2017-08-17 :Yes Bank cuts savings account interest rate by up to 1 per cent
Private sector lender, Yes Bank has reduced the interest rate on savings bank accounts by 1 per cent to 5 per cent for deposits of less than Rs. 1 lakh. However, the bank will continue to pay 6 per cent interest on deposits of over Rs. 1 lakh and less than Rs. 1 crore. Simultaneously, the bank has also slashed interest rate on savings accounts to 6.25 per cent from existing 6.5 per cent for deposits over Rs 1 crore. The new rates will be effective from 1st September, 2017.
2017-08-16 :Yes Bank net profit rises by 32 per cent at Rs. 965 crore
Private sector lender, Yes Bank has reported a 32 per cent increase in its net profit at Rs. 965 crore. Strong growth in net profit is due to improvements in net interest margins and rise in loans and advances during the current quarter.
2017-08-05 :Yes Bank partners with Eureka Mobile to launch Tap to Shop
Private sector lender, Yes Bank has partnered with Eureka Mobile to launch ‘Tap to Shop’, an innovative shopping experience on its YES PAY digital wallet. With this partnership, the company aims to support bank’s digital pay wallet to further improve the bank’s customer shopping experience via its digital wallet.
2017-08-03 :Yes Bank and Microsoft to build integrated modern workplace with Kaizala Solutions
Private sector lender, Yes Bank has announced its partnership with Microsoft to deploy Office 365 and Microsoft Kaizala. With the deployment of these advanced products from Microsoft are a part of the bank’s constant effort to adopt innovative technology solutions to further improve its employee productivity and efficiency.
2017-07-28 :Yes Bank included in the FTSE4Good Emerging Index
Private sector lender, Yes Bank has been selected as an index constituent of the FTSE4Good Emerging Index in its semi-annual review. The selection into FTSE4Good highlights the bank’s sectoral leadership in environmental, social and governance (ESG) performance. Meanwhile, the bank has been rated above the threshold for companies in the emerging markets as well as that of Developed markets by the Index Company, FTSE Russell.
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