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Yes Bank's plans

HYDERABAD: The new generation private bank Yes Bank will start operating seven of the 30 branches for which it holds licences by this month end. This includes the Hyderabad branch, according to R. Srikrishnan, Executive Director. Addressing a press conference here on Thursday, he said it was in an `advanced' stage of discussions with a major non-life insurance company to distribute their products. The bank already has a tie-up with a life insurance company (Max New York Life).

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