A recent press report said that YES Bank has signed a memorandum of understanding with the Indian Army for the YES Vijay Salary Account, which has been designed exclusively to meet the needs of the Army personnel.
Reports said that the agreement has been signed by Dr Rana Kapoor, Founder, Managing Director & CEO, YES Bank; and Lt. General S.P. Kochhar, Signal Officer in Chief, Indian Army, in the presence of Lt. General Mukesh Sabharwal, Adjutant General of Indian Army, and other senior YES Bank and Army officers.
Yes Bank is engaged in providing a range of banking and financial services. The Bank’s business segments include Treasury, Corporate/Wholesale Banking, retail Banking, Corporate Finance, Transaction Banking and a host of other Banking services.
The bank has received noteworthy national and international recognitions including India’s No. 1 New Private Sector Bank in the Financial Express-E&Y Best Banks Survey 2010, Mr. Rana Kapoor, Founder, MD & CEO being recognized as the Entrepreneurial Banker of the Decade (2001-2010) by Bombay Management Association India’s Fastest Growing Bank of the Year at the Bloomberg UTV Financial Leadership Awards 2011. The lending portfolio of the bank includes home loan, personal loan, mortgage loans, vehicle loans, loan against Property for SMEs and individual etc.