• Latest
  • Trending
YES BANK launches YES Business with IRIS Biz App for MSMEs

YES BANK launches YES Business with IRIS Biz App for MSMEs

14 December 2024
Paradip Port Authority hits milestone: Handles 41.12 MMT cargo

Data Story: Iron ore vessel numbers remain tepid at Paradip Port

30 July 2025
Why business users are choosing Python over Excel

Why business users are choosing Python over Excel

30 July 2025
Apple to open US Manufacturing Academy in Detroit on August 19 | Company News

Apple to open US Manufacturing Academy in Detroit on August 19 | Company News

30 July 2025
Palo Alto Networks in talks to acquire CyberArk for over $20 billion

Palo Alto Networks in talks to acquire CyberArk for over $20 billion

30 July 2025
Top 10 U.S. stocks with highest share borrowing as of July 25, 2025 | S&P Global data

Top 10 U.S. stocks with highest share borrowing as of July 25, 2025 | S&P Global data

30 July 2025
Why learn Flask? Exploring the benefits of Python’s micro-framework

Why learn Flask? Exploring the benefits of Python’s micro-framework

29 July 2025
Major job cuts loom for IT workforce amid company restructuring

Major job cuts loom for IT workforce amid company restructuring

29 July 2025
Happiest Minds Q1 FY26: 17.5% YoY growth, strong double-digit momentum

Happiest Minds Q1 FY26: 17.5% YoY growth, strong double-digit momentum

29 July 2025
Why can’t we get insurance coverage for layoffs?

Why can’t we get insurance coverage for layoffs?

29 July 2025
Data Story: LME Aluminium price remains stable despite tariff concerns

Data Story: Aluminium price touches 4-month high at LME on Chinese demand prospects

28 July 2025
Top 10 Python skills every developer should learn

Top 10 Python skills every developer should learn

28 July 2025
TCS to let go of 2 percent of global employees

TCS to let go of 2 percent of global employees

28 July 2025
Wednesday, July 30, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

YES BANK launches YES Business with IRIS Biz App for MSMEs

in Media Release
Reading Time: 3 mins read
0
YES BANK launches YES Business with IRIS Biz App for MSMEs

DBT Bureau

Pune, 14 Dec 2024

RelatedPosts

Apple to open US Manufacturing Academy in Detroit on August 19 | Company News

Avolon orders 90 Airbus aircraft to meet soaring global aviation demand

Sonata Software partners with Wharton to advance research in agentic AI | Company News

YES BANK, India’s sixth-largest private sector bank, reported the launch of YES Business, an initiative to sharpen its focus on the business segment and address their needs. YES Business is designed to bring banking and related services for MSMEs under one roof. YES Business is inspired by the way an entrepreneur cares for a growing business which is similar to raising a child, with steady effort, close attention, and genuine commitment. This business segment offers a single point access to a wide range of tools and resources that help MSMEs in managing their day-to-day operations and achieving long-term growth.

Central to this launch is the IRIS Biz by YES BANK (IRIS Biz), a digital interface that provides a wide range of integrated solutions to both simplify and strengthen business operations. By combining core banking services with additional resources beyond traditional banking, IRIS Biz enables entrepreneurs and business owners to handle multiple aspects of their enterprise using a single platform.

Key Features of IRIS Biz app :

· Simple, Digital Onboarding: Fully digital current account setup with Video KYC, reducing paperwork and shortening the time to get started.

· Integrated Account Management: A unified view that allows business owners to manage both personal and business accounts together, streamlining the way they track financial health.

· Access to Beyond-Banking Services: In-app support for accounting, taxation, payroll, and global trade finance, ensuring that critical operational tasks are easier to handle and do not require multiple external platforms.

· Merchant Solutions for Faster Transactions: Innovative offerings such as Merchant EASY and Merchant PRIME, which provide resources like soundboxes for payment confirmations, same-day settlement of funds, and extended cash deposit limits, helping merchants and traders manage transactions efficiently.

· Quick Access to Funds: Collateral-free overdrafts of up to Rs 25 lakh available through the app, ensuring timely access to working capital.

