Yes Bank has received RBI’s nod, to open 2 representative offices in London and Singapore.
Rana Kapoor, Yes Bank MD and CEO stated, “This is a significant development in the overall augmentation of Yes Bank’s business model and will help in further diversification and expansion of financial services to the NRI diaspora. Opening of representative offices in key financial and trade hubs…gives us an effective coverage for most key global geographies and demonstrates our commitment to grow our footprint in the international banking space.”