Kolkata, Dec 13 (UNI) YES BANK has announced 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, according to a media statement here on Friday.

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.

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 ₹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.

UNI SJC KK