Yes Bank has reportedly charted out plans to expand its branch banking business aggressively across the country in the next four years. The bank will increase branch strength to 2,500 by 2020 from the current 900. There will be a considerable increase in business from the current Rs 1.65 lakh crore by then.
The bank is looking at the possibility of starting an exclusive outlet for start-ups in Kerala. Currently, the bank has such a facility in Bengaluru and this will be replicated in Kerala. Plans are also afoot to increase its presence in the state to 40 in four years from 13 branches now.
