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Provider: Sadif Analytics Prime

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Yes Bank Ltd Eyes Acquisitions For Business Expansion-The Economic Times

Wednesday, 30 Jan 2013 03:23am EST 

The Economic Times reported that Yes Bank Ltd said it is open to possible acquisitions in banking, broking and asset management businesses, even as organic growth plans are sufficient to meet near-term targets. CEO Rana Kapoor, said that Yes Bank has received RBI's approval to set up a retail broking business. However, to be open to looking at attractive opportunities in the retail broking space which will cut down the time to market offerings and will attract high quality management talent, he added.