If You Would Have Invested 4 Lakhs In YES Bank In 2005, You Would Be A Crorepati Today

If you would have invested 4 lakhs in YES Bank in 2005 (when the Bank listed on the stock exchanges), you would have been a crorepati today

There are two kinds of investors – one who invests smartly. He puts money in companies, reaps benefits, and then takes the profit and makes another educated investment – so on and so forth.

Then there is the other kind of investor, with a stern faith in a small but promising company. Usually, these investors have a very keen eye and are extremely patient. They invest a decent amount of money and wait – sometimes for decades.

The best example of such an investor – Warren Buffet.

The best example of such a promising company – YES Bank.

The growth is nothing short of phenomenal.

In 2005, a share of YES Bank was valued at Rs. 45. On July 12, 2016 which was the 11th Anniversary of Listing of YES BANK, the share was valued at Rs. 1155

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Image source

That is a staggering growth. If you had invested money in YES Bank back then, the value of your investment would be 25 times that amount.

 

YES Bank literally was a startup in 2004.

YES-BANK-1Today it has a market cap of $7 billion, that is 46 thousand crores!

 

In just 12 years, YES Bank has created and maintained over 16,400 employees

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In the time when American banks were collapsing, YES Bank was growing.

 

YES Bank is the youngest Indian company to make it to the Forbes 2000 list

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Not only that, but it is also one of the youngest banks in the world to make it to the list. This young bank is led from the front by Rana Kapoor, who was named the Startup Entrepreneur of the Year in 2005 by Ernst and Young.

Today he is the Managing Director and CEO.

 

It has become the 5th largest private sector bank in India.

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If we compare, SBI started in 1959, and ICICI in 1955. It is thoroughly impressive what Yes Bank has achieved in just 12 years.

Yes Bank is one of those companies that make you regret you didn’t put money in it 10 years ago.

We hope it keeps on growing, as it is growing on social media. They have a million followers on Twitter (@YESBANK), making them the most followed bank in the world.

We also hope it keeps creating jobs in India and becomes a frontrunner in building a stable banking foundation for our ever-growing country.

Until then, think like Warren Buffet and scout out hidden gems like YES Bank on Dalal Street!

Only if I could time travel to 2005 and buy YES bank stocks for my parents!

*crying in the corner* ?

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