Yes Bank deposits rated at A1+ by ICRA

Mumbai: Yes Bank has obtained a A1+ rating from ICRA for its 'certificate of deposit programme', which indicates highest safety in the short term factors.

Yes Bank which recently commenced commercial operations, focuses on key sectors such as food and agri-business, infrastructure management with a focus on agri-infrastructure and sustainable, renewable energy, life sciences and healthcare, technology and telecom.

Yes Bank plans to have a 250-branch network within five years with a balanced mix in urban, semi-urban and key rural agri-business pockets across India. It will access additional capital from public shareholders and raise subordinate debt to mobilise capital for its growth plans.