Yes Bank, founded in 2004, is a leading bank in India's private sector with its headquarters placed in Mumbai. Catering to a broad spectrum of clients, including retail customers, MSMEs, and major corporations, Yes Bank has a presence in 300 districts through 1,198 branches, emphasizing its commitment to wide-ranging banking access.

The bank's origins stem from 1999 when it began as a non-banking financial entity, formed by Ashok Kapur, Harkirat Singh, and Rana Kapoor, leveraging their vast banking know-how for its development.

Throughout its history, Yes Bank faced difficulties, particularly with financial instability due to NPAs during the late 2010s. A crucial intervention by the Reserve Bank of India in March 2020 resulted in a leadership realignment, with Prashant Kumar taking on helm responsibilities for recovery. This restructuring, supported by a consortium of major banks including SBI, ICICI, and HDFC, signaled a resurgence for the bank.

As of now, Yes Bank boasts stabilized financial well-being, with projections indicating growth in both revenue and net income by 2024. Innovations such as the Yes Pay digital wallet and its foray into affordable housing and vehicle loan markets demonstrate the bank's forward-thinking service portfolio.

SBI has become a major stakeholder in the bank's revamped ownership configuration, boosting its financial stability while enhancing regulatory resilience. This diverse shareholding pattern reflects robust investment appeal and buoyant market confidence.

Yes Bank stands distinguished with its high ESG score, recognized by entities like S&P Global, highlighting its commitment to sustainable banking practices.

Looking forward, Yes Bank aims for sustained growth with strategies targeting branch network expansion and product enhancements. Improvements in governance, risk management, and customer service strategies position Yes Bank as an innovative, forward-thinking, and sustainable entity in the banking sector.