Prashant Kumar, Managing Director & Chief Executive Officer, YES BANK, said, “At YES BANK, we have always strived to redefine banking by aligning with the aspirations and challenges of businesses across India. The MSME segment in India employs the largest workforce and is the backbone of our economy. The IRIS Biz app offers a unified, tech-enabled, and customer-first solution to empower business growth. This new-age app is more than just a banking platform; it is a comprehensive business partner that goes beyond banking to cater to every need of our clients. I am confident that IRIS Biz with its 100+ features will address every entrepreneurial need, by being a catalyst in driving their success and contributing to India’s economic progress.”

This launch builds on YES BANK’s strong record in serving the MSME sector. In the first half of FY25, the Bank disbursed Rs 15,279 crore in loans to MSMEs, while the SME advances grew by 25.8% year-on-year. Mid-corporate advances rose by 25.5%, reflecting the Bank’s commitment to meeting the varied needs of businesses large and small. With YES Business, the Bank continues to focus on entrepreneurs, and offer effective, easy-to-use solutions that help them remain competitive and adapt to the changing market conditions.

The launch of YES Business powered by IRIS Biz app reiterates YES BANK’s dedication to delivering innovative, tech-enabled solutions that go beyond banking. By addressing the evolving needs of MSMEs and businesses, the Bank aims to create value and drive economic progress across the country.

Related Posts

Apple to open US Manufacturing Academy in Detroit on August 19 | Company News

Apple to open US Manufacturing Academy in Detroit on August 19 | Company News

by databiztimes.com
30 July 2025
0

DBT Bureau Pune, 30 July 2025 Apple will open its all-new Apple Manufacturing Academy in Detroit on Tuesday, August 19,...

Avolon orders 90 Airbus aircraft to meet soaring global aviation demand

Avolon orders 90 Airbus aircraft to meet soaring global aviation demand

by databiztimes.com
28 July 2025
0

DBT Bureau Pune, 28 July 2025 Avolon, a leading global aviation finance company, has placed an order for 90 Airbus...

Sonata Software partners with Wharton to advance research in agentic AI | Company News

Sonata Software partners with Wharton to advance research in agentic AI | Company News

by databiztimes.com
27 July 2025
0

DBT Bureau Pune, 27 July 2025 Sonata Software announced its partnership with the Wharton AI & Analytics Initiative (WAIAI) at...

Advertising emerges as the powerhouse as global entertainment & media industry nears $3.5 trillion by 2029: PwC report

Advertising emerges as the powerhouse as global entertainment & media industry nears $3.5 trillion by 2029: PwC report

by databiztimes.com
27 July 2025
0

DBT Bureau Pune, 27 July 2025 The global entertainment & media (E&M) industry edged towards US$3 trillion in revenue in...

Paradip Port Authority hits milestone: Handles 41.12 MMT cargo
Commodity

Data Story: Iron ore vessel numbers remain tepid at Paradip Port

by databiztimes.com
30 July 2025
0

DBT Bureau Bengaluru, 30 July 2025 Paradip Port is one of India’s major ports, handling a significant portion of iron...

Read moreDetails
Why business users are choosing Python over Excel
Blog

Why business users are choosing Python over Excel

by databiztimes.com
30 July 2025
0

Athira Sethu Kochi, 30 July 2025 Python is being used as an increasingly effective tool in the business world, with...

Read moreDetails
Apple to open US Manufacturing Academy in Detroit on August 19 | Company News
Media Release

Apple to open US Manufacturing Academy in Detroit on August 19 | Company News

by databiztimes.com
30 July 2025
0

DBT Bureau Pune, 30 July 2025 Apple will open its all-new Apple Manufacturing Academy in Detroit on Tuesday, August 19,...

Read moreDetails
Palo Alto Networks in talks to acquire CyberArk for over $20 billion
Business

Palo Alto Networks in talks to acquire CyberArk for over $20 billion

by databiztimes.com
30 July 2025
0

Athira Sethu Kochi, 30 July 2025 Palo Alto Networks, one of the largest Santa Clara, California-based cybersecurity firms, is negotiating...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?