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2 mins read

Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress

Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…

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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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4 mins read

Yes Bank has more shareholders than debit cards as retail investors continue to buy in

Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…

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1 min read

Delhi HC grants bail to Yes Bank co-founder Rana Kapoor in Rs 466.51 cr money laundering case

The Delhi High Court on Friday granted bail to the Yes Bank Co-Founder Rana Kapoor in connection wi…

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1 min read

ED issues notice to Pune businessman in Yes Bank-DHFL fraud case

In 2018, Bhosale had received around Rs 68.82 crore from DHFL and called it consultancy charges. Th…

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1 min read

RBI found excessive dominance by 1-2 board members even in big commercial banks: Das

Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive domina…

PTI   


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1 min read

YES Bank’s net profit grows four fold as provision for bad loans shrink

Yes Bank reported a four-fold jump in its net profit to ₹207 crore in June quarter compared to a pr…

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1 min read

Yes Bank shares plunge over 5% after independent director resigns

On the National Stock Exchange (NSE), it dived 4.96% to close at Rs 44.95. The stock was…

PTI   


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7 mins read

Yes Bank shares are cheaper than what they were a year ago — and what could revive the investment, if at all

Today, it is at ₹13.55 — nearly half of what it was a year go. This, 14 months after the RBI pla…

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5 mins read

The CEO who believes that there’s a lot more to digitise at banks

the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …

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2 mins read

YES Bank founder Rana Kapoor questioned on money laundering case, house raided by ED

The Enforcement Directorate (ED) filed a money laundering case and carried out searches at the resi…

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1 min read

Yes Bank's top borrower Cox and Kings sees raids at five of its premises

Cox and Kings was one of the top borrowers of the bank and the latter had an exposure of about R…

PTI   


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2 mins read

Yes Bank independent director Uttam Agarwal resigns

New Delhi, Jan 10 () Yes Bank's independent director Uttam Prakash Agarwal has resigned citing "ser…

PTI   


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1 min read

Former Yes Bank MD Rana Kapoor gets a breather as SEBI orders defreezing of his bank accounts and mutual funds

Kapoor is currently in judicial custody after being arrested in March 2020 in the alleged Yes Ba…

PTI   


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1 min read

'Cocaine Bear' director Elizabeth Banks reveals the violent scene she cut from the movie so people wouldn't leave the theater 'freaking out'

Elizabeth Banks told Insider she took out a violent scene because she didn't want people to "throw …

Jason Guerrasio   


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5 mins read

EXCLUSIVE: YES Bank's workforce shrank by 1,000 employees since March but now it's hiring again for the coming year

The number of total employees at YES Bank has come down by almost 1,000 since March, but that is at…

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2 mins read

Yes Bank-DHFL case: No sympathy, says court, Rana Kapoor's wife, daughters remanded to judicial custody

The court, which remanded them in 14-day judicial custody, said the the three did not deserve sy…

PTI   


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2 mins read

Dish TV shares surge despite shareholder YES Bank seek to oust board members

Around 12 noon, shares of Dish TV India on the BSE stood at Rs 15.31, higher by Rs 1.53 or 11.…

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1 min read

Yes Bank's ex director Agarwal writes to RBI seeking removal of MD

The letter dated January 30, 2020, also alleged siphoning off funds through payment of unreasonabl…

PTI   


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1 min read

RBI appoints R Gandhi, Ananth Narayan as additional directors on Yes Bank board

The appointment, effective March 26, will be for two years, the Reserve Bank said in a statement w…

PTI