YES BANK, India’s sixth-largest private sector bank, joined forces with the World Trade Center (WTC) Mumbai to host the prestigious Export Conclave 2025 at YES BANK House. The event served as a significant platform for exporters, industry leaders, and government officials to discuss emerging trade trends, challenges, and global market opportunities.
With a strong focus on empowering MSMEs (Micro, Small, and Medium Enterprises) and enhancing India’s export ecosystem, the conclave emphasized trade facilitation, financial support, and innovation in export services.
Key Highlights of Export Conclave 2025
Strategic Partnership Between YES BANK and WTC Mumbai
One of the most significant moments of the event was the signing of a Memorandum of Understanding (MoU) between YES BANK and WTC Mumbai. This strategic collaboration aims to:
- Enhance MSMEs’ access to credit.
- Provide trade facilitation services for smoother international transactions.
- Offer global market insights to help exporters navigate evolving trade environments.
By leveraging this partnership, YES BANK and WTC Mumbai seek to reinforce India’s position in global trade and provide exporters with essential tools and financial support to scale their businesses.
YES BANK’s Flagship Offerings for MSMEs and Women Entrepreneurs
As part of its commitment to fostering economic growth, YES BANK introduced two new initiatives under its YES Business suite:
1. YES Exports: A Comprehensive Export Financing Solution
Designed specifically to empower export-oriented businesses, YES Exports provides a robust financial ecosystem that facilitates pre-shipment and post-shipment finance. This initiative enables exporters to secure quick access to working capital and scale their businesses efficiently.
Key Features of YES Exports:
- Export finance up to ₹10 crore with minimal collateral requirements.
- Financing based on financial performance rather than traditional lending constraints.
- Expert trade advisory to guide businesses in international market expansion.
- A digital SME service desk for easy access to banking solutions.
- Seamless global transactions with competitive forex rates and efficient export bill processing.
This initiative is expected to boost the confidence of MSME exporters, ensuring faster access to funds and reducing financial bottlenecks in the export process.
2. YES PowherUp: Empowering Women Entrepreneurs
Recognizing the increasing role of women entrepreneurs in business and trade, YES BANK launched YES PowherUp, a financial initiative dedicated to supporting women-led enterprises.
Benefits of YES PowherUp:
- Access to customized business loans for expansion and operations.
- Financial planning and advisory services to help women entrepreneurs make informed decisions.
- Preferential forex exchange rates and export bill processing benefits.
- Networking opportunities with industry experts and global trade professionals.
This initiative aligns with YES BANK’s vision to promote financial inclusivity and enable women entrepreneurs to take their businesses to international markets.
The Impact of Export Conclave 2025
The Export Conclave 2025 successfully brought together over 100 exporters, industry leaders, and government representatives, fostering discussions on export growth strategies and trade policy reforms. Some of the key outcomes of the conclave include:
- MSME Growth Acceleration: By improving credit access and offering trade facilitation services, MSMEs now have greater opportunities to expand globally.
- Stronger Public-Private Partnerships: The event reinforced the need for deeper collaboration between banks, trade organizations, and government bodies to enhance India’s export capabilities.
- Market Intelligence & Trends: Participants gained valuable insights into global trade trends, regulatory frameworks, and evolving market demands.
Summary of Export Conclave 2025
Category | Details |
---|---|
Why in News? | YES BANK, in collaboration with World Trade Center (WTC) Mumbai, hosted the Export Conclave 2025 at YES BANK House. |
Objective | To empower MSMEs, discuss emerging trade trends, and strengthen India’s export ecosystem. |
Key Event | Signing of a Memorandum of Understanding (MoU) between YES BANK and WTC Mumbai. |
Purpose of MoU | – Enhance MSMEs’ access to credit.- Provide trade facilitation services.- Offer global market insights. |
New Initiatives Launched | YES Exports (for MSMEs) and YES PowherUp (for women entrepreneurs). |
YES Exports – Key Features | – Export finance up to ₹10 crore with minimal collateral.- Based on financial performance.- Expert trade advisory.- Digital SME service desk.- Competitive forex rates for seamless transactions. |
YES PowherUp – Benefits | – Customized business loans for women-led enterprises.- Financial planning and advisory.- Preferential forex exchange rates.- Networking opportunities. |
Impact of the Conclave | – Accelerated MSME growth through better credit access.- Stronger public-private partnerships for export support.- Market intelligence for exporters on global trade trends. |
Conclusion | The conclave reinforced YES BANK’s commitment to supporting MSMEs and women entrepreneurs, boosting India’s trade competitiveness. |