### **Overview** Yes Bank Ltd is the **6th largest private sector universal bank in India**, headquartered in Mumbai, with a pan-India presence of **1,255 branches, 235 banking outlets, and 1,331 ATMs** across over 300 districts. It serves **over 10 million customers** through a comprehensive suite of retail, MSME, corporate, and wholesale banking services. The bank employs **28,690 staff members** and operates through its wholly-owned subsidiary, **YES SECURITIES**, providing investment banking, broking, and wealth management services. With a strong focus on digital innovation and sustainable growth, Yes Bank has solidified its position as a **leader in India’s digital financial ecosystem**. --- ### **Digital Leadership and Technology** Yes Bank is a **market leader in digital payments**, processing **approximately one in every three digital payment transactions in India**. The bank has achieved dominance in key digital payment systems: - **#1 Payee PSP in UPI** with **54%–57% market share**, processing ~350–390 million daily transactions. - **#2 Payer PSP in UPI** with **29%–33% market share**, handling ~190–200 million daily transactions. - **#1 AePS Acquiring Bank**, enabling ~27%–36% of all Aadhaar-based transactions via **700,000–880,000 partner outlets**. - **#2 in NEFT** with ~24% market share and **>98% success rate**. - **#2 in NACH**, with **74% CAGR in volumes** (Q4 FY22–Q2 FY26). The bank has built a **future-ready digital infrastructure**, including: - **Over 1,500 in-house APIs**, integrated with **50+ partners** for real-time lead generation, embedded finance, and BaaS (Banking-as-a-Service) models. - Flagship retail super app **IRIS** with **150–250+ features**, **4.2 million+ registered users**, and 49–55% monthly active users. - **IRIS Biz**, a **business super app** with 100+ features, serving **over 300,000 registered and 76,800 active business customers**, facilitating tax payments, collections, and business loans. - **YES Pay Biz**, a merchant platform with **190,000+ registered merchants**, achieving **1.2x–1.5x sequential growth** in transaction volume, processing **₹900+ crore monthly**. The digital transformation includes automated onboarding (via **Video KYC**), AI-driven scorecards, and platforms like **“Loan in Seconds”** and **YES AIM**, enabling instant credit with zero documentation. --- ### **Retail & MSME Banking** Yes Bank focuses on **granular, PSL-compliant lending**, with **62% of total advances** coming from retail and MSME segments. Key highlights: - **88% of MSME book** qualifies under **Priority Sector Lending (PSL)**. - **98% of credit cards and 90–98% of savings/current accounts** are **digitally sourced**. - **84% of SME customers** have ticket sizes under **₹2 crore**, ensuring portfolio diversification. - **~90% of SME loans are secured**, contributing to a **strong asset quality track record** (GNPA ~1.4%). - Launched **Digi OD**, a **fully digital unsecured overdraft** for MSMEs, and **YES Export**, a funding solution up to ₹15 crore for exporters. Flagship customer programs include: - **YES Prosperity** (mass retail): Segmented savings (Yes Respect for seniors, Yes Essence for women) and tiered current accounts (Freedom Flexi). - **YES Premia** (mass affluent): Auto-upgradable current accounts and exclusive rewards. - **YES Grandeur** (emerging affluent): Premium benefits and enhanced card privileges. - **YES PowerherUP**: Specialized banking for women-led MSMEs. --- ### **Wholesale & Corporate Banking** Yes Bank’s **Wholesale Banking division** is experiencing **22% YoY loan growth**, significantly outpacing the bank’s overall book. The division serves: - **Large Corporates** (via ecosystem banking: extending services to vendors and dealers). - **Mid-Corporates** (₹100–1,500 crore turnover): A key growth engine with **~36% of India’s unicorns** as clients. - **MNCs, Government Bodies, Financial Institutions**, and **New Economy businesses**. Supported by **833–845 relationship managers** across **61–67 cities**, the team delivers: - **Tailored solutions** in **supply chain finance, trade, transaction banking, tax systems, and salary accounts**. - **Liability franchise** growth via co-operative banks, NBFCs, and capital market participants. - **Cross-border services** through partnerships with **international DFIs, banks, and exchange houses**. Strategic focus areas include: - **Anchor-led ecosystems** - **Co-lending and direct assignment (DA)** - **API-integrated transaction banking** - **Fee-based income** via **Cash Management Services (CMS)** (3x growth since March 2022) --- ### **Institutional & Government Banking** - **Government Banking**: Empaneled for **tax collection, EPFO mandates**, and agency banking; has direct integration with central and state tax portals. - **International Banking**: Manages relationships with **400+ international banks across 70 countries**; serves India-linked MNC operations; active in **GIFT City IFSC**. - **Corporate & Government Advisory (CGA)**: Provides strategic advisory in **urban sustainability, e-mobility, and electronics sectors** using sector-specific value chain approaches. --- ### **Financial Markets & Transaction Banking** - **Financial Markets Division** has over **1,000 years of collective experience**, has **originated 1,000+ transactions**, including **50+ first-time debt issuancers**. - Recognized as **“Innovative Bank of the Year 2024–2025”** for structured financial products. - Offers specialized desks in **FX hedging, bullion (ranked #2 in India), project finance, InvITs, and securitization**. - **Transaction Banking Group (TBG)** serves **10,000 corporates and 45,000+ retail/SMEs**, with **80–97% of corporate transaction systems** embedded in digital solutions (PPI, APIs). Notable initiatives: - Digitized **supply chain finance** for anchor corporate dealer financing. - **YES Connect**, an **API marketplace** integrating banking and third-party services. - Launched first **floating-rate term deposit** in India linked to RBI's repo rate. --- ### **Strategic Partnerships & Innovation** Yes Bank has partnered with major **fintechs** (Paytm, Curie, Finvasia, CreditPe) and **corporate platforms** to acquire **42,000+ current/savings accounts and 65,000+ credit cards**. These partnerships enable **low-cost, scalable customer acquisition** via co-branded products and digital integrations. The bank also: - Co-created **IRIS** using **customer-led design**. - Is building a **platform-based ecosystem** leveraging **open banking and BaaP (Banking-as-a-Platform)**. - Participated in the **CBDC-W (Central Bank Digital Currency - Wholesale) pilot**. --- ### **Sustainability & Sector Focus** - **Project Finance & Loan Syndication**: Active in **renewables, energy, ports, logistics, real estate**, and healthcare. Executed a **300 MW solar project** using shared transmission infrastructure. - **Rural Banking**: Serves **80,000 active farmer borrowers** across 13 states with a **₹5,400+ crore PSL-compliant portfolio**. - Supports **green financing** for EVs, waste management, and solar projects. --- ### **Ownership & Governance** As of **May 2025**, **Sumitomo Mitsui Financial Group (SMBC)** acquired a **20% stake**, becoming the **largest shareholder**. **State Bank of India (SBI)** remains a strategic partner. SMBC’s **$2 trillion balance sheet** supports India-Japan cross-border trade and enhances global banking capabilities. --- ### **Financial & Growth Performance** - **Sustained profitable growth** with improved GNPA and strong RoA trajectory. - **Deposit franchise**: Strong retail CASA base; **1.3 million new CASA accounts** added in FY25. - **Wealth Broking (YSIL)**: Revenue grew **27% YoY (₹317 crore)**; client base up **36% (177,000 new accounts)**. - **Commercial Banking**: Fee income expanded via **trade services, CMS, and digital platforms**. - **Asset Quality**: High collateralization (86% secured) and PSL compliance (>90%). ---