.9% 3.1%
RoA (Annualized) 1.50% 2.16% 1.39% 1.26% 1.61%
RoE (Annualized) 20.2% 28.4% 18.1% 16.1% 20.1%
* Adjusted for a like to like comparison
Summary Balance Sheet & Prior Period Comparison

Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, Growth over
Rs. Million
2009 2008 2008 2008 2008 Mar 31, 2008
Assets 229,008 197,466 193,545 173,895 169,824 34.8%
Advances 124,031 109,349 115,149 100,517 94,303 31.5%
Investments 71,170 69,528 51,452 50,715 50,937 39.7%
Liabilities 229,008 197,466 193,545 173,895 169,824 34.8%
Shareholders’ Funds 16,242 15,441 14,383 13,742 13,189 23.1%
Hybrid Tier I + Tier II Funds 14,460 12,920 12,920 10,920 7,275 98.8%
Total Capital Funds (Tier I + Tier II) 30,674 28,478 27,455 24,938 20,720 48.0%
Deposits 161,694 135,391 143,384 125,522 132,732 21.8%
RESULTS UPDATE (FY09 & Q4FY09)

Resilient and High Quality Asset Profile

YES BANK

Strong Asset Quality

o Gross NPA at Rs. 849.3 million (0.68% of Gross Advances)
and Net NPA at Rs. 411.6 million (0.33% of Net Advances)
as at Mar 31, 2009
o Adequate credit provisioning buffer; specific provision
stands at Rs. 437.7 million (51.5% of Gross NPA) while
total provision stands at Rs. 1228.9 million (144.7% of
Gross NPA) as on Mar 31, 2009
o Prudent provisioning policy ensuring general provision
cover significantly more than regulatory requirement
Manageable exposure to stressed industries
o Knowledge based approach to lending; Food and
Agribusiness, Engineering, Infrastructure & Logistics,
TMT (Technology, Media & Telecom) and Lifesciences &
Food and
Chemicals constitute approx. 74% of total advances as at Agribusiness; 22%
Others; 27%
Mar 31, 2009
o Manageable exposure to stressed sectors; total exposure to
real estate, iron and steel, sugar, textiles, auto components
sectors is about 10%
o No NPA or restructurings in real-estate sector; security
cover for real-estate exposure stands at more than 3.5
times the current outstanding
o No international presence; no exposure to toxic assets Infrastructure &

o Less than one third of regulatory limits utilized towards TMT; 13%
Logistics; 15%

capital market exposure Engineering; 16%

o No secondary market equity exposure since April 2008; Lifesciences &

Chemicals; 7%
Zero risk in this asset class
o No pending legal cases by/ against the Bank related to
treasury exposures
Healthy loan book predicated on large and mid Corporates
o More than 92% of Non-PSL advances towards large
(Wholesale Banking) and mid (Commercial Banking) Business
Banking - SME;
Retail (Including
Small Business
Corporate clients 6.2% Loans); 1.1%

o Fully collateralized SME portfolio constitutes 6.2% of total Commercial

Non-PSL advances as at Mar 31, 2009 Banking; 29.2%

o 85% of PSL advances structured as pooled credit to

institutional distributors/ vendors with embedded risk
mitigants
o Weighted average sales turnover of Wholesale Banking
clients at approx Rs. 18 billion; Rs. 4.3 billion for
Commercial Banking clients; sales turnover of SME clients
generally between Rs. 500-1000 million
Wholesale
o High quality corporate exposure (80% of the externally Banking; 63.5%

rated exposure rated ‘A’ and above) resulted in 13%

reduction of total RWA for the bank improving the CRAR
to 16.63% under Basel II from 14.53% under Basel I as at
Mar 31, 2009
Insignificant exposure to retail assets
o Retail advances (including Small Business Loans) of Rs. 1066 million as at Mar 31, 2009
o No exposure to credit cards segments, mortgages, auto loans
Disclosure on Restructuring
o Approximately 87% of Gross NPA is currently under Restructuring
o All Corporate Restructuring cases are in Wholesale/ Commercial Banking segments; no NPAs or Restructuring in
SME segment currently
RESULTS UPDATE (FY09 & Q4FY09)

Details of Restructuring exercise during FY09 is as follows

YES BANK

o
O/s (Rs. million) % of Advances
Completed Restructuring (All Standard Assets) 293.9 0.24%
Under Restructuring (All Standard Assets) 200.4 0.16%
Under Restructuring (Classified as NPA) – Corporates 715.6 0.58%
Under Restructuring (Classified as NPA) – Retail 27.0 0.02%

