Information About Yes Bank Share Price:

Yes Bank is a private sector bank in India founded in 2004 by Mr.Rana Kapoor and Ashok Kapur. In just 14 years since its establishment, the bank has become the fourth largest private bank in the country. This tremendous accomplishment has been achieved primarily due to Yes Bank's vision to provide high-quality and customer-driven services. The bank has its presence in 29 states and 7 Union Territories through more than 600 branches and 3,500 plus ATMs. It focuses on becoming the 'Best Quality Bank of the World in India' by the year 2020.

The primary area of Yes Bank's expertise comprises corporate and institutional banking, financial banking, retail banking, wealth management, et cetera. It offers a variety of commercial products like personal loan, credit cards, and home loan. Furthermore, Yes Bank has done well to promote the renewable energy sector, especially with the release of green bonds to finance renewable energy projects. It is also the only Indian bank to have been awarded the Greenfield Bank license by the RBI.

History of the Yes BanK:

Yes Bank Limited was formed in November 2003 by Rana Kapoor and was granted the banking license by the RBI in May 2004. Later that year, the company also commenced its corporate and business banking services. By the financial year 2005-06, the bank completed one full year of operations during which time, it made its first public offering of equity shares. 2007 proved to be a landmark year for the bank as it not only launched its international banking services, but it was also selected as a founding member of Community of Global Growth Companies at the WEF, Geneva. In 2010, Yes Bank was ranked as India's leading mid-sized bank.

Over the years, the bank has reported healthy numbers and owing to its impeccable services and vision; it has been honored with several awards. Some of these are the Best Managed Bank in India (2011-2013) awarded by the Asian Banker, Sustainable Bank of the Year for the Asia-Pacific region by FT Sustainable Finance Awards, 2011, and Fastest Growing Bank award at the World Best Bank Awards in 2009.

Management:

Rana Kapoor - Founder, MD, and CEO

Mr. Kapoor started his journey at the Bank of America in 1980 when he joined as a management trainee. He worked for the company for a little over 16 years, and during the time, he honed his skills superbly to manage corporate, financial, and government institution clients. He followed this with a brief stint at ADZ Grindlays after which, he decided to establish his joint ventures.

Mr. Kapoor's progressive mindset and his vision to offer high-quality banking products to the customers has produced excellent results from the perspective of business and finance, as evident in the financial reports published over the years.

He has been awarded a plethora of titles, including the Leading Banker of the Decade by the Indian Chamber of Commerce and the CEO of the Year at SABRE Asia Pacific Awards in 2016.

He is an alumnus of DU, where he attained a Bachelor's degree in Economics in 1977. Later, he also got an MBA degree from the Rutgers' University in the United States.

Listing and Indices of Yes Bank Limited:

Yes, Bank Limited is listed on the NSE and BSE, where its stocks can be traded. It also forms a part of two of the crucial market indices in India - SENSEX and NIFTY. It is one of the critical indicators of the health of private sector banks in India.

In addition to these two indices, Yes Bank Limited can also be found on NIFTY 200, NIFTY 500, S&P BSE 100, S&P BSE 500, and many more.

Recent Performance:

In the recently released report for the third quarter of the financial year 2017-18, Yes Bank reported a healthy increase in advances and balance sheet. The respective numbers, as of the end of the third quarter are more than Rs.1.5 lakh crore and Rs.2.5 lakh crore.

Net Interest Income has also grown remarkably over the last quarter, with the amount standing at Rs.1,888.8 crore - a year-over-year increase of more than 25%. Consequently, Yes Bank's profit after tax also grew to Rs.1,077 crore during the same term in contrast to Rs.882.6 crore in Q3 FY17.

The CASA (Current and Savings Account) ratio of Yes Bank for the Q3 FY18 is 38% which, on a long-term basis, translates into a y-oy growth of 48%.

Furthermore, the asset quality of the bank continued to be resilient to harsh conditions. Gross NPA (Non-Performing Assets) was recorded to be at 1.72% whereas Net NPA was 0.93% for the same quarter.

