Oct 26, 2020 01:12 PM IST
Yes Bank has been able to bring in a large number of new customers, Prashant Kumar, MD and CEO of Yes Bank said.
- Oct 26, 2020 10:30 AM IST
Stressed loans would require Rs 1,300 core in the current year, Yes Bank MD Prashant Kumar said, adding that the bank has “adequate provisions” of Rs 1,900 crore for NPAs arising due to the pandemic
- Oct 26, 2020 10:06 AM IST
The private sector lender reported profit at Rs 129.4 crore for September ended quarter 2020, against loss of Rs 600 crore in year-ago period.
- Oct 25, 2020 02:18 PM 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.
- Oct 23, 2020 07:57 PM IST
Yes Bank’s new management has managed to get the lender back on track. The bank, however, needs to continue with caution.
- Oct 23, 2020 05:01 PM IST
Yes Bank shares plunged 41 percent in current financial year and 49 percent during September quarter.
- Oct 23, 2020 10:08 AM IST
Management commentary on the progress of below investment grade and recovery from existing bad loans would be the key monitorable.
- Oct 23, 2020 07:42 AM IST
Other than the numbers, management commentary on the progress of below investment grade and recovery from existing bad loans would be the key monitorables.
- Oct 21, 2020 08:11 PM IST
The lender said that customers can avail hassle-free loans personal and business loans and two-wheeler and auto loans up to 100 percent of on-road prices at competitive interest rates
- Oct 14, 2020 02:00 PM IST
HDFC Life Insurance Company, Kotak Mahindra Bank and SBI Capital Markets also lowered their stake in Yes Bank.
- Oct 14, 2020 11:44 AM IST
The bank's shareholding pattern shows that foreign portfolio investors added 258.71 crore shares of Yes Bank during the September quarter.
- Oct 12, 2020 06:11 PM IST
In mid-March, the court had passed the interim order that said any action taken by the respondents “shall be subject to further orders” passed by the court
- Oct 09, 2020 08:10 PM IST
It is alleged that Yes Bank had given loan to Mack Star in which HDIL was a minority shareholder.
- Oct 07, 2020 12:18 PM IST
Representing the petitioners, advocate Subhash Jha alleged that ED officials “waited till the eleventh hour” and “deliberately delayed filing the charge sheet”
- Oct 06, 2020 10:27 PM IST
Khandelwal and Jain were produced before a PMLA court in Mumbai on October 6, which remanded them to ED’s custody for a week
- Oct 06, 2020 12:07 PM IST
Yes Bank was bailed out by a clutch of banks in March this year following a financial crisis.
- Sep 28, 2020 06:06 PM IST
The bank will also offer customised services and products to the listed SME members of the platform.
- Sep 25, 2020 07:57 PM IST
According to the regulator, Kapoor has hidden the material information of him being a 'guarantor' to the transaction from the board of directors of the bank and the same has directly impacted the lender in terms of the market capitalisation.
- Sep 21, 2020 04:53 PM 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.
- Sep 16, 2020 04:03 PM IST
There has been a steady decline in Lakshmi Vilas Bank's deposit base since September 2019 and increase in the NPA ratios. The bank's Tier l Capital ratio has turned negative, at -0.88 per cent, as compared to the minimum requirement of 8.875 per cent
- Sep 16, 2020 02:12 PM IST
The stock has been buzzing of late after the rating agency ICRA upgraded the ratings of various debt instruments of the private-lender on September 11.
- Sep 14, 2020 11:14 AM IST
Through this tie-up, ICICI Lombard aims to offer innovative insurance solutions to YES BANK’s customers across 28 states and 8 Union Territories.
- Sep 12, 2020 06:32 PM IST
This upgraded stable outlook will see the bank continue to maintain its capital position above the regulatory levels, ICRA said
- Sep 10, 2020 09:33 PM IST
Addressing investor queries on whether the lender was going to be merged with the State Bank of India eventually, Yes Bank Chairman Sunil Mehta said no such plans were afoot.
- Sep 03, 2020 01:06 PM IST
Supreme Court has stayed the bail order until October 7; the Wadhawan siblings are already in custody in the CBI’s Yes Bank case