Market Movers: YES Bank tanks, Edelweiss jumps; 88 stocks flash ...

NEW DELHI: Shares of YES Bank cracked further on Monday, diving 6 per cent after it rejected Erwin Singh Braich's $1.2 billion investment offer. The scrip had ...

Monday, January 13, 2020

Related news

बंद होने की कगार पर पहुंचा यस बैंक, अब निगाहें ...

देश का पांचवा प्रमुख निजी बैंक--यस बैंक बंद होने की कगार पर पहुंच चुका है। अगर इसे बंद करने की घोषणा नहीं की जाती है, तो ...
Monday, January 13, 2020

India must end Yes Bank's theatre of the absurd

At a time when India's financial system is choking on hundreds of billions of dollars of bad loans, the news coming out of Yes still manages to shake confidence.
Monday, January 13, 2020

यस बैंक का बचना क्या मुश्किल है? जानिए क्या है ...

इसके पहले कि यस बैंक भारतीय बैंकिंग सिस्टम के लिए खतरा बने, मार्केट रेगुलेटर को इसका तमाशा खत्म कर देना चाहिए। ताजा ...

Yes Bank board approves ₹10000 cr funding, rejects Braich's $1.2 ...

Mumbai: The board of private lender Yes Bank met on Friday and approved raising of funds of up to ₹10,000 crore in one or more tranches through a qualified ...
Friday, January 10, 2020

YES Bank independent director Uttam Prakash Agarwal quits; share ...

YES Bank share price fell in afternoon trade today amid a media report that Uttam Prakash Agarwal, independent director and chairman of YES Bank's Audit ...
Friday, January 10, 2020

YES Bank director resigns citing governance issue; shares drop 4%

YES Bank's independent director Uttam Prakash Agarwal resigned on Friday citing deteriorating corporate governance standards and compliance failure at the ...
Friday, January 10, 2020

YES Bank audit committee chief quits, says Gill misled on capital ...

YES Bank's independent director and chairman of the audit committee Uttam Prakash Agarwal resigned on Friday alleging that Ravneet Gill, managing director ...
Friday, January 10, 2020

Yes Bank's audit committee chairman resigns citing governance ...

Mumbai: Yes Bank's audit committee chairman Uttam Prakash Agarwal on Friday resigned as independent director, citing concerns regarding the deteriorating ...
Friday, January 10, 2020

Rana Kapoor and family lose entire stake in Yes Bank

Rana Kapoor, in his personal capacity, had partly sold his direct stake between August and October.At least 265 foreign portfolio investors have exited Yes Bank ...
Friday, January 10, 2020

YES Bank board approves Rs 10000 crore fundraising, decides not ...

NEW DELHI: Private lender YES Bank's board on Friday approved fundraising of up to Rs 10,000 crore through debt and equity. The lender also decided not to ...
Friday, January 10, 2020

Rana Kapoor, family firms sell remaining stake in Yes Bank

Decision to bring their stakes down to zero has came amid a spate of investor exits.Yes Bank said that Kapoor and Yes Capital were left with no more stakes at ...
Friday, January 10, 2020

YES Bank postpones decision on Braich's $1.2 billion offer ...

NEW DELHI: YES Bank on Tuesday said the board of the lender is favorably considering the offer of $500 million from Citax Holdings and Citax Investment ...
Tuesday, December 10, 2019

Yes Bank favourably considering Citax's offer, no decision on deal ...

NEW DELHI : Yes Bank today said it is considering the $500 million offer of Citax Holdings and Citax Investment Group. "The Board is willing to favourably ...
Tuesday, December 10, 2019

Yes Bank board says it will favourably consider Citax Holdings' $500 ...

Yes Bank said binding offer of $1.2 billion submitted by Erwin Singh Braich/SPGP Holdings continues to be under discussion.The lender said it shall continue to ...
Tuesday, December 10, 2019

Yes Bank mulls Citax Holdings offer, Erwin Singh Braich still in fray

Private sector lender Yes Bank has told the exchanges it is considering the $500 million offer made by Citax Holdings and Citax Investment Group. A decision ...
Tuesday, December 10, 2019

Yes Bank mulls $500 mn Citax lifeline, Braich remains in fray

Mumbai: Yes Bank Ltd on Tuesday said it is considering a $500 million investment offer from London-based Citax Holdings and Citax Investment Group, in what ...
Tuesday, December 10, 2019

BlackBuck partners with IDFC Bank, Yes Bank to offer free FASTags ...

