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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…
1 min read
Yes Bank restructures salary of senior leadership team
"COVID-19 situation has exacerbated the gradually slowing growth momentum in the global economy and…
PTI
5 mins read
Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults
The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…
1 min read
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
2 mins read
Only one-third of Yes Bank’s customers withdrew more than ₹50,000 during the 12-day ban
India’s troubled private bank Yes Bank is scheduled to open up to customers tomorrow after the mora…
1 min read
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
1 min read
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
2 mins read
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…
3 mins read
Are you a Yes Bank account holder? Here's how the crisis will impact you
Amid the financial troubles of Yes Bank, the Reserve Bank of India (RBI) issued a moratorium that c…
3 mins read
YES Bank wants to customize branches, ramp up digitize customer acquisition to grow at a breakneck speed of 25%
India is the midst of an economic slowdown with the housing and automobile sector showing the most …
3 mins read
SBI Chairman has brought back the debate on wide salary gap between private and government banks
The statement has yet again raised the issue of widening pay gap among the private and public ba…
4 mins read
Yes Bank placed under moratorium; RBI supersedes board
"The Reserve Bank came to the conclusion that in the absence of a credible revival plan, and in pu…
PTI
3 mins read
Assurances aside, Yes Bank customers queue up outside branches
"Our salary gets credited on 21st of every month. I am a little worried about my upcoming salary as…
PTI
1 min read
FM says RBI to look into what went wrong at Yes Bank
Addressing a press conference after the RBI superseded the board of Yes Bank and placed withdrawal …
PTI
5 mins read
Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic, some recruiters say
Recruiters lowering pay for new hires could erode salary-negotiation power for longer-tenured emplo…
Juliana Kaplan,Rebecca Knight
3 mins read
BharatPe CEO takes a jibe at Ashneer Grover, says no money left to pay salaries since Grover stole it all
The brawl between Ashneer Grover and BharatPe’s management has been going on for quite some time, a…
6 mins read
HDFC twins wipe out ₹2.5 lakh crore investor wealth, push HDFC out of top 10 largest companies in India
HDFC and HDFC Bank, two pillars of India’s financial sector have seen a meltdown unlike anything be…
2 mins read
Fintech company MoneyPlanned raises over ₹2.5 crore from Inflection Point Ventures, others
Fintech company MoneyPlanned raises over ₹2.5 crore from Inflection Point Ventures, others
3 mins read
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/cs
The bank on Tuesday allowed inward IMPS and NEFT services to enable its customers to make payments…
PTI
7 mins read
Why so many Olympians are broke
Sixty percent of elite athletes said they weren't financially stable. We break down why Olympians a…