Yes Bank launches ‘YES GST’ program to assist MSMEs become GST-Ready
Through the program, the bank will help MSMEs understand the impact of the proposed changes and prepare them for migration to the new GST tax system.
Yes Bank in line with its Responsible Banking ethos is committed to supporting the MSME sector and giving it the much needed thrust to put it on a sustainable growth path.
In addition to MSMEs, the campaign will also target Chartered Accountants who are an important stakeholder in the journey for the MSMEs, and Yes Bank employees, who will be made GST ready to support these MSMEs.
Commenting on the initiative, Rana Kapoor, Managing Director and CEO, YES BANK said, “GST is the most significant economic reform since liberalization launched in 1991, and envisages ‘one Economic India’. MSMEs are the backbone of the economy and it is vital to ensure that they are GST prepared. At YES BANK, we realize the importance of actualizing this learning objective using our differentiated knowledge banking approach.”
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