Yes Bank launches all-women branch in Bengaluru

Posted on:09 Mar 2016 18:16:58

Yes Bank launches all-women branch in Bengaluru
09 March 2016 Current Affairs GK: Private lender Yes Bank on 8 March,2016 launched an all-women operated bank branch 'Yes Grace' on Cunningham Road here aimed at offering customised banking solutions to women. The new branch served by eight employees currently and with plans to raise the count to 12 will also drive financial literacy, family banking, safety and wellness amongst women. The Yes Grace branch is part of a two pronged approach by Yes Bank; to promote women leadership in financial services sector and enable the evolving financial objectives of women," said the bank's CEO and MD Rana Kapoor in a statement. Ravichander said the number of Yes Bank branches will go up to 60 by 2018 in Bengaluru and Hyderabad and 1,500 all over the country by 2020. Founded in 2004 after receiving a greenfield bank license from the Reserve Bank of India (RBI) by Rana 

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