YES BANK Leads India’s Digital Banking with 55.3% Share in UPI Transactions

Date:

Share:

YES BANK, India’s sixth-largest private sector bank, has reinforced its digital leadership in Q1 FY26, commanding 55.3% market share as a payee PSP in UPI and 33.3% share as a payer PSP. The Bank also tops the Aadhaar-enabled Payment System (AePS) with nearly 30% of transactions and a partner network of over 7.9 lakh outlets nationwide, alongside a 24% share in NEFT transactions.

With a digital-first approach, YES BANK integrates 1,500+ APIs for real-time operations and delivers 92% of individual savings accounts, 93% of current accounts, and 98% of credit cards digitally via its flagship IRIS and IRIS BIZ super apps.

Actively contributing to India’s Digital Public Infrastructure, YES BANK plays a key role in CBDC, OCEN, ONDC, and embedded finance, alongside customer initiatives like ‘Deliver the Bank’.

Mr. Ajay Rajan, Country Head – Transaction Banking Government, MNC & New Economy Business, IBU & Knowledge Units, YES BANK, said , “Financial inclusion for all and building resilience in Indian banking has been part of our larger vision. The scale our digital platforms have achieved are proof of this shift. We are proud to participate and lead the digital transformation of Indian banking by combining innovation with digital infrastructure and tech tools, which enables financial access across the country.”

Backed by innovation, trust, and customer focus, YES BANK aims to further embed itself in India’s digital economy with personalised, seamless, and tech-enabled banking.

Subscribe to our magazine

━ more like this

FESTIVE ADDAS BECOME FINGER LICKIN’ GOOD WITH KFC’S UTSOB’ER BHURIBHOJ OFFERS AND ALL-NEW KRISPY CHICKEN MOMO

Celebrate with KFC’s Utsob’er Bhuribhoj offer & enjoy savings of up to 45%Available only across West Bengal for a limited time onlyAll-new limited edition...

কলকাতায় নিজের লেখা কবিতা ও গান নিয়ে পুজোর আগে অনুষ্ঠান করলেন বিশিষ্ট লেখিকা তসলিমা নাসরিন

কলকাতার মহাজাতি সদনে অনুষ্ঠিত হলো লে রিদম সংস্থা আয়োজিত ঊমা সম্মান ও রিনি মুখার্জি লাইফটাইম অ্যাচিভমেন্ট অ্যাওয়ার্ড । অনুষ্ঠান 'শিকল ভাঙ্গার গল্প' । অনুষ্ঠানে...

India Sets Out Vision for its 2036 Olympic and Paralympic Games Ambition Following IOC Announcement

The Indian Olympic Association welcomes the International Olympic Committee’s announcement, earlier this week, of the cities and countries participating in the process to select...

YES BANK, Satyam Roychowdhury Foundation and Rotary Club of Calcutta Metropolitan East celebrate 4th edition of ‘Sobar Pujo, Durga Pujo’ initiative

Four years ago, YES BANK began an impactful initiative, aiming to ensure that every underserved child in West Bengal can wear new clothes for...

Balaram Mullick and Radharaman Mullick Sweet Pvt Ltd Regains FSSAI License; Announces New Outlet in Kalighat

Following the completion of the required food safety and regulatory compliance measures, Balaram Mullick & Radharaman Mullick Sweet Pvt. Ltd. has received formal approval...

LEAVE A REPLY

Please enter your comment!
Please enter your name here