Asansol, a city in the Burdwan district of the Indian state of West Bengal, is the states second largest city in terms of area and population. It is a Tier-II city which rapidly developing. The city has derived its name from two words - "Asan" refers to a 30 meters tall found near River Damodar and "Sol" refers to land. Thus, these two words combine to form the name of this city which is incredibly rich in minerals. This cosmopolitan city is located on the lower Chota Nagpur Plateau and it shares the border with the Dhanbad district in the adjoining state of Jharkhand. The economy of this city is principally dependent on its steel and coal industries. The IISCO or Indian Iron and Steel Company Ltd steel-making plant at Kulti in Asansol was the first of such facility in India and is undergoing major renovations to come back with doubled production rate. Eastern Coalfields has a significant presence in the Asansol due to the enormous deposits of high-quality coal in and around the city. The railway is a big contributor to Asansols economy as many residents are employed in the Chittaranjan Locomotive Works which is one of the worlds largest locomotive manufacturers.
Yes Bank has received national and international honors for different businesses such as Corporate Banking, Sustainable practices through Responsible Banking. It is one of the top and fastest growing bank as recognized by Prestigious media houses and Global Advisory Firms. The long-term mission of Yes Bank by 2020 is to become the "Finest quality large bank in India." It is emerging as the Professionals Bank of India. RBI has only awarded the Yes bank the Greenfield Bank license in the last two decades. The Yes Bank was founded in November 2003 by Mr.Rana Kapoor.Yes Sampann India, a financial inclusion initiative by Yes Bank was launched in December 2006, in partnership with ACCION International, USA. Yes-International Banking was introduced in August 2007. In June 2008, the Yes Bank won the prestigious Emerging Markets Sustainable Bank of the Year award at the Finacial Times or IFC in Washington and Sustainable Banking Awards held in London. The Yes Bank is the fourth largest private sector bank in India and an outcome of professional entrepreneurship of its founder, Mr. Rana Kapoor and his competent team. The aim of establishing YES bank was to cater to the "Sunrise Sectors of India." Its a Full-Service Commercial Bank offering a wide range of products to Corporates, MSME, and retail customers.