YES Bank has joined hands with the Maharashtra government to onboard fair price shops (FPS) as Business Correspondent Agents.
The Bank will onboard close to 40% of all fair price shops in Maharashtra, spanning 12 districts such as Palghar, Thane, Pune, Kolhapur, Latur.
As part of the initiative, the Bank will engage fair price shops to provide banking services such as small-value cash deposits into any bank account, including domestic remittances and withdrawal from any bank account via Aadhaar-enabled payment system.
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.