Online trucking platform BlackBuck on Thursday said it has partnered with private lenders IDFC Bank and Yes Bank to provide FASTags to truck owners free of ...
Friday, November 29, 2019

YES Bank climbs 3% after Edelweiss upgrades stock to 'Buy'

New Delhi: Shares of YES Bank advanced over 3 per cent in early trade on Friday after Edelweiss Securities upgraded the lender to 'Buy' with a target price of ...
Friday, November 29, 2019

HDFC MF keen on taking stake in YES Bank; Erwin Singh new bidder

NEW DELHI: HDFC Mutual Fund has evinced interest in the beleaguered YES Bank, in addition to Falcon & Discovery and Canada-based Erwin Singh Braich, ...
Friday, November 29, 2019

YES Bank board okays nearly $2 billion fund-raising plan

MUMBAI: Yes Bank said it would raise nearly $2 billion in a share sale with a Canadian billionaire Erwin Singh Braich buying more than half of it or $1.2 billion.
Friday, November 29, 2019

Yes Bank board decides to raise up to $2 bn via preferential allotment

Eight institutional investors and family offices express interest to purchase equity shares in the bank.Yes Bank board to meet again on 10 December to finalise ...
Friday, November 29, 2019

Yes Bank claims of an investment offer worth $2 billion

The bank said it is in discussion with the family office of Erwin Singh Braich/SPGP Holdings and it has shown interest to invest $1.2 bn in the bank.Yes Bankdid ...
Friday, November 29, 2019

Yes Bank gets $1.2 bn binding offer from a global investor for a ...

Yes Bank Ltd. said it got a $1.2 billion binding offer from a global investor for a stake sale, resulting in a rally that helped make it the world's best performing bank ...
Thursday, October 31, 2019

YES Bank gets binding offer for $1.2 billion investment; stock rallies ...

The shares of the bank surged 20 per cent to 68.15 on BSE.
Thursday, October 31, 2019

Yes Bank gets $1.2 billion binding offer from a global investor

Private sector lender Yes Bank today informed stock exchanges that it has received a binding offer from a global investor for an investment of $1.2 billion in the ...
Thursday, October 31, 2019

F&O expiry: Sensex pares gains, ends 77 pts higher; YES Bank ...

After soaring over 340 points to hit a fresh lifetime high of 40,392 levels in the intra-day deals, the S&P BSE Sensex pared its gains to settle at 40,129, up 77 ...
Thursday, October 31, 2019

YES Bank slips 15% to end at 10-year low

Gill said that the recent market rumours and reports appear to have generated a lot of speculation around YES Bank. "We strongly refute them as being speculative, unsubstantiated, and irresponsible. While this has impacted the share price adversely, the ...
Monday, September 30, 2019

Yes Bank shares tank nearly 14% despite RBI's nod to raise capital

New Delhi: Yes Bank shares nosedived almost 14% on Monday even after the Reserve Bank of India (RBI) gave its nod to raise capital. At 12:30 pm, shares of Yes Bank were trading at ₹42 down 13.93% on BSE. The stock had touched its 52-week low at ...
Monday, September 30, 2019

YES Bank continues to bleed, slips 15% to hit a 10-year low

Shares of YES Bank continued to reel under pressure and was trading lower for the fourth straight day in the intra-day deals on Monday, hitting a 10-year low of Rs 41.50, down 15 per cent on the BSE. The stock of private sector lender was trading at its lowest ...
Monday, September 30, 2019

YES Bank gets RBI approval to raise capital, but scrip down 15 per cent

Yes Bank said it has received the go-ahead from the Reserve Bank of India (RBI) for its capital raising plans, even as its share price touched a 10-year low amidst concerns about its exposure to a large housing finance company. "The Bank is pleased to inform ...
Monday, September 30, 2019

YES Bank sparks selloff in lenders as wary investors exit

Yes Bank is one of the lenders worst affected by the nation's shadow banking crisis, which has soured the sentiment for the entire financial sector. Small- and mid-sized lenders are being hit the hardest amid a steady drip of reports of financial irregularities and ...
Monday, September 30, 2019

IndusInd, Yes Bank say exposure to 'large mortgage lender' secure

MUMBAI : Following a 34% fall in the shares of Indiabulls Housing Finance Ltd on Monday, Yes Bank and IndusInd Bank said in separate statements, without naming the non-bank, that their exposure to a large mortgage lender is fully secured. Shares of ...
Monday, September 30, 2019

