Is Yes Bank a Scheduled Bank

Can you tell me if Yes Bank comes under Scheduled Commercial Banks in India as I want to know about it before investing in it?

[pawan]

A scheduled bank, in India, refers to a bank which is listed in the 2nd Schedule of the Reserve Bank of India Act, 1934. Scheduled banks are usually private, foreign and nationalized banks operating in India.

However, cooperative banks are allowed to seek scheduled bank status if they satisfy certain criteria. A scheduled bank is eligible for loans from the Reserve Bank of India at bank rate. They are also given membership to clearing houses.

Yes, Yes Bank comes under Scheduled Commercial Banks in India. A list of Scheduled Commercial Banks in India is as follows:


Scheduled Commercial Banks


AB BANK LTD.
ALLAHABAD BANK
ANDHRA BANK
AXIS BANK LTD.
BANDHAN BANK LTD.
BANK OF AMERICA N A
BANK OF BARODA
BANK OF CEYLON
BANK OF INDIA
BANK OF MAHARASHTRA
BANK OF NOVA SCOTIA
BARCLAYS BANK PLC
BHARTIYA MAHILA BANK LTD
BNP PARIBAS
CANARA BANK
CATHOLIC SYRIAN BANK
CENTRAL BANK OF INDIA
CITIBANK N A
CITY UNION BANK LTD
COMMONWEALTH BANK OF AUSTRALIA
CORPORATION BANK
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK
DBS BANK LTD
DCB BANK LTD.
DENA BANK
DEUTSCHE BANK AG
DHANLAXMI BANK LTD.
DOHA BANK QSC
FEDERAL BANK LTD
HDFC BANK LTD.
HSBC LTD
ICICI BANK LTD.
IDBI BANK LTD.
IDFC BANK LTD.
INDIAN BANK
INDIAN OVERSEAS BANK
INDUSIND BANK LTD.
JAMMU & KASHMIR BANK LTD
JP MORGAN CHASE BANK N A
KARNATAKA BANK LTD.
KARUR VYSYA BANK LTD
KOTAK MAHINDRA BANK LTD.
KRUNG THAI BANK PLC
LAKSHMI VILAS BANK LTD
MASHREQ BANK PSC
NAINITAL BANK LTD
NATIONAL AUSTRALIA BANK
ORIENTAL BANK OF COMMERCE
PUNJAB & SIND BANK
PUNJAB NATIONAL BANK
RBL BANK LTD
ROYAL BANK OF SCOTLAND
SBM BANK (MAURITIUS) LTD
SHINHAN BANK
SOCIETE GENERALE
SONALI BANK LTD.
SOUTH INDIAN BANK LTD
STANDARD CHARTERED BANK
STATE BANK OF BIKANER AND JAIPUR
STATE BANK OF HYDERABAD
STATE BANK OF INDIA
STATE BANK OF MYSORE
STATE BANK OF PATIALA
STATE BANK OF TRAVANCORE
SYNDICATE BANK
TAMILNAD MERCANTILE BANK LTD
UCO BANK
UNION BANK OF INDIA
UNITED BANK OF INDIA
VIJAYA BANK
YES BANK LTD.