Eyeing growth, Yes Bank to hire 900 people

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Yes Bank
New Delhi, Jun 19: Yes Bank announced that it would recruit 900 people, including 500 specialists in the next nine months to boost expansion in six key segments. Rana Kapoor, the Managing Director and CEO said, "Somewhere between now and Sep we are adding at least 500 managerial staff."

"Overall we should hire about 900 people in the current fiscal. Right now we are 2,700; we want to get to 3,600 by Mar 2009," he said, of which 500 are of managerial level and 400 will be in retail service and sales, he added. Kappor also said that Yes Bank is looking at year-on-year balance sheet growth of 40 pc. The bank has identified six key industries as future growth drivers.

"We want to evolve as a bank for future industries of India and our focus is on high-growth industries like agri-business, infrastructure, energy, health care and communications," he said.

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