Yes Bank News

YES Bank is a prominent Indian private sector bank established in 2004. It gained significant attention following a major reconstruction scheme in 2020,...

What is YES Bank?

YES Bank is an Indian private sector bank offering a comprehensive range of banking and financial services to corporate, retail, and MSME customers across India.

When was YES Bank established?

YES Bank was co-founded by Rana Kapoor and Ashok Kapur in 2004.

What major event occurred with YES Bank in 2020?

In March 2020, YES Bank underwent a significant reconstruction plan led by the Reserve Bank of India (RBI) and a consortium of Indian banks to address its financial instability.

Is YES Bank currently stable and safe for depositors?

Post-reconstruction, YES Bank is operating under new management and governance, backed by the RBI and investor banks, aiming to ensure stability and depositor safety.

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