MoneyWorks4Me

YES Bank aims to expand loan book by 25% by 2015

22 Jul 2013 Evaluate

YES Bank aims to expand its loan book by 25% by 2015. The bank is planning to achieve this target with its version 2.0 strategy, which was launched in April 2010. With this strategy, the bank also aimed at establishing 900 branches, Rs 125,000 crore deposit base and a Rs 150,000 crore balance sheet size by 2015.

At present, it has a loan book of Rs 47,000 crore, and it may miss the Rs 1-lakh crore target by a couple of thousand crore. On the corporate side which contributes 65%of its loans, it eyes the opportunity of around Rs 40 lakh crore.

 

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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