May 30, 2020 09:23 PM IST
With Kapurs’ choosing to step back as YES Bank promoters, an era is over at Yes Bank. Yes Bank was co-founded in 2004 by Ashok Kapur and Rana Kapoor with Ashok as chairman and Rana as managing director and CEO.
- May 30, 2020 09:15 PM IST
Shares were acquired on invocation of pledge subsequent to default/breach of terms of loan to Dish TV India Limited, the company said.
- May 28, 2020 06:05 PM IST
The NSE in its circular dated March 6 had said that no futures and options contracts shall be available for trading in Yes Bank from May 29 onwards.
- May 26, 2020 09:46 AM IST
Yes Bank co-founder Rana Kapoor overruled objections by risk teams while sanctioning loans to RKW Developers and Belief Realtor, both owned by DHFL promoters
- May 26, 2020 09:08 AM IST
- May 20, 2020 11:03 AM IST
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- May 11, 2020 06:42 PM IST
Investigation by the Enforcement Directorate sheds light on how the Kapoors created and ran myriad businesses, flouted rules, made questionable investments and forged irregular alliances, including with the Wadhawans of DHFL.
- May 08, 2020 04:09 PM IST
Yes Bank may look at various options including QIP, rights issue and preference issue.
- May 08, 2020 03:11 PM IST
As per the auditor, Yes Bank has not maintained its common equity tier-1 (CET-1) and tier-1 capital ratios – both required to determine the capital adequacy of a bank
- May 08, 2020 01:30 PM IST
- May 07, 2020 05:03 PM IST
Alleged ‘mis-selling’ of these bonds to retail bond holders by Yes Bank’s executives is likely to be made part of an existing petition in the High Court of Bombay filed by Axis Trustee
- May 07, 2020 11:43 AM IST
At the end of March and after an unprecedented mega bail-out, Yes Bank still has a broken balance sheet and its continuation as a going concern depends on several ifs and buts.
- May 07, 2020 10:38 AM IST
- May 07, 2020 09:53 AM IST
Net NPAs in the March quarter stood at 5.03% compared with 5.97 percent in the December quarter and 1.86 percent in the year-ago period.
- May 07, 2020 08:38 AM IST
The ride ahead is bumpy for Yes Bank and hence, best avoided especially since a lot of high quality peers are now available at a bargain in the ongoing correction.
- May 06, 2020 10:53 PM IST
If the profit after tax (PAT) figure were to be adjusted with an extraordinary income of Rs 6,297 crore from the writedown of additional tier- 1 (AT1) bonds, the bank would show a profit of Rs 2,628 crore.
- May 06, 2020 07:28 PM IST
Gill, who joined as MD and CEO of Yes Bank on March 1, 2019, stated that he was brought to the bank for reasons such as ‘poor credit culture, poor compliance culture, centralisation of power and lack of institutionalisation’.
- May 06, 2020 09:40 AM IST
ED has provisionally attached 168 bank accounts of Rana Kapoor, family members and associates companies worth Rs 52 crores.
- May 06, 2020 08:55 AM IST
According to Emkay, slippages could remain elevated as the bank may continue to recognize stress from its pool.
- May 02, 2020 04:55 PM IST
He will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will be transitioning to a new role in the bank, it added.
- May 01, 2020 10:04 PM IST
The Wadhawan brothers were arrested on April 26 from Mahabaleshwar, a hill station near Mumbai, nearly 50 days after they were booked in the multi-crore-rupee scam also involving Kapoor, former Yes Bank CEO and its co-founder.
- Apr 27, 2020 07:41 PM IST
On April 26, the CBI had arrested the duo in Mahabaleshwar after a Mumbai court vacated its April 18 order on April 25, which had stayed till May 5 their non-bailable warrants
- Apr 24, 2020 10:23 AM IST
The RPF was requested in early April for advisers to raise at least Rs 5,000 crore.
- Apr 24, 2020 09:56 AM IST
A media report said a Rs 1,100 crore loan was given to Alok Industries, a bankrupt company, though Cox and Kings had no business dealings with the entity.
- Apr 23, 2020 05:08 PM IST
In this episode of Big Story, Moneycontrol's Sakshi Batra shares insight into why some private lenders have sold part of their stakes in Yes Bank