Yes Bank
Indian private sector bank
Yes Bank (stylised in all caps) is an Indian private sector bank, headquartered in Mumbai. Founded in 2004 by Rana Kapoor and Ashok Kapur (Incorporated in 2003). it caters to retail customers, MSMEs, and corporate clients. Its network is spread across 300 districts in India and comprises 1,300 branches, 200+ Business Correspondent Banking Outlets (BCBOs) and 1,350 ATMs.
History
In 1997–98, three Mumbai-based bankers–Rana Kapoor, Ashok Kapur and Harkirat Singh–co-founded Rabo India Finance in partnership with Rabobank of the Netherlands. In early 2003, the three bankers started Yes Bank with proceeds from selling their stakes in Rabo India Finance. Harkirat Singh resigned in April 2003 citing concerns over Rabobank's influence in appointing a leader for Yes Bank.
In May 2004, Yes Bank obtained banking license from the Reserve Bank of India (RBI). Initially, Rana Kapoor and Ashok Kapur each held 26% in the bank, Rabobank owned 20%, newly-appointed directors were allocated 3% and private equity firms held the remaining 25%. The bank opened its first branch in August 2004.
Begin with the source’s own compact description: “Yes Bank” is indian private sector bank. The dossier treats that line as a proposition to test through Bank, Indian and private, not as a finished interpretation.
Why this record matters
The phrase “indian private sector bank” supplies a clear boundary for inquiry. It also exposes the unanswered questions: who defined that boundary, when it became stable and which sources sit outside it.
Named sources, stable identifiers and responsible institutions provide the strongest route from overview to verifiable evidence. The source revision retrieved here is dated Sep 9, 2026. The linked authority identifier is Q2040394. VIAF identifies the subject as 150452003. The Library of Congress control number is no2004116543. 3 of 5 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 2004, 2003 and 1997.
The absence of detail may reflect summary conventions rather than a lack of surviving documentation. The source lead contains qualifying language; that uncertainty should survive quotation, summary and reuse. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
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This entry incorporates text from “Yes Bank” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.