Saturday 14 November 2009

YES BANK Empanelled by as the Clearing and Settlement Bank by Bombay Stock Exchange

YES BANK has been a clearing and settlement banker to various leading
 Commodity Exchanges in India, and has managed Settlement Banking
activities for several exchange members. YES BANK has established a
‘Truly Integrated’ model leveraging the ‘state-of-art’ technology platforms
to cater to the time-sensitive requirements of Equity and Commodity Markets’ clients.


Speaking on the occasion Mr. Rana Kapoor,
Founder/Managing Director & CEO, YES BANK
, said:
“YES BANK is recognized for implementing innovative and
customized solutions for its corporate and retail clients.
It is our privilege to have been empanelled by BSE.
This alliance is a significant milestone for YES BANK
which will enable us to further strengthen its Capital
Markets business proposition to the members of BSE,
through our fully Integrated and proven technology platform.”


Mr. Madhu Kannan, Managing Director & CEO
, Bombay Stock Exchange, said:


“We welcome YES BANK as clearing bank to the BSE fold. BSE is
continuously working towards enhancing the technology and
provide more innovative products and services to its members.
With this new arrangement, we hope to leverage YES BANK’s
expertise in technology and attract more customers of the Bank
to trade through BSE.”

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