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Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…

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Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends

Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…

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Crisil affirms Yes Bank ₹18,000 crore bonds rating at BBB

The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank. …

PTI   


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SBI says its evaluating draft reconstruction scheme for Yes Bank

"We have received draft scheme of reconstruction for Yes Bank. Our investment and legal team is…

PTI   


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Bad loans of India's banks to rise to 8-9% this year, says CRISIL

The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…

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Cabinet approves reconstruction scheme for Yes Bank as proposed by RBI

Sitharaman said the scheme has been approved with the objective of protecting the interest of depo…

PTI   


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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…

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RBI assures state governments that their deposits are safe in private banks

The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of p…

PTI   


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Yes Bank reconstruction may further aggravate liquidity issues for NBFCs: Report

An extended credit squeeze will likely exacerbate asset quality risks for the financial sector, in…

PTI   


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NCLT approves Zee-Sony merger, paves way for creation of USD 10 bn media giant

The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterp…

PTI   


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SBI board approves investment of ₹7,250 crore in Yes Bank

The State Bank of India (SBI) on Thursday said that its Executive Committee of Central Board (ECCB)…

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Srei Group may leave a $4 billion hole in some of India’s biggest lenders

Some of the biggest lenders to the group that is known for funding infrastructure projects inclu…

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SBI to buy 49% stake in Yes Bank for Rs 2,450 cr; deposits, liabilities at reconstructed bank to continue in 'same manner'

"SBI shall have nominee directors appointed on the board of the reconstructed bank. RBI may appoin…

PTI   


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Yes Bank gets Rs 250 crore from IDFC First Bank

Earlier on Saturday, Federal Bank had committed to investing Rs 300 crore in Yes Bank for subsc…

PTI   


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Yes Bank withdrawal limit to be lifted in three working days

The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd,…

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Yes Bank shares shoot up by 30% after SBI decides to buy stake

Shares of Yes Bank on Monday zoomed over 30 per cent after State Bank of India (SBI) said it will p…

PTI   


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Yes Bank scam escalates as CBI carries out searches to connect Rana Kapoor to DHFL promoter Kapil Wadhawan

The CBI carried out searches at seven locations on Monday in connection with the Yes Bank scam pert…

PTI   


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ICICI Bank follows SBI to rescue Yes Bank⁠— and depositors may get to withdraw money sooner than expected

Separately, ICICI Bank said that the board has approved for an equity investment of up to ₹10 bi…

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Yes Bank to be removed from all BSE indices from March 20

The decision has been taken in light of the recent developments relating to Yes Bank Limited, i…

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ICICI Bank to infuse Rs 1,000 cr in Yes Bank as part of bailout plan

New Delhi, Mar 13 () ICICI Bank on Friday said it will invest Rs 1,000 crore in Yes Bank as part of…