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YES BANK is an Indian private sector bank, headquartered in Mumbai, catering to retail customers, MSMEs, and corporate clients. Its network is spread across 300 districts in India and comprises 1,198 branches, 193 BCBOs and 1,287+ ATMs. [5] [6]
Since November 2017, SBI also offers an integrated digital banking platform named YONO. Yes Bank Investment. In March 2020, as part of an RBI-directed rescue deal, the State Bank of India acquired 48.2% of the shares of Yes Bank. As of February 8, 2024, the shareholding has decreased to 26.13%. Listings and shareholding
RBL Bank, formerly known as Ratnakar Bank Limited, is an Indian private sector bank founded in 1943; its headquarters are in Mumbai.It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations.
A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share draft account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the ...
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The bank has an aggregate balance sheet size of ₹3.74 trillion as of 31 March 2016. It has 2,005 Retail Banking Branches and 3,353 ATMs spreading all over India as on 26th April 2024, including one overseas branch in Dubai, 58 e-lounges and 1,442 Centres as of 1 August 2023.
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking). Banking services which are regarded as retail include provision of savings and transactional ...
Conglomerates – A financial services company, such as a universal bank, that is active in more than one sector of the financial services market e.g. life insurance, general insurance, health insurance, asset management, retail banking, wholesale banking, investment banking, etc. A key rationale for the existence of such businesses is the ...
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