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Yes Bank
3.7
based on 7.5k Reviews
Company Overview
Company Locations
Working at Yes Bank
Company Summary
Yes Bank operates as a full-service commercial bank offering a diverse range of financial products and digital services across India to corporate and retail clients.
Overall Rating
3.7/5
based on 7.5k reviews
3% below
industry average
Work Policy
Work from office
86% employees reported
Monday to Saturday
40% employees reported
Strict timing
56% employees reported
Within city
51% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
379 employees reported
Health insurance
260 employees reported
Cafeteria
141 employees reported
Office cab/shuttle
84 employees reported
View all benefits
About Yes Bank
Founded in2004 (21 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Websiteyesbank.in
Primary Industry
Other Industries
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YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
Mission: To establish a high-quality, customer-centric, service-driven, private Indian Bank catering to the ‘Future Businesses of India.
Vision: Building the Finest Quality Large Bank of the World in India.
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AmbitionBox Best Places to Work in India Awards
Best Large
Banking Company
Banking Company
#2
2021
Awards are based on 2020 reviews and ratings by employees of the company.
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Yes Bank Ratings
based on 7.5k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
3.4k
4
1.7k
3
988
2
450
1
935
Category Ratings
3.7
Salary
3.7
Work-life balance
3.5
Company culture
3.5
Job security
3.5
Skill development
3.4
Promotions
3.4
Work satisfaction
Yes Bank is rated 3.7 out of 5 stars on AmbitionBox, based on 7.5k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Yes Bank
based on 7.2k reviews
3.6
Rated by 1.4k Women
Rated 3.5 for Salary and 3.4 for Work-life balance
3.8
Rated by 5.8k Men
Rated 3.8 for Salary and 3.7 for Work-life balance
Work Policy at Yes Bank
based on 870 reviews in last 6 months
Work from office
86%
Hybrid
9%
Permanent work from home
5%
Yes Bank Reviews
Top mentions in Yes Bank Reviews
+ 5 more
Compare Yes Bank with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.7/5 based on 7.5k reviews | 4.0/5 based on 37.4k reviews | 3.9/5 based on 38.4k reviews | 3.8/5 based on 24.8k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | No critically rated category | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 86% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.6 Good rated by 1.4k women | 3.9 Good rated by 9.8k women | 3.7 Good rated by 7.9k women | 3.6 Good rated by 5.3k women |
Rating by Men Employees | 3.8 Good rated by 5.8k men | 4.0 Good rated by 25.8k men | 3.9 Good rated by 28.5k men | 3.8 Good rated by 18.3k men |
Job security | 3.5 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
Yes Bank Salaries
Yes Bank salaries have received with an average score of 3.7 out of 5 by 7.5k employees.
Deputy Manager
(3.1k salaries)
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₹2.3 L/yr - ₹9.1 L/yr
Assistant Vice President
(1.9k salaries)
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₹8 L/yr - ₹28.6 L/yr
Senior Officer
(1.2k salaries)
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₹1.9 L/yr - ₹5.1 L/yr
Relationship Manager
(1.1k salaries)
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₹3 L/yr - ₹13.5 L/yr
Senior Vice President
(755 salaries)
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₹16.3 L/yr - ₹46 L/yr
Sales Manager
(586 salaries)
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₹2 L/yr - ₹11 L/yr
Sales Executive
(495 salaries)
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₹1.2 L/yr - ₹5 L/yr
Personal Banker
(487 salaries)
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₹2.1 L/yr - ₹7.5 L/yr
Branch Manager
(481 salaries)
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₹6.6 L/yr - ₹22 L/yr
Sales Officer
(441 salaries)
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₹1.4 L/yr - ₹6 L/yr
Yes Bank Interview Questions
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Yes Bank Jobs
Yes Bank News
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MobiKwik becomes first fintech to do a full launch of CBDC (e₹) with RBI
- Fintech firm MobiKwik has launched a full version of India’s Central Bank Digital Currency (CBDC) – e-rupee (e₹) in partnership with the Reserve Bank of India (RBI) and Yes Bank.
- MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee (e₹) wallet, available to all its Android users.
- The e₹ wallet allows users to send and receive funds to other e₹ wallets as well as regular bank accounts via UPI.
- The e-rupee (e₹) wallet has a daily transaction limit of Rs 50,000 with various currency denominations available.
ISN | 29 Jan, 2025
Stocks that will see action today: January 29
- Renew Exim DMCC, an arm of Adani Group, has received approval to acquire a majority stake in ITD Cementation India for about ₹5,757 crore.
- MobiKwik has launched a full version of India's Central Bank Digital Currency (CBDC) e-rupee in partnership with RBI and YES Bank.
- HDFC Securities has formed a partnership with KFin Technologies to enhance the adoption of the National Pension System (NPS) among its subscribers.
- ITC Hotels, demerged from ITC, is making its share market debut today on NSE, BSE.
HinduBusinessLine | 29 Jan, 2025
MobiKwik Becomes First Fintech To Fully Roll Out CBDC
- Fintech major Mobikwik has become the first fintech to roll out a full-scale Central Bank Digital Currency (CBDC) wallet, e-rupee (e₹), in collaboration with the Reserve Bank of India (RBI) and Yes Bank.
- The e₹ wallet enables users to transfer funds to other e₹ wallets and regular bank accounts through UPI. It supports both peer-to-peer (P2P) and peer-to-merchant (P2M) transactions.
