YES Bank launches full service banking proposition for start-ups

YES BANK, India’s 5th largest private sector bank, today announced the launch of YES:Head-STARTUP; a full service banking proposition for tech or tech-enabled Start-ups, complemented by a first-of-its-kind privilege program.

In keeping with unique and specialized banking requirements of start ups, the YES:Head-STARTUP program will offer Customized Current Account, Innovative Digital & Cash Management Solutions, Comprehensive Trade-Forex Advisory Services, Dedicated ‘Start-Up’ focused Branches, Personal Banking Products / Credit Cards, Loan Products (Business & Personal) and Useful Alliances / Event Partnerships / Mentorship & Guidance Programmes for startups.

YES:Head-STARTUP clients will also get access to YES BANK’s seamless digital banking services which include India’s first UPI Banking platform and the award-winning API banking facility to enhance transactional efficiency.

Mr. Rana Kapoor, MD & CEO, YES BANK said, “The wave of new age Indian entrepreneurship is characterized by Design, Innovation and Creativity-led Entrepreneurship. At YES BANK, we believe that this phase of entrepreneurship in India can be furthered using the F.I.V.E. approach, which involves support at key life-stages of enterprises - Funding, Incubation, Vesting and Expansion. The ‘F.I.V.E.’ approach involves financial institutions at the fulcrum, delivering catalytic change by harnessing the power of entrepreneurship. The launch of YES:Head-STARTUP reinforces our unstinted commitment to nurturing and promoting entrepreneurship and innovation in India.”