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Yes Bank reports $1 billion on IBU balance sheet at GIFT-IFSC

Yes Bank has reported $1 billion on its balance sheet at the IFSC Banking Unit (IBU) in Gujarat International Finance Tec City (GIFT) as on March 31, 2017. The Bank has become the first to achieve milestone of $1 billion mark at the GIFT City.

Since starting its IBU in GIFT IFSC, Yes Bank has executed multiple transactions across key sectors, including agriculture and agri-businesses, affordable housing, media & entertainment, financial institutions, aviation, ports & logistics, manufacturing and telecom among others.

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