Yes Bank hits 5-year low post Q1 result; brokerages halve target price

YES Bank plunged over 10 percent to Rs 83.70 in morning trade on July 18 and hit a fresh 5-year low as net profit of the private lender plunged 91 percent year-on-year (YoY) weighed down by a three-fold increase in provisions and weak asset quality.
Wednesday, July 17, 2019

Yes Bank Q1 profit may fall sharply on muted loan growth, weak asset quality

Private sector lender Yes Bank is expected to see a sharp decline in Q1 profit on muted loan growth and weak asset quality. Brokerages expect profit to fall by more than 80 percent YoY in June quarter. Exposure stressed pool of around Rs 10,000 crore is ...
Wednesday, July 17, 2019

YES Bank surges 4% ahead of Q1 results; here's what analysts say

NEW DELHI: Shares of YES Bank climbed 4 per cent in Wednesday's trade ahead of its June quarter results. The stock gained even as the bank was expected to report subdued earnings on rising provisions amid deteriorating asset quality. The scrip jumped ...
Wednesday, July 17, 2019

YES Bank erases gains, drops 4% ahead of Q1 results

NEW DELHI: Shares of YES Bank reversed morning gains of 4 per cent in Wednesday's session to trade 4 per cent lower ahead of its June quarter results. The stock dropped as the bank was expected to report subdued earnings on rising provisions amid ...
Wednesday, July 17, 2019

Will Q1 earnings send YES Bank soaring or will there be more pain?

Jefferies in a note last week said the YES Bank scrip has breached levels it would not have previously anticipated in any rational or logical assumptions. There's more than meets the eye. “Perhaps a limited cleanup of asset quality issues, something we had ...
Wednesday, July 17, 2019

Yes Bank Rallies for 2nd Day Ahead of Q1 Results; Here's What Brokerages Expect

Yes Bank Ltd shares rose as much as 4.4% in early trade on Wednesday, i.e. 17 July, ahead of the bank's June quarter earnings announcement later in the day. The stock had risen over 11% in the previous trading session as well. However, brokerage ...
Wednesday, July 17, 2019

Yes Bank Q1 Results: Profit down 91% to ₹114 crore

MUMBAI: Yes Bank Ltd today said its first quarter net profit dropped 90.97% on the back of lower other income and higher provisioning. The bank posted a net profit ₹113.76 crore for the three months ended 30 June compared to ₹1,260.36 crore in the ...
Wednesday, July 17, 2019

YES Bank falls 8% from intra-day high ahead of June quarter result

Shares of YES Bank were down 5 per cent to Rs 99 apiece in intra-day trade on the BSE on Wednesday, falling 8 per cent from its early morning high of Rs 108 ahead of April-June quarter (Q1FY20) earnings scheduled to be announced later today. Most of ...
Wednesday, July 17, 2019

YES Bank Q1 profit tanks 91% YoY to Rs 114 crore as provisions spike 3 times

"This was a 'quarter of consolidation' in which the bank has demonstrated strong resilience in revenues and asset quality. We believe that earnings trajectory should strengthen significantly from hereon. The Bank continues to reinforce its Digital leadership ...
Wednesday, July 17, 2019

Yes Bank reports bad loans worth ₹6230 crore in Q1, net profit slumps 91%

Mumbai: Yes Bank Ltd on Wednesday reported a 91% drop in fiscal-first quarter profit on account of higher provisioning and lower other income. The management said the bank is looking to raise capital in the ongoing quarter. The private sector lender posted ...
Wednesday, July 17, 2019

YES Bank: For retail investors, is this a case of bottom fishing or catching a falling knife?

YES Bank turned attractive to retail investors in the April-June period when the stock crashed 60 per cent to ₹108.75 from ₹276 level. YES Bank attracted 3.7 lakh fresh retail investors — categorised as individuals holding shares worth up to ₹2 lakh — during ...
Wednesday, July 17, 2019

YES Bank shares tank 15% post Q1 results

Shares of YES Bank tanked nearly 15 per cent in Thursday's session after the lender posted a 91 per cent year-on-year (YoY) fall in net profit at Rs 113.76 crore for the quarter ended June 2019, on account of Rs 6,232 crore addition to the non-performing ...
Wednesday, July 17, 2019