- Currently, e₹ wallet has a daily transaction limit of INR 50,000, per transaction limit of Rs 10,000, and currency denominations of 50 paise, ₹1, ₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500 are available in e-rupee.
- MobiKwik aims to drive the adoption of e₹ in India and move towards a less cash economy.
Inc42 | 28 Jan, 2025
CRED launches e₹ wallet in collaboration with RBI
- Fintech unicorn CRED has launched a beta version of its e₹ wallet in collaboration with RBI and YES BANK.
- CRED becomes the first fintech platform to implement RBI's Central Bank Digital Currency (CBDC).
- The e₹ wallet allows users to pay UPI-linked bank accounts, send/receive money to other CBDC wallets, and supports transactions up to Rs 10,000 per transfer.
- CRED aims to make e₹ transactions seamless and accelerate its adoption among India's creditworthy citizens.
Entrackr | 28 Jan, 2025
CRED Rolls Out E-Rupee Wallet, First Fintech To Offer Access To CBDC
- CRED has launched the beta version of its CRED e₹ wallet, in partnership with the Reserve Bank of India (RBI), becoming the first fintech to offer access to Central Bank Digital Currency (CBDC) in India.
- RBI's proposal last year allowed non-bank payment operators to make CBDC transactions, expanding the user base beyond banks.
- CRED has partnered with YES BANK as the sponsor bank for the e₹ wallet, which facilitates the issuance of CBDC tokens from RBI to CRED.
- CRED members whitelisted for the beta can pay UPI-linked bank accounts, send/receive money to other CBDC wallets, and future updates will enable programmable merchant payments.
Inc42 | 28 Jan, 2025
CRED launches beta version of e₹ wallet, becomes first fintech to integrate RBI’s digital currency
- CRED has launched the beta version of its e₹ wallet.
- CRED becomes the first fintech to integrate RBI's digital currency.
- YES Bank is the sponsor bank facilitating the issuance of CBDC tokens to CRED.
- CRED's e₹ wallet supports transactions up to ₹10,000 per transfer and aims to drive adoption among creditworthy Indians.
HinduBusinessLine | 28 Jan, 2025
CRED Becomes First Fintech Platform To Launch E-Rupee Wallet With RBI
- CRED has become the first fintech platform to partner with the RBI on central bank digital currency.
- Yes Bank will be the first sponsor bank to enable CBDC issuance for a third party application provider like CRED.
- CRED's e-rupee wallet supports transactions up to Rs 10,000 per transfer, with daily transaction limit of Rs 50,000 and storage up to Rs 1 lakh.
- Future updates will enable programmable merchant payments, CRED Pay integration and PIN-less transactions of amounts below Rs 500, with access for all CRED members in the coming months.
Bloomberg Quint | 28 Jan, 2025
YES Bank posts strong Q3 profits, shares rise 2%
- YES Bank posts strong Q3 profits, shares rise 2%
- Net profit more than doubled compared to the same period last year and saw a modest increase compared to the previous quarter at ₹612 crore, driven by higher total income and lower provisions.
- Net interest income (NII) and other income both witnessed substantial year-on-year growth while, the net interest margin (NIM) remained steady at 2.4 per cent.
- Gross and net non-performing asset ratios remained unchanged from the previous quarter and deposits increased by 15 per cent y-o-y, outpacing loan growth.
- Provisions for bad loans decreased significantly, contributing to the strong profit performance. The bank plans to improve NIM in the next 2-3 years by reducing its holdings in low-yielding government securities and focusing on higher-yielding retail loans. The bank expects deposit growth to continue to outpace loan growth.
HinduBusinessLine | 27 Jan, 2025
YES Bank Q3 FY25 PAT jumps over two-fold
- YES Bank's Q3 FY25 PAT jumps over two-fold
- Net interest income (NII) rose 10% y-o-y to ₹2,224 crore
- Bank plans to improve NIM by 80-100 bps through various strategies
- Asset quality remains stable with provisions falling 53% y-o-y
HinduBusinessLine | 25 Jan, 2025
Yes Bank Q3 Results: Profit Jumps On Fall In Provisions, Asset Quality Stable
- A fall in provisions helped Yes Bank report a twofold rise in net profit in annual terms at Rs 612 crore.
- Provisions and contingencies for the quarter fell over 50% on-year to Rs 259 crore.
- Net interest income rose 10% on year to 2,223 crore. Asset quality remained stable.
- Gross non-performing assets ratio of the bank was flat 1.6% at the end of December.
Bloomberg Quint | 25 Jan, 2025
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Yes Bank FAQs
When was Yes Bank founded?
Yes Bank was founded in 2004. The company has been operating for 21 years primarily in the Banking sector.
Where is the Yes Bank headquarters located?
Yes Bank is headquartered in Mumbai, Maharashtra. It operates in 4 cities such as Mumbai, New Delhi, Chennai, Kolkata. To explore all the office locations, visit Yes Bank locations.
How many employees does Yes Bank have in India?
Yes Bank currently has more than 28,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Yes Bank based on the number of reviews submitted on AmbitionBox.
Does Yes Bank have good work-life balance?
Yes Bank has a Work-Life Balance Rating of 3.7 out of 5 based on 7,400+ employee reviews on AmbitionBox. 68% employees rated Yes Bank 4 or above, while 32% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Yes Bank work-life balance reviews for more details
Is Yes Bank good for career growth?
Career growth at Yes Bank is rated as moderate, with a promotions and appraisal rating of 3.4. 32% employees rated Yes Bank 3 or below, while 68% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Yes Bank promotions/appraisals reviews for more detailed insights.
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