Yes Bank, India’s fourth largest private sector Bank, has inked a Memorandum of Understanding (MoU) with Bombay Stock Exchange (BSE) with an aim at sharing knowledge in the small and medium enterprises (SME) listing.
As per the agreement, the bank as a knowledge partner along with BSE will exchange information by conducting joint cluster studies, discussions at branch, regional and zonal levels to meet desired objectives.
The MoU aims at maintaining a synergized approach to create awareness about equity fund raising from primary market for SMEs, retail investor education, as well as comprehensive banking & financial solutions, with various SME sector units, trade associations and policy makers.