.jpg "Yes Bank, an Indian private sector lender, has not been able to raise required capital for the last six months")
Shares of Yes Bank opened on a positive note and touched an early high of Rs 18.44 apiece on the BSE, registering a gain of 2.10 per cent over its previous close
eRupee is a digital token that is equivalent to a banknote i.e. legal tender, and is a sovereign currency backed by the RBI
"The AT1 bonds ecosystem remains quite robust, quite stable. And it is a part of the Basel III regulations and we have adopted that in our country as well. And there is nothing more really I'd like to say on this," Das...
Yes bank, majority owned by other lenders now, reported close to a 69.2 per cent jump in profitability sequentially, its chief executive and managing director Prashant Kumar told reporters on an earnings call
The bank, which had to be rescued in FY20 in a SBI-led effort, backed by both the Reserve Bank and the government, said this is the second consecutive year where it has been able to post profits
In India, the high-risk AT1 bonds have been in the news ever since Yes Bank decided to write-off around bonds worth Rs 8,400 crore as part of its restructuring plan
A salary scam unravelled in 2022 has raised disturbing questions about the schemers' tactics to dupe victims. Here's how to protect you from such scams.
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, which did not issue formal notice on the plea, asked the authorities to file their responses within four weeks and listed the matter for further...
Since the restructuring of Yes Bank, its shares have tumbled by more than 50 per cent which includes 20 per cent this year after SBI reported 80 per cent drop...
As of December 2022, SBI held 26.14 per cent or 6,050 million shares of Yes Bank; HDFC & HDFC Bank and ICICI Bank held 1,000 million shares each; Axis Bank 600...
As of 31st December, SBI, the country’s largest bank, holds 26.14 per cent of stake in Yes Bank and is still the largest single shareholder in the bank
HDFC Bank and Yes Bank have joined other banks in raising fixed deposit rates. Here’s a look at which bank is offering the best rates after the latest hike
A two-member bench of the Mumbai NCLT said the application made by the financial creditor Yes Bank is complete in all respects as required by law
Its non-interest income jumped 55.8 per cent to Rs 1,143 crore and was largely helped by a Rs 100 crore sale of corporate bonds received as part of a dud loan...
The Bombay High Court on Friday quashed the write-off of Yes Bank’s AT1 bonds worth around Rs 8,400 crore, providing much needed relief to investors
The invoked equity shares held by Yes Bank aggregating to 44,53,48,990, representing 24.19 per cent of the total share capital of Dish TV India, have now been...
The bank had earlier declared JC Flowers ARC as the winner of the Swiss Challenge process for sale of its identified portfolio of stressed assets
Yes Bank had to be bailed out by fellow lenders in a Reserve Bank of India-led scheme in 2020 after alleged malfeasance by its founders led to a huge chunk of...
The bank had posted a net profit of Rs 225.50 crore for the year-ago same period. In preceding June quarter 2022, the net profit stood at Rs 310.63 crore
All 12 stocks in the Nifty Bank Index have given positive returns to investors since the start of the year
The country's sixth largest private sector bank based on total assets size said it is witnessing significant momentum across its business segments. Potential...
In a statement, the bank said $640 million or Rs 5,100 crore has been raised by issuing equity shares and $475 million or Rs 3,800 crore through equity share...
The shares will be offered at Rs 13.78 apiece while the warrants exchangeable into equity shares are to be issued at Rs 14.82 per piece. The face value of...
Perpetual bonds by PSU banks offer higher interest rates than other bonds but they also carry high risk than other bonds.
The bank had clocked a net profit of Rs 207 crore in the year-ago period, it said in a regulatory filing