Rana Kapoor denies return to Yes Bank board

Mumbai: Yes Bank founder Rana Kapoor on Thursday tweeted that he was not looking to make a comeback to the bank's board after stepping down in January this year. He also reiterated his support for the new managing director and chief executive officer ...
Thursday, June 13, 2019

Rana Kapoor says no plan to join YES Bank board, backs top team

Former Yes Bank CEO and co-promoter Rana Kapoor has come out in support of the bank's board and current CEO Ravneet Gill expressing his full confidence in the new management and denied any desire to join the lender's board. In a series of three ...
Thursday, June 13, 2019

Bad loan risk from related firms likely; IndusInd, YES Bank vulnerable: UBS

Negative news-flow just doesn't seem to be getting over for the Indian banking and finance sector, which is already reeling under liquidity issues triggered by crisis at IL&FS in 2018, and was followed by issues at YES Bank and the more recent turn of events ...
Thursday, June 13, 2019

Vibes from employees, clients, shareholders and board revalidate my optimism about Yes Bank: Ravneet Gill

The latest development in terms of corporate news is the Yes Bank board. Two of the board members resigned suddenly. Market wonders if there is something which the board members knew and were not accepting it. Why have the board members resigned ...
Thursday, June 13, 2019

No plans to make a comeback on YES Bank board: Rana Kapoor

YES Bank founder Rana Kapoor, on Thursday, said he does not want to come back on the board, and expressed full confidence in the new Managing Director and CEO Ravneet Gill. The private sector lender's shares, however, fell nearly 13 per cent on ...
Thursday, June 13, 2019

Rana Kapoor rules out Yes Bank comeback, backs management

Mumbai: Rana Kapoor, the founder of Yes Bank Ltd, on Thursday said he is not seeking to return to the board of the private lender and also backed the new management and board of directors. In a series of tweets, Kapoor also said that he has voted in favour ...
Thursday, June 13, 2019

NBFC liquidity drought won't hit Yes Bank: Ravneet Gill

MUMBAI: Yes Bank will not be impacted by the liquidity crisis that has affected a few non-banking financial institutions, and there are unlikely to be any nasty surprises due to higher bad loans or slippages from its watch list, new CEO Ravneet Gill has said.
Thursday, June 13, 2019

Yes बैंक के शेयर 30% टूटे, लाल निशान पर बंद हुआ बाजार

सप्‍ताह के पहले कारोबारी दिन भारतीय शेयर बाजार लाल निशान पर बंद हुए. मंगलवार को सेंसेक्‍स 36 अंक गिरकर 39,032 अंक पर जबकि निफ्टी करीब 7 अंक गिरकर 11,748.15 अंक पर बंद हुआ. कारोबार के दौरान यस बैंक के शेयर 30 फीसदी से ज्‍यादा टूट गए. दरअसल, यस बैंक को बीते वित्‍त वर्ष के आखिरी तिमाही में 1,506 करोड़ रुपये का घाटा हुआ है. बता दें कि सोमवार को मुंबई में लोकसभा चुनाव होने की वजह से शेयर बाजार बंद रहे. इसी तरह बुधवार को भी महाराष्‍ट्र दिवस की वजह से शेयर बाजार बंद रहेंगे. किन शेयरों का क्‍या हाल. यस बैंक के अलावा इंडस्‍इंड बैंक, हीरोमोटो कॉर्प, मारुति और पावर ग्रिड के शेयर कुल 14 फीसदी से ...
Tuesday, April 30, 2019

Five reasons YES Bank stock fell over 20% in two days

With Yes Bank shares losing over 20 per cent in the last two days intra day and hitting a fresh 52 week low of 147 in trade today, investors seem to have lost confidence in the large cap stock. The stock has witnessed sharp sell-off this week too amid ...
Thursday, November 29, 2018

Yes Bank's week of crisis: What all has happened so far

New Delhi: Troubles continued to mount for Yes Bank Ltd Thursday, with ratings agencies ICRA Ltd and CARE Ratings Ltd downgraded the private-sector lender's debt instruments. Yes Bank share prices plummeted as much as 9% following the news, ...
Thursday, November 29, 2018

Yes Bank hits fresh 33-month low, tanks 9% after ICRA also downgrades rating

Yes Bank shares hit fresh 33-month low, shedding another 9 percent on Thursday as rating agency ICRA also downgraded lender's long-term ratings, following the action by its parent firm Moody's. The stock fell nearly 26 percent in five consecutive ...
Thursday, November 29, 2018

