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1 min read
A timeline of troubles at YES Bank
While the Reserve Bank of India (RBI) decided to supersede the board of YES Bank yesterday (March 5…
1 min read
2 mins read
Finance Minister assures employment and salary at Yes Bank at least for one year
Within a day after superseding Yes Bank’s board, the Reserve Bank of India (RBI) released a new s…
5 mins read
Yes bank CEO designate Prashant Kumar ruled out a forensic audit
Mumbai, Mar 17 () Yes Bank CEO-designate Prashant Kumar on Tuesday ruled out a forensic audit of th…
4 mins read
The three Kapoor sisters who said ‘no’ to banking are now in the dock with Yes Bank crisis
The company founded by his three daughters was charged a vehicle for kickbacks. This is one …
1 min read
Making efforts to financially strengthen bank further: Yes Bank
New Delhi, Jan 15 () Allaying concerns over reports of its weakening financial health, Yes Bank on …
PTI
2 mins read
Phonepe logs ₹4,000 crore transactions a day after it shifts from Yes Bank to ICICI
On Thursday (March 5), Phonepe’s team was in for a rude shock – it experienced a service outage, wi…
2 mins read
Coronavirus outbreak hampers Yes Bank investigation — DHFL’s Wadhawans and Indiabulls’ Gehlaut refuse to appear before ED
The spread of coronavirus has landed people across the globe in a mayhem. But, the adversity has tu…
2 mins read
Yes Bank's lack of funds leads to ratings downgrade
India Ratings said its downgrade on the bank's long-term issuer rating to 'Ind A' from 'Ind A+'…
PTI
4 mins read
Yes Bank creates stressed asset management vertical to resolve NPA accounts
Yes Bank's board had to be superseded by the Reserve Bank of India (RBI) and the government earlie…
PTI
2 mins read
Raising sizeable capital could be challenging for Yes Bank: Ind-Ra
New Delhi, Jan 29 () Maintaining 'Rating Watch Negative (RWN)' on Yes Bank, India Ratings on Wednes…
PTI
2 mins read
SBI-led consortium to buy controlling stake in Yes Bank, announcement likely soon: Sources
In a clarification to stock exchanges on reports that the government is said to have approved SBI'…
PTI
2 mins read
Yes Bank shares zoom 27 pc amid reports of takeover by SBI-led consortium
"As per media reports, SBI has been told to invest as a lead in a consortium in Yes Bank. Though w…
PTI
2 mins read
TrueFoundry raises $2.3 million from Sequoia India's Surge and others
The US-based machine learning developer platform will use the investment to expand its specialized …
1 min read
Yes Bank appoints Anshu Jain-headed Cantor Fitzgerald, 2 domestic entities for fundraising plans
Jain is the ex-colleague of Yes Bank's current Managing Director and Chief Executive Officer Ravne…
PTI
3 mins read
Looking to unlock value in IDBI Bank: LIC chief
Explaining further, the corporation's appointed actuary Dinesh Pant said, "LIC (Act) has got a Sec…
PTI
2 mins read
HC asks Centre if it intends to infuse funds to support scam-hit PMC Bank
The high court, in its order, said "The Union of India, Ministry of Finance, will file an affidavit…
PTI
4 mins read
DEUTSCHE BANK: These 4 historical playbooks show how deep the coronavirus plunge could ultimately go and how long it could last.
"From a fundamental perspective, the market has only moved from being significantly overvalued rela…
Marley Jay
3 mins read
'Capital controls imminent' as money floods out of Greece's banks and default looms
Secondly, with no breakthrough from the bloc's finance ministers, the eurozone's heads of governmen…
Mike Bird
7 mins read
Deutsche Bank's chief US economist thinks the economy has a lot of problems and very few solutions
Joe LaVorgna: I'm a big believer that profits tend to be an indicator of economic activity, but I d…