8:39 am - Saturday November 22, 2014

YES BANK takes off into the Next Growth Phase

YES BANK takes off into the Next Growth Phase – Launches Version 2.0, establishes the roadmap for five years till 2015

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YES BANK, India’s new age private sector Bank, has embarked on its journey into the next phase of growth, and launched the Bank’s VERSION 2.0 – the Take-off. Mr. Rana Kapoor, Founder/Managing Director & CEO, along with his top management team, today announced the roll-out of a strategic blueprint for the Bank, to further accelerate its business growth with the objective to achieve a balance sheet size of INR 150,000 crores, a pan India branch network of 750 with a human capital base 12,000 by 2015.

YES BANK has successfully pursued counter cyclical strategies during FY09 & FY10, including investing in Relationship Development, Human Capital, Infrastructure – branches, ATMs & Creative Technologies, and Brand Building,  along with capital raising initiatives such as the maiden Qualified Institutions Placement (QIP) in January 2010 (INR 1034 crores).

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