Jul 23, 2020 12:50 PM IST
SBI Capital Markets had committed underwriting amount of up to Rs 3,000 crore, as per the prospectus
- Jul 21, 2020 07:50 PM IST
Yes Bank was near bankrupt in March and was rescued by a Reserve Bank-led bailout plan under which SBI picked up 49 percent equity in the once-storied private sector lender.
- Jul 21, 2020 03:30 PM IST
Kapoor had sought bail on merits of the case. His lawyers submitted that the investigation in the case was completed, hence there was no reason to keep keep him in jail. Also, most of the evidence was documentary in nature and cannot be tampered by the accused, they added.
- Jul 20, 2020 01:44 PM IST
Arun Kejriwal, a primary capital market expert and owner of AK47, also feels the stock price may adjust near its issue price before the listing
- Jul 20, 2020 12:52 PM IST
As FII inflows continue to remain strong, the liquidity remains healthy and hence sharper correction without a specific event trigger on domestic/global seems unlikely.
- Jul 17, 2020 03:06 PM IST
The maximum bids received at lower end of price band of Rs 12-13 per share. In fact, the anchor book, through which the lender had received Rs 4,098 crore, was also subscribed at Rs 12 per share.
- Jul 17, 2020 09:21 AM IST
There is no dearth of funds for good companies
- Jul 16, 2020 01:03 PM IST
The FPO is largely aimed at ensuring adequate capital buffer to support growth plans, alongside absorbing further stress points from high NPA levels.
- Jul 15, 2020 07:59 PM IST
S&P Global Ratings projected non-performing loans to shoot up to 13-14 per cent of the total loans in the current financial year, from an estimated 8.5 per cent in 2019-20.
- Jul 15, 2020 09:53 AM IST
The private sector lender has garnered Rs 4,098 crore from anchor investors on July 14. All 12 anchor investors placed their bids for 3,41,53,84,614 equity shares at the lower end of price band of Rs 12-13 per share.
- Jul 14, 2020 10:03 PM IST
While Yes Bank had been able to turn the tide in April and bagged government businesses as well, it will still take long to build a robust liability franchise.
- Jul 14, 2020 08:07 PM IST
Bay Tree India Holdings I, owned by Tilden Park, was the largest anchor investor, investing Rs 2,250 crore in Yes Bank for an allocation of 1,87,50,00,000 shares
- Jul 14, 2020 02:27 PM IST
Yes Bank says investors were aware about the risks involved. Tells court in counter-affidavit that none of the bank officials might have met the petitioner as he bought the bonds from the secondary market.
- Jul 14, 2020 11:58 AM IST
After fixing of the price band, which is much lower than the market price, the stock has lost 22 percent.
- Jul 13, 2020 03:15 PM IST
This is the first time the investigating agency has named Yes Capital, Dewan Housing Finance Limited, Kyata Advisors Ltd, RKW Developers and Belief Realty in the charge sheet.
- Jul 13, 2020 12:23 PM IST
Reserve Bank of India's strong comments in the Madras High Court affidavit that no one can blame it for losses in Yes Bank’s AT1 bonds will hurt investor faith in these financial instruments.
- Jul 13, 2020 09:56 AM IST
Investors borrowed 95,99,987 shares worth Rs 5.9 crore for an interest rate of around Rs 7 per share. Investors borrowed these shares for a one-month period, with settlement due on August 6.
- Jul 13, 2020 09:12 AM IST
Yes Bank may not have participated in the rally in the banking space since March, but it has not fallen either. Everyone who wanted to exit from the bank has done so
- Jul 13, 2020 08:30 AM IST
Experts suggest that a break below 10,650 can lead to further profit-taking, while a break above 10,900 can give strength to the bulls.
- Jul 12, 2020 05:53 PM IST
The investigating agency may file the complaint against 13 individuals and entities including DHFL promoters Kapil and Dheeraj Wadhawan.
- Jul 11, 2020 12:55 PM IST
Yes Bank failed on account of alleged financial irregularities perpetrated by the founder and former CEO, Rana Kapoor and a massive spike in bad loans.
- Jul 10, 2020 07:23 PM IST
These five banks-- HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank--collectively control a quarter of the system and three-fourths of the private banking space, according to a report by India Ratings on Friday.
- Jul 10, 2020 03:26 PM IST
NSE data shows shares being bought for huge premiums since June 30. On Thursday, investors borrowed 95,99,987 shares worth Rs 5.9 crore
- Jul 10, 2020 01:46 PM IST
Yes Bank has fixed Rs 12 as the floor price and Rs 13 as cap price for its proposed Rs 15,000 crore FPO
- Jul 10, 2020 12:43 PM IST
The share price declined 72 percent in last one year.