Yes Bank deposits rated at A1+ by ICRA
By Our Banking Bureau | 20 Sep 2004
Yes Bank which recently commenced commercial operations, focuses on key sectors such as food and agri-business, infrastructure management with a focus on agri-infrastructure and sustainable, renewable energy, life sciences and healthcare, technology and telecom.
Yes Bank plans to have a 250-branch network within five years with a balanced mix in urban, semi-urban and key rural agri-business pockets across India. It will access additional capital from public shareholders and raise subordinate debt to mobilise capital for its growth plans.