BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2002
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2003
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2004
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2012
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Detailed explanation-1: -Yes Bank obtained its certificate of Commencement of Business on January 21, 2004. Subsequently, in March 2004, the Bank achieved the mobilization of the initial minimum paid up capital of Rs.
Detailed explanation-2: -Yes Bank had issued shares at ₹ 45, during its initial public offer in 2005.
Detailed explanation-3: -Yes Bank Ltd was incorporated on November 21 2003. The bank was founded by Rana Kapoor. The Bank obtained certificate of commencement of business on January 21 2004. In the year 2005 they forayed into retail banking with launch of International Gold and Silver debit card in partnership with MasterCard International.
Detailed explanation-4: -As of 28 July 2020, Yes Bank is an associate of State Bank of India which has a 30% stake in the company.