If you remember the Rana Kapoor's statement about cryptocurrencies, then you would like him. He is the founder of the Yes Bank, which is among the top performers of NIFTY 50. This post is about the bank he founded.
NIFTY 50 is the index of the NSE(Nation Stock Exchange) of India. The 2nd most gainer among the 50 companies that are included into to calculate the index is Yes Bank. It is 4th largest private bank of India, and is somewhat newer when compared with the others. It was formed in 2004, and if you had bought the shares at that time, today you would have about 20-25 times of the money invested.
Its growth has many reasons, and the most lucrative one for its customers is the rate of interest that it offers on the saving accounts. Other banks offer 3.5-4 % interest rates. On the other hand it offers more than 6%. That is more than 50% of what others offer. As it is new, it doesn't have lot of branches like the SBI or PNB have, so this is the only bad point about it. However if you know how to deal everything online, then one must not have a problem.
So, isn't this the time to open an account with the Yes Bank? what do you say?