The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
Founded in 2004, Yes Bank (BSE: 532648) is a private sector bank with a Market Cap of Rs 14,733.12 Crores and employs over 5,642 employees as on March 31st, 2012. Today its is on the cusp of a major transformation. In a candid conversation with Amit Sethi, the CIO of Yes Bank, he emphasizes on the importance of an innovative mindset. We also hear his views about the transitioning role of a CIO and the absolute necessity for the IT team to transform to a business IT team. Here are some excerpts from the interview.
Charting the growth graph
Yes Bank began rapid expansion a year and a half back and has reached a different stage in its maturity cycle where we are on an upwards growth trajectory. Our aim is to obtain retail liabilities and assets and build an entire retail franchise for the bank from scratch. The atmosphere is exciting and filled with enthusiasm.