Recent Brand Stories
Recently a popular business news TV channel felicitated the persistent efforts of Rana Kapoor, MD & CEO, YES BANK towards fostering an entrepreneurial spirit and best practices at one of India's fastest growing banks. The 'India Talent Management Award' recognized the innovative strategy of the Bank to enhance the capability, capacity and confidence of the employees - to put them a step ahead in tomorrow's workplace and economy. The visionary leader strongly believes in empowering young Talent and as a CEO, he likes to play the role of Chief Mentor for bright young talent, handpicked to take up challenges and transform into future leaders. "Our comprehensive 'Leadership Development' approach ensures that there is suitable, customised intervention to massively multiply Leadership Capability and Capacity among the identified employees." he said on receiving the honor. For the workforce to succeed in these times of automation and digitization, he believes that there are three key elements crucial for success: i. A mindset to understand evolving customer needs and design near perfect products and services to match customer expectations ii. Continuously research on latest technology elements in different spheres and evaluate applicability to solve our customer's needs iii. Most importantly, having a framework to take these service innovations to the last mile The Bank has been among the first to institutionalize innovative Talent acquisition and retention programs across experience levels, with flagship initiatives such as Y-PEP (YES-PROFESSIONAL ENTREPRENEURSHIP PROGRAM). This programs aims at hiring management professionals directly from premier B-Schools in India and select foreign Universities. It continues to harness the power of today's youth with initiatives such as YES Transformation Series, a case study challenge offering students an opportunity to work on real-life challenges faced by the financial sector. The initiative was recently ranked as the 2nd best B-school challenge by Dare2Compete. Putting an emphasis on the need for sincere and honest communication, the CEO says that it is a trait which is often overlooked or at times leaders tend to over communicate. "You have to have a very high emotional quotient at your enterprise. This will make you realize that you can transform and build fantastic organizations." he adds.
Mr. Rana Kapoor, MD & CEO, YES BANK, India's 4th largest private sector Bank was recognized by Advertising Agencies Association of India (AAAI) as an Outstanding Contributor to the Media and Communication Industry and Indian Brand Builder at the13th edition of Goafest 2018. AAAI felicitated Mr. Kapoor with the award for pioneering banking & financing solutions to the Media and Communications Industry. Under his visionary leadership, YES BANK's Media and Entertainment banking knowledge vertical, through its in-depth understanding of the industry and partnerships has helped to further corporatize the Indian Film, Media, Entertainment and Communications industry. Speaking on this recognition, Mr. Rana Kapoor, Managing Director and CEO, YES BANK, said, "It is a great honor to receive this prestigious recognition from AAAI. YES BANK is proud to have been a pillar of support to the Media & Entertainment (M&E) industry in India, since our inception. We remain committed to providing innovative financing solutions to this key sunrise sector by leveraging our differentiated Knowledge Banking philosophy. " Nakul Chopra, President of the Advertising Agencies Association of India said, "Mr. Rana Kapoor is truly a home grown Professional Entrepreneur & brand builder who has created YES BANK - an Indian brand of global stature. The Media and Communication industry in India has been fortunate to have the unstinted support of Mr. Rana Kapoor and YES BANK over the last 15 years, including for landmark projects such as the formation of BARC. The AAAI is privileged to recognize Mr. Kapoor with this Special Felicitation conferred at the Abby Awards at Goafest 2018." Goafest is the annual advertising festival hosted by AAAI and the Advertising Club for the advertising industry to engage, network and celebrate the exceptional creative work done through the year.