Yes Bank's Rana Kapoor unlikely to contest for chairman post

New Delhi: Yes Bank Managing Director and CEO Rana Kapoor is unlikely to be in the fray for the post of chairman which fell vacant following the resignation of Ashok Chawla earlier this month, sources said Thursday. Besides, as Kapoor still remains the ...
Thursday, November 29, 2018

Stocks in the news: Repco Home, YES Bank, SBI, SpiceJet and Future Retail

YES Bank: Managing Director and CEO Rana Kapoor is unlikely to be in the fray for the post of chairman which fell vacant following the resignation of Ashok Chawla earlier this month, sources said Thursday. SpiceJet: The airline has re-appointment Ajay ...
Thursday, November 29, 2018

How rating cuts impacted Yes Bank securities

MUMBAI: Rating company ICRA cited likely corporate governance flashpoints to join its overseas parent Moody's in downgrading Yes Bank bonds, this time of about Rs 33,000 crore in debt outstanding locally, dealing a further blow to the Indian lender ...
Thursday, November 29, 2018

Yes Bank to decide on chairman picks in 13 Dec board meeting

New Delhi: Yes Bank Ltd, during its 13 December board meeting, will recommend names for the chairman's post to the Reserve Bank of India (RBI) as well as consider appointment of independent directors. The private sector lender, which is grappling with ...
Thursday, November 29, 2018

Rana Kapoor eyes Yes Bank chairman seat after exit as CEO

Mumbai: Yes Bank Ltd's co-founder and outgoing MD and CEO Rana Kapoor wants to be named as the bank's non-executive chairman once his term ends on 31 January, according to documents reviewed by Mint. The document, a draft of the consent terms ...
Thursday, November 29, 2018

Yes Bank's week of No's: What all has happened so far

New Delhi: Yes Bank Ltd, India's fifth largest private-sector lender by assets, said on Wednesday it was not involved with the fund management of its promoter firms Yes Capital (India) Pvt. Ltd and Morgan Credits Pvt Ltd. The statement was in response ...
Thursday, November 29, 2018

YES Bank falls for 5th consecutive session, touches 52-week low

Rating company Icra downgraded YES Bank bonds on Wednesday after a similar action by its overseas parent Moody's, citing likely corporate governance flashpoints, dealing a further blow to the domestic lender, whose stock has plunged 56 per cent in the ...
Thursday, November 29, 2018

YES Bank plunges 9%, touches 52-week low

Rating company Icra downgraded YES Bank bonds on Wednesday after a similar action by its overseas parent Moody's, citing likely corporate governance flashpoints, dealing a further blow to the domestic lender, whose stock has plunged 56 per cent in the ...
Thursday, November 29, 2018

यस बैंक बोर्ड 13 दिसंबर को नये चेयरमैन के लिए करेगा नामों की सिफारिश

नयी दिल्ली, 28 नवंबर (भाषा) यस बैंक ने बुधवार को कहा कि उसका निदेशक मंडल 13 दिसंबर को नये चेयरमैन के लिए नामों की सिफारिश करेगा। रिजर्व बैंक उनमें से किसी एक नाम को अपनी मंजूरी देगा। इसके अलावा स्वतंत्र निदेशकों की नियुक्ति पर भी विचार किया जाएगा। एनपीए सहित कई मुद्दों को लेकर संकट में फंसे निजी बैंक के तीन स्वतंत्र निदेशकों ने हाल में इस्तीफा दे दिया। इनमें बैंक के चेयरमैन अशोक चावला भी शामिल हैं। बैंक ने नियामक को दी गयी जानकारी में कहा है कि 13 दिसंबर को उसके निदेशक मंडल की नामांकन और पारिश्रमिक समिति (एनएंडआरसी) एवं निदेशक मंडल की बैठक होनी है। यस बैंक ने ...

Rana Kapoor seeks return as Yes Bank chairman after exit as CEO

Mumbai: Yes Bank Ltd's co-founder and outgoing MD and CEO Rana Kapoor wants to be named as the bank's non-executive chairman once his term ends on 31 January, according to documents reviewed by Mint. The document, a draft of the consent terms ...
Thursday, November 29, 2018

Rana Kapoor wants to be Yes Bank chairman after his term as MD, CEO ends: Report

Yes Bank's outgoing Managing Director and Chief Executive Officer Rana Kapoor wants to be the bank's non-executive chairman after his term concludes in January, according to a report by Mint. Kapoor and his rival promoter Madhu Kapur are negotiating ...
Thursday, November 29, 2018