Yes Bank has won the 29th QualTech Prize for Improvement and Innovation in the Indian BFSI Industry, emerging victorious for the second time in a row. The Bank was chosen from among 100+ nominations from across industries such as manufacturing, services/IT and healthcare among others.
The Bank has been awarded for innovative use of algorithm for Yes Insta project. Yes Insta is a digital platform that empowers the bank’s front-end sales team to make instant decisions in accepting/rejecting a customer based on statistically developed rule engine.
Yes Bank is India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India.