MoneyWorks4Me

Yes Bank reports $1 billion on IBU balance sheet at GIFT-IFSC

05 Apr 2017 Evaluate

Yes Bank has reported $1 billion on its balance sheet at the IFSC Banking Unit (IBU) in Gujarat International Finance Tec City (GIFT) as on March 31, 2017. The Bank has become the first to achieve milestone of $1 billion mark at the GIFT City.

Since starting its IBU in GIFT IFSC, Yes Bank has executed multiple transactions across key sectors, including agriculture and agri-businesses, affordable housing, media & entertainment, financial institutions, aviation, ports & logistics, manufacturing and telecom among others.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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