Gudi Padva which is celebrated by Maharashtrian Hindus in spring is a harvest festival that signifies the reaping of Rabi crops sown in winter as well as the time to sow a new harvest. One can interpret this as the reaping of fruits of one's hard work as well as the preparation for the next cycle of labour. Let us look back on the years gone by. We have to invest energy, time and passion in our work to generate credibility. However, how many of us realize that our families has also stood by us and put in tremendous vigour. Is it fair to ferry them around in a scooter or a bike on the treacherous roads and dangerous traffic of our cities and towns? Buying a car on the occasion of Gudi Padva would not only safeguard your family while all of you are travelling but also signify a suitable reward for all your efforts. And there are some practical reasons to buy your automobile during Gudi Padva too: Instant Eligibility: Being the festive season, it is imperative that you have knowledge of your eligibility amounts on the go when you scouting for your favourite car. YES BANK today offers in-principle approval in 60 seconds with YES mPOWER, first of its kind chat based eligibility BOT Low interest rates: Gudi Padva season is not only critical for automobile dealers but also for financial institutions. This results in delicious discounts being offered for a limited period of time. Therefore it makes sense to take advantage of attractive finance rates which will ensure that you end up paying lower EMIs. Exchange offers: Certain automobile companies have exchange offers according to which you can exchange your incumbent car for a new one. This can result in savings of upto a lakh on purchase of the new vehicle. However, this depends from brand to brand and one would be well advised to do some research before deciding to exchange. Deals and discounts: A variety of deals and discounts will be offered by dealers during this time. Even though sales of top automobile companies have picked up in 2017-18, dealers would be looking to end the year on a good note. Therefore one can expect deals across models and variants which you wouldn't find otherwise throughout the year. You can also expect free insurance, lower AMC costs, cash discounts and gift cheques Dealers are looking to close: Gudi Padva sales numbers are as important as sales numbers recorded during Diwali. This would mean that sales executives of both dealers as well as financial institutions which are looking to lend would be having steep targets as well as robust incentives on achieving these targets. This would mean that they are looking to close. A serious buyer can not only negotiate hard to get some extra accessories but also on the interest rates being offered to save up on EMI. To help you make the best of this year's Gudi Padva, you can depend on your very own YES BANK for financial assistance. We offer faster processing, service guarantee and easy documentation. We offer loans right from Rs 1 lakh to Rs 5 crore for your auto loan needs. We can even offer favourable tenure so that your EMI is reduced. To know more, get in touch with us at our nearest branch or you can click here
YES BANK Raises 600 MN USD, becomes 1st Bank in India to Issue Largest Debut International Bond; ~1.8x oversubscription Remarkable Business Growth with a Consistently Successful Fund Raising Streak in Markets Globally India's fourth largest private sector bank, YES BANK has successfully completed issuance of its first USD 600 million (more than Rs. 3,847 crore) bond issue in the international debt markets. The Bond issuance is for a tenor of 5 years and is rated Baa3 by Moody's Investors Service and is listed on the London Stock Exchange International Securities Market (LSE ISM), the Singapore Exchange Securities Trading (SGX), and the India International Exchange IFSC at GIFT City, Gandhinagar. This is the largest debut International bond issuance by an Indian bank with a lowest spread over Treasury for a debut fixed rate, issued as a part of the Bank's USD 1 BN Medium Term Note (MTN) programme. The issue was also oversubscribed by >1.83x from over 90 accounts. According to a Press Release issued by the company, YES BANK is the first bank out of GIFT City, Gandhinagar to launch MTN issuance, and continues to be the largest amongst the operational International Business Units (IBUs) with Balance Sheet size crossing USD 2 Billion. Commenting on the development Mr. Rana Kapoor, MD & CEO, YES BANK, said, "This landmark issue is the first foreign currency bond offering by YES BANK under our newly established MTN program, and the significant over-subscription as well as high quality investor base is testament to the commitment reposed by global investors in the Bank. As the 1st Bank to have begun operations at GIFT, we remain committed to expanding our operations at the IBU, Gandhinagar." In its successful fund raising streak, YES BANK has previously raised a total of INR 37.5 Bn of Infrastructure bonds of which INR 3,300 Mn (USD 50 Mn) was raised through issue of Green Infrastructure Bond to FMO. In FY17, YES BANK was one of the best performing banks in India across key parameters of growth, profitability and asset quality owing to a differentiated strategy. Bank's Advances grew by 34.7% to INR 1,323 Bn compared to industry growth rate of 5.4%, Total Assets grew by 34.7% to INR 2,151 Bn and Net profit grew by 31.1% to INR 33.3 Bn. Further, YES BANK emerged as the fourth most profitable bank in India, as per H1FY18 net profit of INR 19.7 Bn. As on March 31, 2017, YES BANK's Total Capital Adequacy Ratio stood healthy at 17% with Tier I Capital at 13.3%, ensuring that the Bank is well positioned to capitalize on growth. As evidenced, YES BANK has been one of the strongest banks in India to have successfully demonstrated ability and consistency in raising capital across cycles. Through the equity route too, the Bank has raised a total of more than INR 200 Bn. The Bank has raised a total of INR 78.5 Bn (USD 1.2 Bn) in QIPs since 2014 Recently raised INR 40 Bn (USD 612 Mn) through private placement of Basel III Tier II bonds INR 84.15 Bn was in total raised under Basel III Compliant Additional Tier-1 ('AT1') Bonds