Kollam, formerly known as Desinganadu, is an old seaport and a thriving city in the Indian state of Kerala. It is a port city along the Laccadive Sea coast. Mar Sabor, an East Syriac bishop, had founded the Kollam Port. The city is situated on the banks of the Ashtamudi Lake. In ancient times, Kollam had a strong commercial relationship with the Chinese. Kollam city ranks 5th in the country and 3rd in Kerala in terms of per capita income and economic performance. The port city has an excellent export background. Fishing and dairy farming largely contribute to the citys economy. The government is about to establish a fishing harbor in the vicinity of the city in order to increase the fish production. Fisheries, hatcheries, turkey and poultry farms are also plentiful in the city. The city also has a rich mineral base. The sands on the beaches and the entire area has a good amount of heavy minerals such as Ilmenite, Monosite, Rutile and Zircon, which can be used for industrial purposes. There are limestone deposits and bauxite in and around the city. Kollam is often called the "Cashew Capital of the World", as the city is noted for its traditional cashew business. This city is a microcosm of Kerala and its residents are from various religious, ethnic and linguistic groups.
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.