Yes Bank, established in 2004, is a prominent Indian private sector bank headquartered in Mumbai. Serving a wide range of clients including retail customers, MSMEs, and large corporations, Yes Bank operates across 300 districts with 1,198 branches, underscoring its dedication to accessible banking.

The bank's origins date back to 1999 when it was initiated as a non-banking financial company by Ashok Kapur, Harkirat Singh, and Rana Kapoor, who brought their extensive banking expertise to its formation.

Over the years, Yes Bank encountered challenges, notably with financial instability due to NPAs in the late 2010s. A significant intervention by the Reserve Bank of India in March 2020 realigned its leadership, appointing Prashant Kumar to lead recovery efforts. This restructuring, backed by a consortium of major banks like SBI, ICICI, and HDFC, marked a revitalization phase for the bank.

Currently, Yes Bank reports stabilized financial health, showcasing growth in both revenue and net income by 2024. Innovations such as the Yes Pay digital wallet and expansion into affordable housing and vehicle loan sectors highlight the bank's progressive service portfolio.

SBI has emerged as a significant stakeholder in the bank's transformed ownership structure, enhancing its financial stability and regulatory resilience. The diverse shareholding pattern demonstrates strong investment appeal and market confidence.

Yes Bank stands out with its superior ESG score, acknowledged by agencies such as S&P Global, reflecting its dedication to sustainable banking.

Looking ahead, Yes Bank targets continued growth with strategies focused on expanding its branch network and enriching its products. Enhancements in governance, risk management, and customer service position Yes Bank as a forward-looking, innovative, and sustainable player in the banking industry.