New branch of Yes Bank at Focal Point inaugurated
Ludhiana, May 19, 2022: Gurmeet Singh Kular President FICO (Federation of Industrial & Commercial Organization) along with Neeru Katyal PCS, Chairman Ludhiana Improvement Trust and Satnam Singh Makkar Propaganda Secretary FICO; inaugurated the new branch of Yes Bank at Focal Point Ludhiana.
This is the 10th branch of Yes Bank in Ludhiana and has been specially opened in industrial area to cater to the needs to industrial establishments. Branch shall provide all banking services including onsite ATM with focus on MSME lending Focal Point is a prominent industrial hub of Ludhiana with all types of major industrial units in the area
Kular said that the banks play a pivotal role in the industry’s growth, the timely delivery of various banking services to the industry including the credit facilities can do wonders for the industry.
Yes Bank is a fastest growing bank with a total network of 1139 branches spread across the country with manpower of 24346.Bank has a deposit base of INR 197192 Cr and advances of INR 181052 Cr. Bank. Bank recorded a profit of INR 1066 Cr for FY22.