Yes Bank
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Yes Bank ATMs across several cities run out of cash
India | Mar 06, 2020, 01:12 PM ISTAfter RBI capped withdrawal limit of Rs 50,000 on Yes Bank's depositors, people were witnessed queuing up outside Yes Bank ATM's across cities as many of them have run out of cash. The National Stock Exchange (NSE) has also imposed restrictions on Yes Bank shares in various segments, including futures and options.
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SBI Chairman meets Sitharaman over Yes Bank issue
Business | Mar 06, 2020, 01:38 PM ISTSBI Chairman Rajnish Kumar on Friday arrived in Parliament to meet Finance Minister Nirmala Sitharaman to discuss the Yes Bank issue.
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PhonePe suffers outage after Yes Bank put under moratorium
Business | Mar 06, 2020, 01:09 PM ISTThe Payments firm PhonePe suffered an outage in its services on Thursday after its banking partner Yes Bank was placed under a moratorium by the government.
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NSE puts restrictions on Yes Bank shares in various segments
Business | Mar 06, 2020, 12:08 PM ISTThe categories placed under restriction include debt, securities lending and borrowing scheme, currency derivatives, commodity derivatives, futures and options, as per notification by NSE.
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Who is Prashant Kumar, Yes Bank's newly appointed administrator
Business | Mar 06, 2020, 11:55 AM ISTFormer SBI's chief financial officer, Prashant Kumar has been appointed as the new administrator of Yes Bank after a moratorium has been imposed by the RBI on the bank and withdrawal limit to its customers has been capped at Rs 50,000. Kumar's appointment has been made by the RBI.
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Yes Bank resolution will be done very swiftly; 30 days is outer limit: RBI Governor
Business | Mar 06, 2020, 01:37 PM ISTRBI Governor Shaktikanta Das on Friday said that the Yes Bank resolution will be done very swiftly and 30 days is the outer limit.
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Moratorium on Yes Bank credit negative: Moody's
Business | Mar 06, 2020, 10:42 AM ISTThe Reserve Bank on India's moratorium and withdrawal cap on Yes Bank is credit negative, and the lack of coordinated action action highlights continued uncertainty around bank resolutions, Moody's Investors Service said on Friday.
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Yes Bank shares nosedive 25 per cent; other banks plunge too
Business | Mar 06, 2020, 10:31 AM ISTYes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment. The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender.
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Explained: Yes Bank crisis and what it means for depositors and its impact
Business | Mar 06, 2020, 04:12 PM ISTYes Bank Crisis: In a rare move, the capital-starved Yes Bank was placed under a moratorium on Thursday, with the the central bank capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board. Know what it mean for depositors and its impact
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Are our savings safe, asks Owaisi after Yes Bank withdrawal limit capped at Rs 50,000
India | Mar 06, 2020, 10:10 AM ISTAIMIM chief Asaduddin Owaisi has hit out at the Centre after RBI imposed a moratorium on Yes Bank, capping withdrawal limit to Rs 50,000 asking are our savings safe from banks.
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RBI caps withdrawal limit from Yes Bank to Rs 50,000
News | Mar 06, 2020, 11:21 AM ISTReserve Bank of India (RBI) has put Yes Bank under moratorium and capped its withdrawal limit to Rs 50,000 for its account holders per month. Board of Directors has been superseded for period of 30 days.
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RBI sets Rs 50000 withdrawal limit on Yes Bank accounts
News | Mar 06, 2020, 11:24 AM ISTThe government restricted withdrawal from capital starved Yes Bank at Rs 50,000 in the next one month. This restriction will remain till April 3, 2020.
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SBI Board gives 'in-principle' approval for investment in Yes Bank
Business | Mar 06, 2020, 06:51 AM ISTThe SBI board has given the largest lender an "in-principle" approval to invest in the capital-starved Yes Bank. The central board of SBI discussed the matter at a meeting on Thursday, it informed the exchanges.
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Yes Bank takeover: What you should know
Business | Mar 05, 2020, 11:21 PM ISTThe Reserve Bank on Thursday imposed a moratorium on the capital-starved Yes Bank and capped withdrawals at Rs 50,000 per account till further orders
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RBI takes over Yes Bank Board, withdrawal limit set to Rs 50,000
Business | Mar 05, 2020, 10:22 PM ISTYes Bank: RBI has superseded Board of Directors of Yes Bank. RBI has appointed former State Bank of India Chief Financial Officer Prashant Kumar as administrator for the bank.
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RBI caps withdrawals in Yes Bank at Rs 50,000
Business | Mar 05, 2020, 09:09 PM ISTThe Reserve Bank of India (RBI) on Thursday imposed a moratorium on withdrawals at Yes Bank, as it capped withdrawals at Rs 50,000
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Govt approves SBI's plan to buy Yes Bank stake: Report
Business | Mar 05, 2020, 01:05 PM ISTCash-starved Yes Bank may be rescued by country's largest lender State Bank of India-led consortium as reports suggest that the government has approved a plan in this regard to save the bank from sinking.
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Yes Bank dropped Nifty 50 Mar 27 Shree Cement to move in
Business | Feb 18, 2020, 06:48 PM ISTShree Cement will replace private lender Yes Bank in the benchmark index Nifty 50 from March 27, NSE Indices, a subsidiary of the National Stock Exchange (NSE), said on Tuesday.
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Yes Bank sells over 15 lakh shares of SICAL Logistics
Business | Jan 30, 2020, 09:39 PM ISTYes Bank on Thursday said it has sold more than 15 lakh shares, constituting 2.68 per cent of equity stake, of SICAL Logistics in various tranches. The shareholding of Yes Bank in SICAL Logistics has come down to 5.49 per cent post sale of the 15.66 lakh shares, according to a regulatory filing.
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Yes Bank crisis: Here's what SBI chairman Rajnish Kumar has to say
Business | Jan 23, 2020, 01:57 PM ISTWill Yes Bank shut down? Over the past year, several private lenders including Yes Bank are under financial stress. Speaking on ongoing Yes Bank 'deep' financial crisis, State Bank of India chairman Rajnish Kumar said YES Bank ‘will not be allowed to fail’.