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Yes Bank surges on partnering KBITS to provide customized banking services to startups

05 Sep 2017 Evaluate

Yes Bank is currently trading at Rs. 1777.90, up by 16.80 points or 0.95% from its previous closing of Rs. 1761.10 on the BSE.

The scrip opened at Rs. 1760.00 and has touched a high and low of Rs. 1787.00 and Rs. 1760.00 respectively. So far 49027 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1860.00 on 28-Jul-2017 and a 52 week low of Rs. 1091.25 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1787.00 and Rs. 1715.95 respectively. The current market cap of the company is Rs. 81551.63 crore.

The promoters holding in the company stood at 20.14%, while institutions and non-institutions held 68.63% and 11.23% respectively.

Yes Bank through its banking proposition for startups, YES:HeadStartup, has partnered with Karnataka Biotechnology & Information Technology Services (KBITS), a dedicated ‘Karnataka Startup Cell’ set up by Department of Information Technology, Biotechnology and Science & Technology, Government of Karnataka, as a one-stop shop for the provision of assistance to startups with respect to information on regulatory environment, networking with industry bodies and academic institutions in addition to other operational assistance.

Through this partnership, the Bank will provide full service banking services to startups incubated by KBITS. The partnership aims to create a culture of Fintech entrepreneurship.

Yes Bank is India’s fifth largest private sector Bank and has built significant expertise as a preferred host country bank for Multinational Corporations seeking to do business in India.

Yes Bank Share Price

22.93 0.41 (1.82%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 781.20
ICICI Bank 1264.80
Axis Bank 1269.40
Kotak Mahindra Bank 380.75
Indusind Bank 949.85
View more..

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