YES BANK Hosts Export Conclave 2025 in Collaboration with WTC Mumbai
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.
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:
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.
As part of its commitment to fostering economic growth, YES BANK introduced two new initiatives under its YES Business suite:
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.
This initiative is expected to boost the confidence of MSME exporters, ensuring faster access to funds and reducing financial bottlenecks in the export process.
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.
This initiative aligns with YES BANK’s vision to promote financial inclusivity and enable women entrepreneurs to take their businesses to international markets.
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:
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. |
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