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  Moody's places Yes Bank's ratings under review; direction uncertain

  Business | January 17, 2020 12:51 IST

  Moody's Investors Service has placed Yes Bank's long-term foreign currency issuer rating of B2 under review, with the direction uncertain, citing "slowness in raising new capital". "The placing of Yes Bank's deposit rating of B2 under review reflects Moody's expectation that the bank's standalone viability is getting increasingly challenged by its slowness in raising new capital," the US-based agency has said in a statement.

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  Making efforts to financially strengthen bank further: Yes Bank

  Business | January 15, 2020 16:00 IST

  Allaying concerns over reports of its weakening financial health, Yes Bank on Wednesday said the lender''s capital adequacy is at a comfortable level and efforts are being made to further strengthen it. The bank has asked its customers not to pay heed to rumours about its financial health.

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  Yes Bank shares plunge over 5 per cent after independent director resigns

  Business | January 10, 2020 17:04 IST

  Shares of Yes Bank on Friday tumbled over 5 per cent after the company's Independent Director Uttam Prakash Agarwal resigned citing "serious concerns" on "deteriorating practices" and the state of affairs at the private sector lender. The scrip plunged 5.29 per cent to close at Rs 44.80 on the BSE.

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  Yes Bank independent director Uttam Agarwal resigns citing 'deteriorating practices'

  Business | January 10, 2020 16:02 IST

  Yes Bank's independent director Uttam Prakash Agarwal has resigned citing "serious concerns" on "deteriorating practices" and the state of affairs at the private sector lender.

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  Yes Bank to consider USD 500 million offer of Citax group; Braich's offer under discussion

  India | December 10, 2019 20:07 IST

  The board of private lender Yes Bank is willing to favourably consider the offer of USD 500 million investment of Citax Holdings and Citax Investment Group, the bank said on Tuesday.

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  Yes Bank shares fall nearly 10 per cent amid capital infusion

  Business | December 10, 2019 17:43 IST

  Shares of Yes Bank on Tuesday fell over 10 per cent amid reports about difficulty being faced by the lender over a USD 2-billion fundraising plan. The stock dived 10.05 per cent to end at Rs 50.55 on the BSE.

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  Yes Bank hit by rating downgrade, stock slumps to over 5%

  Business | December 06, 2019 11:20 IST

  Yes Bank shares tumbled over 5 per cent in morning deals on Friday, hit by ratings downgrade by Moody's Investors Service. The lender's shares were trading at 58.75 apiece, down 5.39 per cent on the BSE. Likewise, the stock dived 5.23 per cent to Rs 58.85 per unit on the NSE.

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  Ahead of fund raising plan, Moody's shocker for Yes Bank

  Business | December 05, 2019 19:05 IST

  The bank has been finding the going tough since August last year, after the RBI refused to clear the reappointment of co-promoter and chief executive Rana Kapoor on concerns around corporate governance and poor lending practices.

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  Yes Bank shares close over 3 per cent higher after Rakesh Jhunjhunwala buys stake

  Business | November 05, 2019 16:39 IST

  Shares of Yes Bank on Tuesday closed over 3 per cent higher after ace investor Rakesh Jhunjhunwala bought nearly 1.3 crore shares of the company for around Rs 87 crore through open market transactions. The scrip gained 3.40 per cent to close at Rs 68.35 on the BSE. During the day, it advanced 8.77 per cent to Rs 71.90. On the NSE, it climbed 3.25 per cent to close at Rs 68.30.

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  Yes Bank shares zoom 9 per cent after Rakesh Jhunjhunwala buys stake

  Business | November 05, 2019 11:22 IST

  According to bulk deal data available with the BSE, Jhunjhunwala purchased 1,29,50,000 shares of the private lender amounting to 0.5 per cent stake.

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  Sensex, Nifty open on tepid note; Yes Bank rallies 5 pc

  Business | November 05, 2019 10:31 IST

  The broader NSE Nifty too advanced 50.70 points, or 0.43 per cent, to close at 11,941.30.

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  Data shows Rakesh Jhunjhunwala bought Yes Bank shares worth ₹87 crore

  Business | November 04, 2019 20:42 IST

  Data from stock exchanges has showed that ace stock market investor Rakesh Jhunjhunwala bought Yes Bank shares worth Rs 87 crore. According to the data, Jhunjunwala purchased 12.95 million shares of the lender at a price of Rs 67.1 apiece. 

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  Yes Bank shares plunge 15 per cent after Quarter 2 net loss

  Business | November 04, 2019 14:16 IST

  The scrip made a weak opening and tumbled 9.98 per cent to Rs 59.95 on the BSE. At the NSE, it cracked 14.93 per cent to Rs 56.65. Later, it witnessed some recovery and was trading at Rs 66.20, 0.60 per cent lower on the BSE in afternoon trade

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  DBS denies reports of Yes Bank acquisition

  Business | November 02, 2019 23:40 IST

  Singapore-based DBS Bank said on Saturday that reports claiming that it will acquire controlling stakes in Yes Bank were false. "The rumours of DBS acquiring a stake in Yes Bank are unfounded and baseless," a DBS spokesperson told IANS.

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  Yes Bank gets USD 1.2-bn binding offer from global investor

  Business | October 31, 2019 14:24 IST

  The fund raise is subject to regulatory approvals and bank's board and shareholders approvals, it said in a regulatory filing.

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  Yes Bank sells 6.56 per cent stake in Fortis Healthcare for Rs 645 cr

  Business | October 14, 2019 20:20 IST

  Private sector lender Yes Bank on Monday offloaded 6.56 per cent stake in leading hospital chain Fortis Healthcare for a little over Rs 645 crore through an open market transaction. After the sale, the lender now holds just 1,850 shares in the hospital chain, latest shareholding data available with the BSE showed.

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  Yes Bank shares gain over 8 per cent on fresh investment buzz

  Business | October 07, 2019 19:18 IST

  Shares of Yes Bank rallied over 8 per cent on Monday on prospects of fresh investments in the company. Shares of the private sector lender settled 8.19 per cent higher at Rs 45.60 on the BSE. Intra-day, the stock gained as much as 10.79 per cent at Rs 46.70.

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  Sensex declines 141 points; Yes Bank rallies 8 per cent

  Business | October 07, 2019 16:05 IST

  After swinging 439 points during the day, the 30-share Sensex ended 141.33 points, or 0.38 per cent, lower at 37,531.98. It hit an intra-day low of 37,480.53 and a high of 37,919.47.  

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  Yes Bank complains fake news hampering stocks

  Business | October 07, 2019 11:43 IST

  The bank has requested the authorities to form a multi-disciplinary team of experts for detecting the origin of the fake news and assess the short-sell positions, held either directly or indirectly by such accused persons.  

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  Sensex opens on a volatile note; Yes Bank rallies 4 pc

  Business | October 07, 2019 10:47 IST

  After opening in the positive terrain, the 30-share index swung over 300 points in early trade.