New Delhi [India], December 13 (ANI/PNN): India's quest to eradicate black money has been a long one considering the prominence of cash over digital currency and the gigantic population which previously believed in stashing cash under their mattresses. Will the advent of Central Bank Digital Currency take India towards the five trillion economy dream?
Mumbai (Maharashtra) [India], August 10 (ANI/PRNewswire): YES BANK and IBSFINtech, the leading TreasuryTech Solution provider, have teamed up to explore untapped opportunities emerging out of the digitization of corporate finance. This unique partnership will empower the corporate treasury ecosystem with a robust decision-making tool and automated workflows backed by seamless bank connectivity.
New Delhi [India], August 4 (ANI/PNN): M1xchange, India's first and leading TReDS platform, in partnership with YES BANK and RBL Bank, announced today that it had started testing of 'Small-Small Factoring' product under the Reserve Bank of India's (RBI's) third cohort of the regulatory sandbox. This product is intended to enable early liquidity to Micro, Small & Medium Enterprises (MSMEs) buyers and sellers and offers a world-class customer experience to MSMEs supported by a convenient and end-to-end digital process. After successful testing under sandbox, a full-scale roll-out of this product is expected to offer a highly effective and efficient solution for over USD 750 Billion credit gap for MSMEs in India.
Mumbai (Maharashtra) [India], July 16 (ANI): Private sector lender YES Bank has decided to impose a higher penalty on premature withdrawal from fixed deposits (FDs) effective from August 8.
Bengaluru (Karnataka) [India], June 21 (ANI/PRNewswire): CARD91, a global payment infrastructure powering B2B payments, announced a strategic partnership with YES BANK and RuPay, the flagship product of the National Payments Corporation of India (NPCI). Through this partnership, CARD91 will create a card management system that will allow companies to launch a variety of co-branded card instruments as well as maintain a real-time dashboard to generate insights. This will enable CARD91 to expand its presence in the Indian payments market.
Mumbai (Maharashtra) [India], April 30 (ANI): Private sector lender YES Bank on Saturday reported Rs 367 crore net profit for the fourth quarter of 2021-22 against a loss of Rs 3,788 crore recorded in the corresponding period of the last year.
Mumbai (Maharashtra) [India], April 18 (ANI/PRNewswire): India has been at the epicentre of a global 'lab testing' environment which has ushered in a new wave of technological advancements leading to the creation of several innovative business models, products and other opportunities in the Fintech space.
Mumbai (Maharashtra) [India], March 25 (ANI): Bombay High Court on Friday granted bail to the promoter of Avantha Group of Companies, Gautam Thapar in connection with the Yes Bank fraud case.
New Delhi [India], March 11 (ANI/NewsVoir): Max Life Insurance Co. Ltd. and YES BANK Limited ("YES BANK"), on the completion of seventeen years of strategic bancassurance partnership, have reaffirmed a renewed commitment towards building next-generation customer experiences.
New Delhi [India], March 2 (ANI): The Delhi High Court on Wednesday dismissed the bail application of Gautam Thapar, Avantha Group promoter in a money laundering case linked to an alleged bank loan fraud of Rs 515 crore.
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