Well Diversified Liabilities Mix Relatively Better positioned to Benefit from Declining Interest Rates
o Diversified, granular and sticky deposits mix from
multiple sources
o Steady growth in number of liability accounts (From
both retail and corporate segments); total deposits grew
by 21.8% to Rs. 161.7 billion in FY09
o Continuous management focus on increasing CASA
(8.74% of total deposits as on Mar 31, 2009) through
increased branch penetration and cash management
products; CASA grew by 25.1% to Rs. 14.1 billion in
FY09
o Large proportion of interest-sensitive liabilities
resulting in significant reduction in cost of funding for
the bank in the current low interest rate regime

Well-capitalized for Upturn

o Successfully raised more than Rs. 10.6 billion of Tier I (including Hybrid Tier I and Retained Earnings) and Tier II
capital in FY09 (the highest since inception in the most challenging times for the economy) including
! Rs. 3.64 billion in a combination of Rs. 3.43 billion Upper Tier II and Rs. 0.21 billion of Hybrid Tier I capital from
Rabobank (Europe’s only AAA rated Bank) in Q1FY09
! Rs. 2.0 billion of Upper Tier II subordinated debt from Life Insurance Corporation of India in Q2FY09
! Hybrid Tier I (perpetual bonds) of Rs. 1.54 billion in Q4FY09; the first by any Indian Private Sector Bank in FY09
o Basel II Tier I at 9.50% and total CRAR at 16.63% as on Mar 31, 2009 providing significant head room for growth
o Total capital funds of Rs 30.67 billion as at Mar 31, 2009 as against 20.72 billion at Mar 31, 2008. Full retention of
earnings since inception.
o Weighted average residual tenor of Tier II capital stands at more than 12 years currently; only Rs. 1000 million
repayable in the next 5 years; Hybrid Upper Tier II is 75 % of Tier II
o Bank continues to be rated A1+ for short terms and LAA- for subordinated long term debt offerings by ICRA

Knowledge & Sustainability Initiatives

o YES BANK was a Knowledge Partner at the 6th Global Knowledge Millennium Summit 2009 organized by
ASSOCHAM.
o YES BANK was the Knowledge Partner to a thought leadership Summit – ‘The Great Migration Wave: Is Urban India
Ready?’ in New Delhi on January 23, 2009, organized by the American India Foundation.

Retail Banking & Wealth Management

o YES BANK has 117 operational branches across 92 cities
nationally, 93 offsite ATM’s in Mumbai, NCR and Pune along
with 2 National Processing Centres at Mumbai and Gurgaon
as at Mar 31, 2009.

Shareholding Pattern
o Foreign shareholding at 50% as at Mar 31, 2009
o Key pedigree foreign shareholders include Rabobank, Orient
Global, AIF Capital, Khazanah Nasional, HSBC Global
Investment Fund, Swiss Re among others
 KNOWLEDGE AND EXPERTISE
HAVE EARNED US MANY ACCOLADES,
BUT OUR GREATEST RECOGNITION IS
YOUR TRUST.
INSTITUTIONAL EXCELLENCE BUSINESS EXCELLENCE

Euromoney - Trade Finance

Recognized amongst Ranked FIRST amongst THIRD amongst New Private
the Top 25 ‘Unsung’ Medium Size Banks Sector Banks and FIRST on Only Indian Bank No.1 Emerging Markets ‘Deal of the Year’ Asia
Innovative CREDIT QUALITY & to be an active Sustainable Bank of the Year award for a Structured and
Companies Business Today - Signatory - Asia award Financial Times Innovative Rural Financing
GROWTH
in the world KPMG Best Banks / IFC Washington Solution
Annual Survey Financial Express - Ernst & Since 2009
2009 Young Survey of India’s London, 2008 2007
2008 Best Banks
2008

Most Innovative Bank Rana Kapoor Rana Kapoor adjudged Top Deal Environment Most Improved Local Ranked EIGHT
in India award received the Start-up Entrepreneur Maker in the Leadership Award Bank in Asian Thomson Financial’s
PHDCCI of the Year Life Sciences Currency Bond and Top Book Runners of
The New Economy 2005
Distinguished sector The Salesperson in Indian Rupee Bonds
Annual Banking and 2005
Entrepreneur of Asian Currency Bond 2008
Finance Awards
the Year Award The Asset Benchmark
London, 2008 Survey
2007
2007

THIRD overall and FIRST on SAFETY, Only Indian Bank as a Best Corporate First Indian Company to be a First Indian Bank to be a
GROWTH and EFFICIENCY FOUNDING MEMBER of Social Responsiblity Signatory Signatory
Global Growth Companies Practice Award
Business World Banking Special Since 2007 Since 2006
(GGC), Geneva
2007
2006
Since 2007