Should One Invest in Yes Bank?

The Indian banking system is set to become the fourth most extensive system in the world over the course of the next decade. As a result, we are quite likely to see private sector banks forming a significant chunk of this system. The Yes Bank is one of the fastest growing banks in the private sector and just 15 years since its formation; it has become the fourth largest private bank in the country. The bank's vision and mission are helping it gain a tremendous amount of momentum regarding investments and popularity.

The bank is geared towards sustainable development and green energy, as evident from the release of green infrastructure bonds. As mentioned earlier, Yes Bank is highly customer-centric in contrast to favoring big industrial companies. Yes Bank has also been recognized for its efforts by several reputed organizations in the world.

Financially speaking, the financial institution has been reporting profits like clockwork. The CASA ratio is improving by the quarter, and its balance sheet has already crossed Rs.2.5 lakh crore. Furthermore, the management's focus is to control the asset quality, and by the looks of it, it has done a remarkable job. Gross NPA count for the third quarter FY18 is just 1.72%, in contrast to the 10.35% reported by the State Bank of India for the same term.

The stock price of Yes Bank over the course of the last five years has increased by thrice as much. While investing now may seem like a good idea, many experts believe that the stock will price correct further, thus leading to a more favorable point of entry. Alternately, one can also look at mutual funds which have Yes Bank holdings. To surmise, if you are looking to invest in the Indian banking sector, Yes Bank is among the top choices.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The BSE or the Bombay Stock Exchange is Asia's oldest and first stock exchange. It is located in Mumbai, erstwhile Bombay, and it was formally established in 1875. An influential stockbroker and a businessman, Premchand Roychand, along with a handful of acquaintances, started the BSE journey in 1855. The BSE had its meetings under Banyan trees in its initial days. The group grew and eventually moved to a permanent place in 1874. BSE’s office is very appropriately named ‘Dalal Street’ which translated to Broker Street in Hindi. BSE operated as a floor trading exchange for a long time before ascending the digital ladder in 1995. They implemented an automated trading platform which had a capacity of 8 million per day. BSE went global in 2012, by joining the United Nations Sustainable Stock Exchange as a partner. Subsequently, in 2016, BSE established the first international exchange of India, called INX.

National Stock Exchange (NSE)

With an aim to induce transparency to the Indian capital market, the Indian Government implored a group of leading financial institutions for an effective solution. Accordingly, these financial institutions, along with the Government's support, established the first demutualized electronic exchange of India in 1992, known as the NSE. Since its inception, the NSE functioned on a totally automated screen-based digital trading system, which offered a great platform to connect the investor base of the entire country and offer them an easy trading facility. NSE was India's first electronic exchange and currently offers services pertaining to several segments, such as equity derivatives, clearing and settlement services in equity, trading, debt and currency derivatives, etc.

NIFTY Index

The NIFTY is National Stock Exchange of India's benchmark broad-based stock market index for the country's equity market. It lists 50 selected Indian companies across 12 sectors that own the largest and most liquid Indian securities. Hence, it is popularly called NIFTY 50. The Nifty index represents the weighted average of the stock value of those 50 companies. The India Index Services and Products or IISL, a company which is focused on an index as a core product, owns and manages the Nifty. Through one efficient portfolio, the Nifty exposes investment managers to the current status of the Indian market and helps in determining promising investment opportunities.

SENSEX Index

Similar to NSE's Nifty 50, BSE also has a stock market index known as Sensex. The word comes from the words 'Sensitive' and 'Index,' and is basically a portmanteau of the two. BSE 30 and S&P BSE SENSEX are two other names of this index. Sensex constitutes the top 30 financially flourishing and well-established companies from the ones listed on BSE. These companies typically represent diverse industrial sectors of the country's economy to ensure a holistic calculation. Usually, these are the companies that have the largest and most actively traded stocks. SENSEX is broadly reported through both print and electronic media in national as well as international markets. The scientifically designed indexing system is based on globally accepted construction and review methodologies. It is being calculated on the basis of a free-float market capitalization methodology since September 2003.