Yes. I understand the bank is doing well and aspires to be the "Infosys" of Banking. What I particularly liked about this company is - they are striving hard to become a company driven by Innovation.
Btw, Valuations! The closest comparison to this bank right now Kotak Mahindra. Kotak is trading in 800s. Moreover Yes Bank seems to be a lot more cost effective organization as a whole. Checkout competition details on moneycontrol. I won`t be surprised if Yes Bank is trading at that level in a year`s time or so.