EFFICIENT PAYMENTS SOLUTIONS & TECHNOLOGY SAFETY RATING EXCELLENCE IN HUMAN CAPITAL

Most Innovative Innovation in the A1+ rating for YES Upper Tier II Global HR Award CEO with HR Orientation
e-Payments Solution Award - Banking Sector BANK’s INR 50 billion bonds programme for Innovative HR Award
Asia award Certificate of Deposit assigned LA+ Practices, India Times Ascent HR
programme rating by ICRA Excellence Awards
Singapore, 2008 2007 & 2008
2007

NASSCOM Award Innovative Use of IT award OPTIMUM NCPI Award

for IT Innovations CIO Jury Award for 2006 for Network YES BANK Subordinated Tier II debt Continuous Most Innovative Recruiting
in Emerging India Technology Innovation Critical Physical assigned a long-term credit rating of LAA Innovation in HR & Staffing Programme
Infrastructures - by ICRA and AA - by CARE Strategy Award
2006 2006 2006

Corporate and Registered Office: Nehru Centre, 9th Floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai- 400018. India.
Tel: +91 (22) 6669 9000. Fax: +91 (22) 2490 0314.
Northern Regional Corporate Office: 48, Nyaya Marg, Chanakyapuri, New Delhi 110 021, India.
Tel.: +91 (11) 6656 9000. Fax: +91 (11) 4168 0144. | Website: www.yesbank.in

Disclaimer: This communication has been designed for “Private Circulation” only. The logos and trade marks (other than that of YES BANK) indicated are of their respective owners and YES BANK is using the same merely for description.
 FIVE YEARS OF
INSTITUTIONAL EXCELLENCE.

FINEST
ROBUST
HUMAN
FINANCIAL SERVICE
CAPITAL
PERFORMANCE EXCELLENCE

KNOWLEDGE RESPONSIBLE
BANKING BANKING

Since inception in 2004, YES BANK has

created a new paradigm in Indian Banking,
through continuous Innovation and
Excellence. On our 5th Anniversary, as a full-
service commercial and retail Bank, we re-
dedicate ourselves towards delivering the
TRITON/2009/YBL/031

finest banking Experience in India.

117 Branches | Over 200 ATMs | 2 National Operating Centres

Corporate and Registered Office: Nehru Centre, 9th Floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai- 400018. India.
Tel: +91 (22) 6669 9000 Fax: +91 (22) 2490 0314. www.yesbank.in
 Say YES to Knowledge Banking

FOOD & INFRASTRUCTURE HEALTHCARE &

AGRIBUSINESS LIFESCIENCES

COMMUNICATIONS ENVIRONMENT EDUCATION &

& TECHNOLOGY & RENEWABLE ENERGY SOCIAL INFRASTRUCTURE

YES BANK has adopted a Knowledge driven strategy to offer comprehensive,

industry specific financial solutions, with a diagnostic and prescriptive approach.
As a ‘Bank for Future Industries of India’, YES BANK is committed to
supporting the sustainable growth and development of Sunrise sectors in India.

Our in-depth knowledge of key industries, enabled by our finest Human Capital
and robust Technology, Systems and Processes, ensures that we deliver the
Finest Banking Experience in India.

117 Branches | Over 200 ATMs | 2 National Operating Centres

Corporate and Registered Office: Nehru Centre, 9th Floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai- 400018. India.
Tel: +91 (22) 6669 9000 | Fax: +91 (22) 2490 0314 | www.yesbank.in
 Say YES to Agribusiness

Strategic and National Advisory to

End-to-End Financial Corporates on
Consultants to
Advisory on Advisors to the Large-scale
Union Ministry of
developing development of farming initiatives
Agriculture on
INDIA's First INDIA's First- towards
development of
Agri SEZ of-its-kind enhancing
Model Terminal
AGRO PARKS Markets Food Security

YES BANK, as a Bank for Future Industries of India, through its Knowledge
driven approach, is committed to focus on the Food & Agribusiness sector. We
have undertaken several initiatives with in-depth domain specialization across the
agriculture chain – from 'Farm Gate' to 'Food Plate'.

YES BANK is dedicated to catalyzing the business and financial

transformation of the Indian Agribusiness sector

117 Branches | Over 200 ATMs | 2 National Operating Centres

Corporate and Registered Office: Nehru Centre, 9th Floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai- 400018. www.yesbank.in