Wednesday 28 January 2015

Yes Bank gains on inking MoU with OPIC to support small business growth

     Yes Bank, the fourth largest private sector bank in India, has teamed up with the Overseas Private Investment Corporation (OPIC), the US Government’s Development Finance Institution, by signing a memorandum of understanding to explore OPIC financing of up to $220 million to increase lending to micro, small and medium enterprises (MSMEs) in India.
          Yes Bank’s sustainable development vision has been to ensure long term business success, by contributing towards economic and social development, a healthy environment and a stable society. The impact of this vision is comprehensively captured by reporting on environmental and social impacts that really matter, making the report very strategic, focused and credible.
     Yes Bank is currently trading at Rs. 880.00 down by 2.15 points or 0.28% from its previous closing of Rs. 882.45 on the BSE.

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