Rana Kapoor, Managing Director & CEO, Yes Bank said, "Custodial Services will complement Yes Bank's existing Capital Market offerings and enable the bank to play a larger role in channelizing domestic and foreign investments into Indian Financial Markets. Yes bank has built state-of-the-art Technology driven infrastructure, integrated with best-in-class Human Capital to offer the finest quality Custodial services to our Capital Market Clients. This approval is a reflection of Yes Bank's growing presence in Indian financial markets and increasing market share over the last 14 years since inception. We re-iterate our commitment towards providing complete financial products suite for all our valued customers."