The importance of YES Bank and their involvement was...

The importance of YES Bank and their involvement was instrumental to the ECT-NMDC-NLC Tripartite Agreement.


In January 2014, YES Bank announced to the world the efficacy of our very own Coldry.

YES BANK to partner with ECT, Australia to promote Clean Coal Technology in India.

Aditya Sanghi, Senior MD, Investment Banking, YES BANK stated, "ECT's Coldry technology offers sustainable and long term solution to meet the growing energy demands of India while mitigating the daunting issues of climate change. YES BANK has a strong commitment to mainstreaming sustainability within the industry and this partnership with ECT is a natural extension of our efforts to create sustainable development of India. YES BANK's Sustainable Investment Banking team has in the past successfully delivered technology commercialization solutions to international clean technology ventures. It offers a unique knowledge-driven approach and has a strong understanding of the space with deep rooted relationships."

http://www.4-traders.com/YES-BANK-L...mote-Clean-Coal-Technology-in-India-17802707/


The Foz acknowledged YES Bank in the recent announcement:

ECT Chairman, Mr Glenn Fozard added, "We must also acknowledge our in-country business adviser YES BANK. Doing business in India is challenging and their support has been instrumental in navigating the complexities."

http://www.abnnewswire.net/press/en...ding_Agreement_with_NLC_and_NMDC_secured.html


And today YES Bank announced notable "expansion & knowledge initiatives" and "awards & recognitions"

- YES BANK has signed loan agreements totaling USD 265 Mn with OPIC, the US Government’s Development Finance arm and Wells Fargo to increase lending to Micro, Small and Medium Enterprises (MSMEs).

- YES BANK has signed an MoU with the London Stock Exchange Group to develop bond and equity issuance markets with particular focus on high growth potential and relatively untapped sector of Green Infrastructure Finance Bonds. Basis market conditions, YES BANK will also explore the possibility of listing a Green Bond of upto USD 500 mn on the London Stock Exchange.

- On the occasion of COP21, Paris , YES BANK committed to target mobilizing USD 5 Billion for Climate Action by 2020.

- YES BANK became the First Indian Bank to join the World Business Council for Sustainable Development (WBCSD).

- YES BANK was recognized as Bank of the Year – India – 2015 , by the world’s leading The Banker magazine( part of the Financial Times Group, UK) at a ceremony in London. This is the most prestigious worldwide recognition awarded to Banks.

- YES BANK won multiple awards in the in the prestigious Business Today – KPMG India’s Best Banks Survey in January 2016. This is the 7th year in a row, where YES BANK has been recognized by Business Today in its annual Banking survey. The awards include:
- Best Mid Sized Bank (Overall) Best Mid Sized Bank
- Quality of Assets Best Mid Sized Bank
- Growth Most Improved Bank

- YES BANK was adjudged “Strongest Bank in India by Balance Sheet 2015” by The Asian Banker Magazine, Singapore. This is the 3rd time in the last 4 years that YES BANK has received this recognition.

- YES BANK continued its leadership for the 5th consecutive year on the Carbon Disclosure Leadership Index (CDLI) of CDP. YES BANK scored 98 points out of a maximum of 100 points making it a joint 3rd on the India Leader board of CDP.

- YES BANK is finalist for the Asia Sustainability Reporting Awards 2015 (Singapore), in the categories “Asia's Best Sustainability Report” and Asia's Best Community Reporting.

- YES BANK was recognized with the prestigious ET Best Corporate Brand – 2016 award by The Economic Times publication.

- YES BANK was awarded the Special CSR Recognition at the CREDAI Conclave 2015 held during 15-17 December, 2015


Talk about YES BANK's commitment to sustainability and the sustainable development of India!! Wowwee ... such a great strategic alliance for ECT to have!!

Anyway ... my post was just an FYI for everyone on the forum.

GLTAH. DYOFR. GO ESI! BANG!