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X-IndexRipple, XRPL & XRP
XRP$1.4170−1.05%
Index

Bank

YES BANK

BRICSAnnounced. The strongest remaining claim is announced, paused, or unclear. It may be inactive.

Indian bank named as a Ripple customer in April 2017.

Headquarters
Mumbai, India
Documented activity countries
India
Website
www.yesbank.in
Last reviewed
2026-09-09

Named products / networks / assets: Ripple network

Claims and evidence

Each claim is stored at project level. Integrated means a capability was implemented; live requires evidence of actual operation.

Ripple customerAnnounced

YES BANK was named by Ripple on 26 April 2017 among ten financial institutions joining Ripple’s global payments network.

Geographic basis: Headquarters in IN. Activity countries are those named in the cited announcement, not the bank’s full branch network. · Activity: India

Company announcement

Ten More Financial Institutions Join Ripple’s Global Payments Network

Ripple · published 2017-04-26 · checked 2026-09-09

New customers named: MUFG, BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com. BBVA is described as using Ripple for real-time payments between Europe and Mexico. Akbank is described as the first bank in Turkey to adopt blockchain. MUFG said it was joining the Japan Bank Consortium.

Joining the network is recorded as a RippleNet membership. 2026 status not confirmed from this 2017 release.

Open source

Related organizations

Each link is sourced. The step count labels path length. A chain of business relationships is not evidence that the far organization uses XRP.

  • Ripple1-step · date not stated

    Named Ripple relationship

Uncertainties and missing follow-up

  • Later commercial status was not independently confirmed for this release.

X-Index (xindex.info) is an independent community research directory. v0.9.9 adds Documents from a user-supplied PDF list: ECB 2015 virtual-currency analysis, Ripple’s 2021 House of Lords evidence, Palau PSC press, a World Bank CBDC energy note citing Ripple’s XRP table, and academic papers (Jani, Mokeeva/Novosibirsk lab cite, Firouzi, etc.) labeled Academic — not institutional endorsement. A 2018 student overview is not a bank customer. v0.9.8 adds Shariyah Review Bureau’s March 2022 Sharia Analysis of Ripple/XRP (alongside the existing XRP Compliant screen) and Ripple’s 2023–2024 seat on the BIS CPMI PIE task force — a historical industry-committee membership, not a current listing and not XRP as a G20 rail. v0.9.7 adds a Documents catalog of institutional and business pages that actually name Ripple, XRPL, or XRP — a caption or screenshot is not the source. Flags are headquarters plus sourced activity countries. A BRICS or OPEC mark is country membership, not a bloc partnership. A past announcement is not a current-day connection. Counts are documented organizations in this database, not exhaustive national adoption. Last updated 2026-09-09. Not affiliated with Ripple.