Yes Bank has generated $ 650 million worth of business outstanding (Customer Assets) at its IFSC Banking Unit (IBU) in Gujarat International Finance Tec (GIFT) City. GIFT City achieved significant $ 1 billion mark in terms of business volumes outstanding. Yes Bank was the first Bank to start operations in GIFT City in October, 2015 and has seen significant business momentum as a specialized knowledge sectors focused IBU of the Bank. With the Government of India announcing various incentives, to propel the growth of IFSC, this will provide further impetus to the Bank's operations in GIFT City.
Yes Bank, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai.
