MoneyWorks4Me

YES Bank to set up operations management and services delivery facility in Chennai

09 Sep 2015 Evaluate

YES Bank is planning to set up its largest ever operations management and services delivery facility in Ambattur, Chennai. The facility, which will be spread over 4 lakh sq ft, will employ 9,000 employees at full capacity and is expected to be operational by Q1 of FY16-17. Further, the facility will be expanded to 9 lakh sq ft in the second phase by March 2018.

Yes Bank, India’s fifth largest private sector Bank, has a pan India presence across all 29 states and 7 Union Territories of India.

Peers
Company Name CMP
HDFC Bank 730.90
ICICI Bank 1314.45
Axis Bank 1221.25
Kotak Mahindra Bank 416.70
Indusind Bank 910.75
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