CURRENT AFFAIRS

Detailed explanation-1: -YES BANK brings, first of its kind, ALL NEW CUSTOMIZABLE Savings Account that gives the customer, the POWER TO CHOOSE, instead of offering off-the-shelf products.

Detailed explanation-2: -Some historians, trace the genesis of the savings movement to 1834, when the first savings bank was established in Calcutta by the Government. However, the Government Savings Bank Act was passed in 1873, and it was in 1882 that the Post Office Savings Bank of India came into existence.

Detailed explanation-3: -Launched “Maha Sarvajan Savings Bank Deposit Account”-A Basic Savings Bank Account to make basic Banking facilities available to all sections of population under all Income groups.

Detailed explanation-4: -YES BANK is a ‘Full Service Commercial ‘Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.