Name:Yes Bank

Revenue : US$3.5 billion

Founder: Rana Kapoor and Late Ashok Kapur

Founded in: 2004

Headquarters: Mumbai, Maharashtra,

About Company:

Yes Bank, is India's fifth largest private sector Bank, co-founded by Rana Kapoor in 2004 Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades. Yes Bank is a “Full Service Commercial Bank”, has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country.

http://profit.ndtv.com/stock/yes-bank-ltd_yesbank/reports

Financial Performance:

Yes bank performance in the Q3FY15 Financial Results. Net Profit grew by 30.0% y-o-y to ₹540.3 Cr in Q3FY15, Net Interest Income up 36.6% to 909.0 Cr, Non Interest Income of ₹ ₹536.8 Cr, Net Interest Margin expanded to 3.2%, Advances up 32.4% to 66,606.9 Cr and ₹Deposits up 21.0% to 82,370.0 Cr as of 31 Dec 2014. In FY2015, the Bank has so far raised ₹US$500 Mn Equity through QIP and Long term Funding of US$422 Mn through Dual Currency Syndicated Facility and US$200 Mn from Asian Development Bank aggregating to approximately US$1.2 Bn. CASA Ratio improves steadily to 22.6% from 20.9% a year ago. SA deposits grew by 42.8% y-o-y.

Operations:

As on 31 Dec 2014, the bank had 600 branches and 2000 ATMs. It had a balance sheet size of ₹1,23,200 crore and Gross NPA of 0.42% fourth largest bank in private sector.

Recent News:

http://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-wins-bank-of-the-year-award-in-uk/articleshow/50030678.cms

http://timesofindia.indiatimes.com/business/india-business/Yes-Bank-inks-265-millions-deal-with-US-firms-for-SME-development/articleshow/50000382.cms

http://economictimes.indiatimes.com/industry/cons-products/liquor/yes-bank-invoked-only-0-16-per-cent-shares-of-ubl-mcdowell-holdings/articleshow/50011638.cms

http://www.livemint.com/Industry/V1otXundqfQLqelTNFTQAP/Yes-Bank-to-issue-first-credit-card-by-June.html

http://www.moneycontrol.com/india/stockpricequote/banks-private-sector/yesbank/YB