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  'Yes Bank aims to double credit card customer base in 2 yrs, grow book by 4-times'

  Business | December 13, 2020 20:43 IST

  Private sector Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in the segment in the next two years, the Head of its Credit Card Business Rajanish Prabhu has said.

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  Yes Bank lacked cost control; aim to cut op expenses by 20 pc in FY21: CEO Prashant Kumar

  Business | October 25, 2020 14:26 IST

  The city-based lender is experiencing delays in loan recovery efforts as big defaulters are approaching courts, its new chief executive and managing director Prashant Kumar told PTI.

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  Cox & Kings CFO, internal auditor arrested in Yes Bank case

  Business | October 07, 2020 16:06 IST

  The Enforcement Directorate (ED) on Tuesday said it has arrested the CFO and internal auditor of Cox & Kings Group in connection with the Yes Bank case.

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  SBI Life inks pact with Yes Bank to sell insurance policies

  Business | September 21, 2020 16:01 IST

  As part of the partnership, SBI Life's diverse range of individual and group insurance solutions will be offered to the customers of Yes Bank through the bank’s branches spread across 28 states and 8 Union Territories in India.

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  ICICI Lombard inks bancassurance tie up with Yes Bank

  Business | September 14, 2020 12:23 IST

  Bancassurance is an agreement between a bank and an insurer to sell its offerings to the lender's customers. Through this tie-up, ICICI Lombard aims to offer innovative insurance solutions to Yes Bank's customers across 28 states and 8 union territories.

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  Yes Bank to exit mutual fund business; inks agreement for sale of subsidiaries

  Business | August 21, 2020 17:39 IST

  Yes Bank on Friday said it will exit mutual fund business by selling its holdings in asset management and trustee subsidiaries.

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  Yes Bank shares soar 5% on repayment of Rs 35,000 cr to RBI

  August 19, 2020 14:25 IST

  Yes Bank shares hit the 5 per cent upper circuit on Wednesday after its Chairman said the bank has repaid Rs 35,000 crore to the Reserve Bank of India (RBI) of the special liquidity facility provided by the Central bank.

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  Yes Bank committed to culture of accountability; working on risk, governance after bailout: New CEO

  Business | August 18, 2020 13:02 IST

  ​Under a new management, Yes Bank has overhauled its risk and governance frameworks to save itself from reputational risks and come out as a brand committed to integrity, its chief executive and managing director Prashant Kumar has said.  

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  LIC acquires close to 5 per cent stake in Yes Bank

  Business | August 06, 2020 23:02 IST

  Yes Bank on Thursday said LIC has acquired close to 5 per cent shareholding in the bank by purchasing shares from the open market. With the fresh acquisition, the hold of LIC has increased from 0.75 per cent to 4.98 per cent, Yes Bank said in a regulatory filing.

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  Moody's upgrades Yes Bank by a notch following capital raising; outlook stable

  Business | August 03, 2020 22:39 IST

  Moody's Investors Service on Monday said it has upgraded Yes Bank's long-term foreign currency issuer rating by a notch to 'B3' from 'Caa1' after a Rs 15,000-crore capital raising.

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  Anil Ambani loses ADAG's Mumbai's Santacruz HQs

  Business | July 30, 2020 13:48 IST

  Yes Bank has taken over the headquarter of Anil Ambani’s group in surburban Santacruz for failure to repay dues worth Rs 2,892 crore.

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  Yes Bank net profit declines 60 per cent to Rs 45 crore in Q1

  Business | July 28, 2020 22:48 IST

  Private sector lender Yes Bank on Tuesday reported 60 per cent fall in its standalone net profit to Rs 45.44 crore for the first quarter ended June 30.It had posted a net profit of Rs 113.76 crore in the same period a year ago, and Rs 2,629 crore in the preceding March quarter.

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  SBI stake in Yes Bank declines to 30 per cent after FPO

  Business | July 28, 2020 8:54 IST

  With the FPO, the share capital of Yes Bank doubled to 2,505.4 crore of face value Rs 2 per share from 1,255 of face value of Rs 2 each, it said. Following the FPO, SBI holding in Yes Bank stood at 751.6 crore shares, which is 30 per cent of the total share capital.

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  Yes Bank tumbles 10 per cent as FPO shares list

  Business | July 27, 2020 12:23 IST

  Yes Bank's follow-on public offer to raise Rs 15,000 crore was subscribed 93 per cent on the final day of bidding. The Follow-On Public Offer (FPO) subscription was 95 per cent after including the anchor investors' portion.

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  ED attaches over Rs 2,200 crore assets of Rana Kapoor, others in Yes Bank PMLA case'

  Business | July 09, 2020 17:25 IST

  Assets worth about Rs 2,203 crore of Yes Bank co-founder Rana Kapoor and others have been attached by the Enforcement Directorate (ED) under the anti-money laundering law, officials said on Thursday.

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  Yes Bank to raise up to Rs 15,000 crore through FPO; offer to open on July 15

  Business | July 09, 2020 10:54 IST

  Private sector lender Yes Bank on Thursday said it has filed a red herring prospectus to raise up to Rs 15,000 crore through issuance of fresh equity shares in its further public offering (FPO). The offer will open on July 15, 2020 and close on July 17, 2020.

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  Yes Bank puts up for sale properties of Avantha Group, RHC Holdings for recovery of over Rs 1,000 cr

  Business | July 05, 2020 22:37 IST

  Yes Bank will auction properties of Thapar Group's Avantha Holdings and Oscar Investments Ltd of Singh brothers alongside those of some individuals later this month to recover loan dues of over Rs 1,000 crore.  

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  Yes Bank case: CBI files charge sheet against Rana Kapoor, DHFL's Wadhawans

  India | June 25, 2020 20:27 IST

  The CBI on Thursday filed a charge sheet against Yes Bank founder Rana Kapoor, DHFL co-founders Kapil and Dheeraj Wadhawan and others in a quid-pro-quo case involving the private sector lender.

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  RBI extends Rs 50,000 crore special liquidity window for YES Bank by 3 months

  Business | June 23, 2020 13:13 IST

  The Reserve Bank of India (RBI) has extended the special liquidity facility made available for private sector lender YES Bank by three months. The earlier deadline for the facility was Jun 16.

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  Yes Bank partners Affordplan to launch co-branded cashless healthcare card

  Business | June 20, 2020 22:37 IST

  Yes Bank has partnered with fintech startup Affordplan to launch a co-branded health card on Saturday to address healthcare needs. The co-branded healthcare card will enable families plan and manage their finances for their healthcare needs, Yes Bank said in a release.