Baranagar is an emerging city in the Indian state of West Bengal. It is a municipality in the Barrackpore subdivision of the North 24 Parganas district and territorially belongs to the Kolkata Urban Agglomeration. The area was occupied by the in the seventeenth century. An old mansion of the Dutch merchants still remains in the Kutighat area. There was a hog factory in the area where around 3,000 hogs were slaughtered and salted for export every year. Hogs are called "Baraha" in Bengali and hence the area came to be known as "Baraha Nagar" or the "town of hogs." The name got modified to Baranagar later. Baranagar was a renowned center for the extensive jute trade and manufacturing gunny bags during the British era. Baranagar hosts the Indian Statistical Institute or ISI, which is an institution of national importance. It is devoted to research, teaching and application of statistics, social sciences and natural sciences. The city is a major industrial center for the manufacture of agricultural and industrial machinery. Furthermore, the city also has several units for the manufacture of chemicals, castor oil and matches. It also has numerous cotton-processing companies. Temples such as Kaancher Mandir, Joy Mitra Kali Bari and Pathbari draw a lot of local tourists to Baranagar.
The Yes Bank was founded in November 2003 by Mr.Rana Kapoor. It is one of the top and fastest growing bank as recognized by Prestigious media houses and Global Advisory Firms. It is a full-service commercial bank and built several business lines across India. The bank had 1050 branches and 1724 ATMs as of 31st December 2017, and it is the fourth largest private 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 stocks of the Yes bank are listed on Bombay Stock Exchange and National Stock Exchange of India in May 2005. 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 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. In 2015, it was awarded as the Bank of the year-India by The Banker London.