Company Directory - Yes Bank Limited
Company Details - Yes Bank Limited
Yes Bank Limited
WebsiteMumbai, India
Yes Bank is a private sector bank in India offering a wide range of banking and financial services, including retail banking, corporate banking, and other innovative financial solutions designed to meet the needs of its diverse customer base.
CCI Score
CCI Score: Yes Bank Limited
-27.73
0.01%
Latest Event
Yes Bank Workforce Restructuring Raises Labor Rights Concerns
Yes Bank's decision to lay off 500 employees as a part of its internal restructuring raises significant concerns regarding its commitment to fair labor practices and worker welfare. The move, aimed at reducing operating costs, may signal a broader disregard for employees' rights and job security.
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ACCOMPLICE
Yes Bank Limited is currently rated as an Accomplice.
Latest Events
- JUN262024
Yes Bank's decision to lay off 500 employees as a part of its internal restructuring raises significant concerns regarding its commitment to fair labor practices and worker welfare. The move, aimed at reducing operating costs, may signal a broader disregard for employees' rights and job security.
-50
Labor Relations and Human Rights Practices
March 22
The significant workforce reduction by laying off 500 employees, with indications of further cuts, suggests that cost-cutting is being prioritized over employee welfare. This decision reflects a troubling disregard for labor rights, as it undermines job security and may set a precedent for adverse treatment of the workforce, resonating with broader concerns about ethical responsibility during corporate restructuring.
- JUN262024
Yes Bank laid off 500 employees as part of a restructuring exercise purportedly aimed at creating a leaner and more operationally efficient organization. This move, however, raises concerns over the bank's commitment to fair labor practices and the welfare of its workforce.
-40
Business Practices and Ethical Responsibility
March 22
The decision to lay off 500 employees, despite being labeled as an operational efficiency measure, reflects a negative approach toward labor relations. This action undermines worker rights and highlights potential ethical issues within the bank's business practices. In the context of rising concerns about corporate complicity in fostering authoritarian practices through exploitation of workers, such a decision is particularly concerning.
Yes Bank lays off 500 employees in restructuring exercise; more job cuts likely: Report
- OCT152023
A restructuring move at Yes Bank has led to the layoff of 500 employees, raising alarms over the bank's labor practices and its treatment of workers.
-40
Labor Relations and Human Rights Practices
March 22
The recent restructuring at Yes Bank, resulting in the layoff of 500 employees, highlights troubling labor practices that undermine worker rights. From an anti-fascist perspective, such actions contribute to an environment where corporate decisions disregard the welfare of employees, aligning poorly with ethical labor standards and potentially fueling broader socio-economic disparities.
- MAY072020
An analysis detailing how companies associated with Yes Bank's defaulter groups have made substantial political contributions to parties such as the BJP, raising concerns about indirect support for authoritarian practices.
-60
Political Contributions and Lobbying Efforts
March 22
The article highlights significant financial contributions made by defaulter groups linked to Yes Bank to political parties, predominantly the BJP. Such contributions are seen as bolstering far-right political power and indirectly supporting authoritarian agendas. This raises questions about Yes Bank’s connections and the broader impact of its lending and association practices on democratic processes.
- MAY072020
An analysis of significant political donations made by defaulter groups associated with Yes Bank, revealing large contributions to parties like the BJP. The event highlights concerns over financial improprieties linking to political influence that may bolster authoritarian influences.
-50
Public and Political Behavior
March 22
The report details how several defaulter groups connected to Yes Bank have made substantial political contributions, particularly to the BJP, a party associated with authoritarian policies. This financial engagement raises critical questions about corporate complicity in undermining democratic accountability and supporting far‐right agendas. Given that political donations can translate into increased influence over policy-making, this behavior is rated negatively from an anti-fascist perspective.
- MAY072020
An analysis based on a Factly article that highlights significant political contributions made by companies associated with defaulters of Yes Bank. The evidence indicates that these groups have been major donors to political parties such as the BJP, raising concerns over Yes Bank's due diligence in lending practices and its indirect facilitation of funding to entities that may support authoritarian policies.
-60
Political Contributions and Lobbying Efforts
March 22
The Factly report reveals that companies associated with defaulters of Yes Bank are actively funding political parties with authoritarian leanings, notably the BJP. This raises serious questions about Yes Bank's lending policies and its indirect complicity in channeling funds towards authoritarian entities, thereby undermining democratic processes.
- DEC232014
The Asian Development Bank's $200 million loan to YES Bank is aimed at promoting financial inclusion among low-income rural women and small-holder farmers, reinforcing ethical business practices and supporting community empowerment in India.
+80
Business Practices and Ethical Responsibility
March 22
YES Bank’s initiative to utilize the ADB loan to finance low-income rural women and small-scale farmers demonstrates a commitment to ethical banking and social responsibility. By enhancing financial inclusion and supporting community-based economic activities, the bank contributes positively to societal welfare, countering tendencies that may otherwise support repressive economic structures.
ADB $200 Million Loan to YES Bank Helps Rural Women, Small Holder Farmers
+70
Economic and Structural Influence
March 22
The loan not only exemplifies ethical business practices but also reinforces structural economic influence by providing necessary capital for sustainable growth in rural areas. This approach helps mitigate economic disparities and strengthens the local economy, thereby supporting long-term inclusive development which opposes trends that may empower authoritarian practices.
ADB $200 Million Loan to YES Bank Helps Rural Women, Small Holder Farmers
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