What it Does: Yes Bank is focused on retail banking and wholesale banking to serve the needs of its customers across these segments. The bank offers all standard banking services to retail customers, including deposits, lending, and credit cards. It also provides corporate loans, trade finance, and treasury solutions to corporates and large institutions.
Mission: Yes Bank's goal is to be a world-class institution of the highest integrity and quality in serving its customers, investors, and other stakeholders. They will stand out by their high level of service and a culture that fosters innovation, integrity, and excellence.
Size and Presence: Yes Bank has more than 1,300 branches across India, with global operations in Dubai, Singapore, London, and New York. The bank has around 21,400 employees.
Best Known For: Yes Bank is best known for creating the first-ever chatbot, "KAY, " which helps customers with their banking transactions through Facebook Messenger and WhatsApp.
The Good Bits: Yes Bank pays well. The salary structure is good, and employees get bonuses regularly. The work environment is very good, and there are many opportunities for growth within the organization. There are also great perks like free food, gym membership, etc.
The Not So Good Bits: The HR department takes a long time to get back to you with answers regarding your queries or problems at work.
Yes Bank is an Indian private sector bank based in Mumbai, Maharashtra. It was founded in 2004 by Rana Kapoor and Ashok Kapur to provide banking services to the middle class in India. The bank has its registered office in Mumbai and a corporate office in Fort, Mumbai. Yes Bank's network consists of over 1000 branches and 1350 ATMs across India, including all metros, major cities, and select rural areas. As of March 31, 2016, it had 21,400 employees.
The bank also has representative offices in Dubai and New York City, with future plans to expand further overseas. In May 2016, Yes Bank announced that it had entered into an agreement with China Development Bank Corporation for a loan of US$1 billion (₹6,300 crores).
Yes Bank is a great place to work. The company culture is very friendly, collaborative, and open. It's a great place to work if you're looking for a career in banking. The environment is very open, and there are always opportunities to learn new things and try new roles.
Candidates are selected after the completion of their training period by the HR department of the company. The company conducts a written test as part of its recruitment process. Candidates who pass this test can be invited for an interview with the management team or board members. After successfully completing this interview, candidates are offered employment with the bank.
Yes Bank offers continuous learning initiatives to its employees to enhance their skills and knowledge. This helps them develop stronger professional relationships with clients, colleagues, and other stakeholders. Various promotional opportunities are available for employees who perform well in their job responsibilities. Employees are also promoted based on their performance in the annual appraisal process conducted by the bank.
According to Glassdoor, the average salary of a Yes Bank employee is INR 800000 per annum. The minimum pay grade for a Yes Bank employee is INR 5,00,000. Several factors determine an individual's salary at this bank, including their experience level and location (rural or urban).
Yes Bank has implemented 'Yes Foundation', an initiative by Yes Bank that aims at providing opportunities for underprivileged children who have completed their schooling but do not have any means to pursue higher education due to financial constraints.