YES Bank Launches Frictionless Finance Accelerator Program in Collaboration with RBIH and SPJIMR.

Banking & Finance

In January 2025, YES Bank, headquartered in Mumbai, Maharashtra, launched the Frictionless Finance Accelerator Programme in partnership with the Reserve Bank Innovation Hub (RBIH) and the S.P. Jain Institute of Management and Research (SPJIMR).


      - The initiative, unveiled on National Startup Day (January 16, 2025), aims to help fintech startups scale their innovations and promote financial inclusion in India.

     

     

Main Point :-   (i) Focus on innovations in digital lending, AI-powered risk management, blockchain-based payments, and financial inclusion.

      (ii) Startups will receive support from YES Bank, RBIH, and SPJIMR through platforms like YES Connect, enabling them to navigate regulations, improve business models, and foster growth through industry partnerships.

(iii) The programme aligns with the global investment surge in venture capital, which reached USD 314 billion in 2024, and the projected USD 20 trillion global digital economy by 2030.
About YES Bank

CEO: Prashant Kumar
Headquarter : Mumbai
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