Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Yes Bank    YESBANK   INE528G01019

YES BANK

(YESBANK)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Yes Bank : ties up with Kia Motors

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 03:44am EDT

Private sector lender Yes Bank said on Friday it had inked a pact with Kia Motors for finance and banking solutions.

According to the memorandum of understanding (MoU) inked between both companies, Yes Bank will offer financing and banking solutions to Kia car dealers with products such as term loans, cash credit and inventory funding.

It will also offer loans to the end-consumers of the auto-maker, which is set to enter the Indian market by the second-half of 2019 with an SUV. Through the partnership, the bank will be able to provide end-to-end financial solutions to Kia Motors India. Besides, Yes Bank will also work towards developing exclusive digital banking solutions for Kia Motors in India. The bank has been working with various auto players to provide innovative finance solutions, thereby further strengthening our position in the competitive value-driven car segment and also contributing to the growth of the segment in the country, Yes Bank senior group president and head (Retail and Business Banking) Pralay Mondal said in a statement.

Hassle-free experience

Kia Motors India MD and CEO Kookhyun Shim said the partnership with Yes Bank would definitely set the benchmark of premium and hassle-free Kia experience.

This partnership will empower our stakeholders and customers with financial products specifically tailored for them to facilitate their smooth entry into the world of Kia, he added.

(c) 2019 Ethiopian News Agency. ALL RIGHTS RESERVED. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
KIA MOTORS CORPORATION End-of-day quote.
YES BANK -5.58% 103.2 End-of-day quote.-43.23%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on YES BANK
06/19YES BANK : new CEO Ravneet Gill faces worsening odds in quest for recovery
AQ
06/18YES BANK : Global PE firms seek details from Yes Bank before committing to $500-..
AQ
06/14YES BANK : Markets end flat; Yes Bank tanks 13 per cent
AQ
06/13YES BANK : Equity indices end flat, Jet Airways down over 16 pc
AQ
06/13YES BANK : Another exit at Yes Bank over Rana Kapoor's re-entry bid
AQ
06/13YES BANK : Sensex slumps 194 pts; Yes Bank tumbles over three per cent
AQ
06/13YES BANK : IndusInd stocks tumble after UBS slashes price target
AQ
06/12YES BANK : Another Yes Bank director, Mukesh Sabharwal, resigns from board
AQ
06/12YES BANK : Moody's places Yes Bank ratings under review for downgrade
AQ
06/11YES BANK : Former interim MD & CEO of Yes Bank Ajai Kumar quits board
AQ
More news
Financials (INR)
Sales 2020 160 B
EBIT 2020 80 315 M
Net income 2020 28 654 M
Debt 2020 -
Yield 2020 1,70%
P/E ratio 2020 12,04
P/E ratio 2021 8,19
Capi. / Sales 2020 2,02x
Capi. / Sales 2021 1,69x
Capitalization 324 B
Chart YES BANK
Duration : Period :
Yes Bank Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends YES BANK
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 41
Average target price 210  INR
Spread / Average Target 50%
EPS Revisions
Managers
NameTitle
Ajai Kumar Chief Executive Officer & Managing Director
Neeraj Dhawan President & Chief Risk Officer
Brahm Dutt Non-Executive Chairman
Arun Kumar Padmanabhan Chief Operating Officer
Raj K. Ahuja Group Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
YES BANK-43.23%5 004
JP MORGAN CHASE & COMPANY13.41%345 353
INDUSTRIAL AND COMMERCIAL BANK OF CHINA9.26%284 490
BANK OF AMERICA16.15%253 679
CHINA CONSTRUCTION BANK CORPORATION17.11%214 502
WELLS FARGO0.04%200 088