Yes Bank, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai.

It has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

It has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients.

It is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Bank of the World in India by 2020”

RBI Press Release on Yes Bank

The Reserve Bank of India (RBI) on June 10, 2016 had notified increase in Yes Bank’s Foreign Institutional Investors (FIIs) / Registered Foreign Portfolio Investors (RFPIs) limit to 74% from existing 60% under the Portfolio Investment Scheme (PIS).

This is on the back of
1. Recent approval granted by the Cabinet Committee of Economic Affairs (CCEA) / Foreign Investment Promotion Board (FIPB) to increase YES Bank's total foreign ownership limit to 74% (May 25, 2016).

2. Deregulation of FDI Policy to allow fungibles across FDI/FII/FPI limits.
With this, YES Bank has become First Bank in India to have an operational fully fungible composite foreign ownership limit of 74%.

Yes Bank has obtained enabling approval from its Board of Directors to raise an additional USD 1 Billion of Equity Capital which was also approved by the shareholders at the recently held 12th AGM of Yes Bank on June 7, 2016.


RBI Press Release on Yes Bank