MoneyWorks4Me

Yes Bank operationalizes IFSC Banking Unit in GIFT city

27 Oct 2015 Evaluate

Yes Bank, India’s fifth largest private sector Bank, has operationalized its IFSC Banking Unit (IBU) in the Gujarat International Finance Tec City (GIFT). The bank has taken this step pursuant to the approval received from the Reserve Bank of India (RBI). It is the first bank to have begun its operations by setting up an IBU in GIFT city.

Yes Bank today leverages its 700 plus branch network, over 1300 ATMs, a wide range of offerings and a strong digital presence to offer best-in-class banking services for all customer segments with growing emphasis on retail banking customers.


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