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19 April, 2024 16:01 IST
Yes Bank included in Emerging Markets index of DJSI
Source: IRIS | 13 Oct, 2015, 01.13PM
Rating: NAN / 5 stars.
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Yes Bank, one of the leading private sector banks, has been selected as an index component of the Dow Jones Sustainability Indices (DJSI) in the Emerging Markets index.

The bank said, "116 banks from emerging economies were invited to participate, of which Yes Bank is the only Indian Bank to have been included. The selection is effective from Sept. 21, 2015 and valid for one year."

The index comprises of 92 companies from 14 emerging economies including China, Brazil, South Africa and Taiwan.

Rana Kapoor, managing director & CEO, Yes Bank said, "We are extremely proud to be the first Indian Bank to be selected in the Dow Jones Sustainability Indices, in Emerging Markets index. YES BANK strives to set an industry benchmark towards creating a sustainable ecosystem and serve our customers, clients, employees and communities better. We certainly hope that this global recognition will help evangelize sustainability and environment management in the entire banking sector."

Launched in 1999, the DJSI are the longest-running sustainability benchmarks globally that follow a best-in-class approach to measure the performance of global sustainability leaders. It is a part of the S&P Dow Jones Indices, the world’s largest global resource for index-based concepts, data and research.

Shares of the bank gained Rs 6.8, or 0.94%, to trade at Rs 731.00. The total volume of shares traded was 216,934 at the BSE (1.04 p.m., Tuesday).

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