Tag: Yes Bank

YES Bank starts ‘SMS Pay’ on POS Terminals

November 29, 2020

• Private lender Yes Bank has started an ‘SMS Pay’ functionality on POS terminals, which would let merchants accept contactless and remote payments from their customers.
• Yes Bank has tied-up with French payment services company Worldline to launch the new facility.

Yes Bank partnered with BSE to empower small business companies

October 1, 2020

• Yes Bank partnered with BSE to empower the SME segment through awareness and knowledge-sharing programmes.

HDFC Life tied up with YES Bank to sell insurance policies

September 24, 2020

• HDFC Life tied up with YES Bank to sell insurance policies. All the life insurance products of HDFC Life which includes solutions for protection, saving and investment, retirement and critical illness will be provided to the customers of Yes Bank.

SBI General Insurance signed MoU with YES Bank for a corporate agency agreement

September 16, 2020

• SBI General Insurance signed MoU with YES Bank for a corporate agency agreement under which the YES Bank will distribute the general insurer’s retail products to its customers.

Yes Bank: ‘Loan against Securities’

August 21, 2020

• ‘Loan against Securities’ launched by the YES Bank under its loan in seconds platform that will enable customers to avail loan facility against the securities that they hold. The customers are required only to pledge the securities and not sell them.

YES Bank starts ‘Loan in Seconds’ for instant loan disbursement

July 7, 2020

• YES Bank has started a digital solution, “Loan in Seconds” for instantaneous disbursement of retail loans.
• The account holders recognized by the bank can avail this swift loan disbursal convenience without any document.

PhonePe pairs-up with ICICI Bank on UPI multi-bank model

June 30, 2020

• Flipkart-owned PhonePe it has tied-up with ICICI Bank on UPI multi-bank model, providing its customers the option to make and utilize multiple UPI IDs with ICICI and Yes Bank”s handles.

Yes Bank pairs-up with UDMA to release ‘Yuva Pay’ mobile app

June 27, 2020

• Private lender Yes Bank has tied hands with UDMA technologies to release digital wallet solution ‘Yuva Pay’. This new product from the lender will support the customers with contactless payments. The digital wallet is published under minimum KYC regulations to Yes Bank.

Yes Bank pairs-up Affordplan to start co-branded cashless healthcare card called ‘Swasth Card’

June 23, 2020

• Yes Bank Limited, an Indian public bank, has tied hands with Delhi-based fintech startup Affordplan, to start a first of its kind co-branded healthcare card called ‘Swasth Card’ under Swasth program with the plan to allow families plan and manage their finances for their healthcare needs.

Yes Bank obtains 24.19% stake in Dish TV

June 2, 2020

• Yes Bank Ltd obtained a 24.19% stake in direct-to-home service provider, Dish TV India Ltd, by invoking pledges against 44.53 equity shares held as collateral with the private donor for a loan.