-
Gill said Yes Bank has enough liquidity and the share price movement of recent days should not become a proxy for how the bank gets perceived
-
The bank had set up a search and selection committee to recommend both internal and external candidates. It will now require RBI approval.
-
The exposure is standard and at the lower SPVs, which are separate from the parent company, and not at the upper IL&&FS holding company levels.
-
Rajat Monga, Chief Financial Officer & Senior Group President of Financial Markets, Yes Bank is confident of seeing an improvement in credit growth going forward and expects the underlying credit growth to be around 13-14 percent.
-
Speaking to CNBC-TV18, Â Rajat Monga CFO, YES Bank says the bank has restructured two borrower's accounts in the road sector for the quarter, totalling to about 20-21 bps on the banks' loan book.
-
With a target price of Rs 1100 per share, BoA ML says that ‘what is on the books, in most instances it is very well collateralised and secured not only by cash flows, but also, shares, other assets, but also fixed deposits, which is not yet reported, as collateral cover‘.
-
Monga says banks may cut base rates by end of this financial year if RBI cuts benchmark rates.
-
Rajat Monga, CFO, Yes Bank sees 15-20 percent loan growth. He says deposits side is doing better because of some of the Reserve Bank schemes.
-
A very important part of the result is the bank‘s non-performing asset (NPA) that grew at 0.28 percent. While asset quality continues to be a concern, the headline number for the same is quite modest says Rajat Monga, chief financial officer, YES Bank.
-
They had moved in favour of deposits versus certificate of deposits (CDs) in the past few months because the pricing of CDs went way above the pricing of deposits, says Rajat Monga, CFO of Yes Bank.
-
Money has got cheaper in terms of incremental deposits though the market is still adjusting to the new rates that Reserve Bank of India (RBI) has set. Rajat Monga, CFO, Yes Bank, expects money to get cheaper by up to 75 bps.
-
India's fourth largest private sector bank today announced the revision of its deposit rates by 0.25-0.5 percent in select tenors. This provides an opportunity for retail depositors to lock in higher rates on term deposits.
-
Rajat Monga, CFO & Senior Group President of Financial Markets said rates hiked due to higher wholesale deposit rates. "We do not expect credit growth to get impacted, which will be in the range of 14-16 percent," he added.
-
Rajat Monga, chief financial officer & senior group president of financial markets, Yes Bank says that though the market is overreacting to the RBI‘s liquidity control measures, the bank will be affected negatively as the funding cost will go up in tandem with asset yields.
-
Private sector lender Yes Bank's fourth quarter net profit rose 33 percent year-on-year, beating estimates to about Rs 360 crore.
-
Rajat Monga, CFO of YES Bank said the lender could see a marginal improvement in net interest margin’s going forward.
