Yes Bank
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PMLA case: Bombay HC refuses bail to Yes Bank founder Rana Kapoor
India | Jan 25, 2021, 02:19 PM ISTRana Kapoor was arrested by the ED under provisions of the Prevention of Money Laundering Act (PMLA).
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Yes Bank: ED raids Mumbai builder group in money laundering case
India | Jan 25, 2021, 01:26 PM ISTThe ED on Monday conducted raids on at least ten premises of a Mumbai-based realty group in connection with its money laundering probe in the Yes Bank alleged bank fraud case, official sources said.
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'Yes Bank aims to double credit card customer base in 2 yrs, grow book by 4-times'
Business | Dec 13, 2020, 08:43 PM ISTPrivate 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 | Oct 25, 2020, 02:26 PM ISTThe 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 | Oct 07, 2020, 04:06 PM ISTThe 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 | Sep 21, 2020, 04:01 PM ISTAs 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 | Sep 14, 2020, 12:23 PM ISTBancassurance 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 | Aug 21, 2020, 05:39 PM ISTYes 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
Market | Aug 19, 2020, 02:25 PM ISTYes 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 | Aug 18, 2020, 01:02 PM ISTUnder 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 | Aug 06, 2020, 11:02 PM ISTYes 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 | Aug 03, 2020, 10:39 PM ISTMoody'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 | Jul 30, 2020, 01:48 PM ISTYes 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 | Jul 28, 2020, 10:48 PM ISTPrivate 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 | Jul 28, 2020, 08:54 AM ISTWith 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 | Jul 27, 2020, 12:23 PM ISTYes 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 | Jul 09, 2020, 05:25 PM ISTAssets 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 | Jul 09, 2020, 10:54 AM ISTPrivate 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 | Jul 05, 2020, 10:37 PM ISTYes 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 | Jun 25, 2020, 08:27 PM ISTThe 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.