Should we invest in Yes Bank now! Dubai’s largest lender, Emirates NBD, has expressed preliminary interest and is evaluating the submission of a bid to acquire a majority stake in Yes Bank, two people familiar with the development said. Yes bank is a full service commercial bank providing a complete range of products, services and digital offerings, catering to retail, MSME and corporate clients. It operates its investment banking, merchant banking and brokerage businesses through YES Securities which is a whollyowned subsidiary of the Bank.
YBL has a pan India network of 1,192 branches, 150 BCBO and 1,300+ ATMs in over 300 districts of India. It also has a representative office in Abu Dhabi and an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT) #yesbank #pennyshare #sharemarketnews
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