Yes Bank will be lending to small businesses against their GST returns. The mid-size private sector lender has launched a GST returns-based overdraft facility through which businesses can borrow up to Rs 1 crore. The overdraft will be given based purely on the borrower’s annual turnover and GST returns.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
