| | |
| Name of Company | Yes Bank |
| BSE Code | 532648 |
| NSE Code | YESBANK |
| ICICI Code | |
| Established | 2004 |
| My Take | Like |
| Headquarters | |
| Promoters | Rana Kapoor |
| Story | Supported by Rabobank Netherlands. Global investors like Orient Global(4.99%), Rabobank(18.2%), Franklin Templeton, AIF Capital(5.06%), Swiss Re(3.71%), Khazanah Nasional, Fidelity investing in this bank. Partnered with Wipro for the latest technology. Outsourced all non-core IT functions. Focusing on growth from retail sector. |
| Sector | Banking |
| Sub-sector | Banking - Retail, Corporate, Institutional, Investment, Wealth Management |
| Website | |
| Positives | CAGR of more than 130% for 3 years. being a new player, can have good growth rates for a long time. |
| Negatives | CASA is still at 8.5% of its deposits, making its deposits costly (the other banks are at 40%) |
| Peers | Axis bank, SBI, ICICI bank, KVB, Indian Bank |
Mar 14, 2010
Yes Bank 532648
Subscribe to:
Post Comments (Atom)
LinkWithin
No comments:
Post a Comment