Money & Banking

Yes Bank eyes higher corporate credit to propel growth

Our Bureau Kolkata | Updated on January 24, 2018 Published on May 16, 2015

YES Bank is looking at a 25–35 per cent growth in its corporate loan book this fiscal.

Corporate Banking accounts for 65 per cent of the loan portfolio, while retail and MSME put together constitute about 35 per cent of the loan book.

According to Amit Kumar, Group President & Country Head, Corporate & Commercial Banking, YES Bank, the lender intends to grow by taking a share from the existing banks as well as by ramping up the mid-market, small and medium enterprises (SME) and its retail business portfolios.

“One way in which our growth comes will be by taking share away from existing banks. This apart, we are also looking to ramp up the mid-market, SME and retail lending portfolios,” he said.

Kumar, was speaking to the media on the sidelines of the launch of Kolkata chapter of the “YES Bank National CFO Forum” here in the city recently.

Published on May 16, 2015
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