Tag: Yes Bank

Yes Bank shortlists candidates for posts of MD & CEO

Mumbai: Yes Bank will submit names of the potential candidates for its Managing Director and Chief Executive post to the Reserve Bank of India (RBI) on Thursday. The bank in a regulatory filing after its Board meeting on Wednesday said that it has finalised the names which it will disclose only after RBI’s approval. According […]

  • Friday, 09 July 2021
bank-holidays december
Alert! Banks To Remain Closed For 5 Days This December

Kolkata: Ahead of the strike called by the United Forum of Bank Unions (UFBU) on December 26, one of the bank officers’ union has called a strike on December 21, demanding unconditional mandate for the XIth bipartite wage revision talks, officials said on Wednesday. In the wake of strikes and holidays, the banks will remain […]

  • Friday, 09 July 2021
Yes Bank Q2 net profit decline by 3.7%

Mumbai: Yes Bank on Thursday reported a decline of 3.73 per cent in its standalone net profit for the second quarter of financial year 2018-19. According to the lender, its Q2 net profit declined to Rs 964.7 crore from Rs 1,002.73 crore reported for the corresponding period of the previous financial year. “Net profit declined […]

  • Thursday, 08 July 2021
RBI reaffirms decision on tenure of Yes Bank's Rana Kapoor

Mumbai: The Reserve Bank of India (RBI) has reaffirmed that a successor to YES BANK’s MD and CEO Rana Kapoor should be appointed by February 1, 2019. The private lender had earlier said it will request RBI to extend Kapoor’s tenure up to minimum of April 30, 2019. According to a company’s filing on Wednesday, […]

  • Thursday, 08 July 2021
Sensex jumps 169 pts; IT stocks rally

Mumbai: The BSE benchmark Sensex Monday rose 169 points, led by gains in IT stocks amid positive global cues. The NSE barometer Nifty gained 52 points to reclaim the 11,900 level. Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to […]

  • Thursday, 29 April 2021
Sensex opens flat, Yes Bank tanks 10%

Mumbai: Sensex traded slightly lower after opening on a flat note on Thursday. At 10.14 a.m., the Sensex was trading 55.45 points lower at 39,160.19. It opened at 39,204.47 from its Wednesday’s close 39,215.64. The Nifty was trading 20.10 points lower at 11,667.40. Yes Bank was the top loser, down over 10 per cent on the […]

  • Wednesday, 28 April 2021
Sensex Soars Over 600 Pts On FPI Surcharge Rollback

Mumbai: Domestic equity benchmark BSE Sensex rallied over 662 points in opening session on Monday after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy. The 30-share index, however, pared some gains as investors began booking profits at higher levels. The index was […]

  • Monday, 26 April 2021
Sensitive Index - Sensex
Market Opens On A Positive Note; Yes Bank Cracks 4 Pc

Mumbai: Domestic equity benchmark BSE Sensex jumped over 100 points in early session on Friday, driven by by gains in IT and auto stocks, amid positive domestic and global cues. After touching a high of 37,244.34, the 30-share index pared most gains to trade 9.23 points, or 0.02 per cent, higher at 37,113.51 at 0950 […]

  • Sunday, 25 April 2021
Sensex Drops Over 200 Pts; ICICI Bank, TCS Top Laggards

Mumbai: Domestic equity benchmark BSE Sensex dropped over 200 points in early session on Thursday, dragged by losses in index heavyweights Yes Bank, TCS and Infosys, amid unabated foreign fund outflow and mixed global cues. The 30-share index was trading 206.33 points, or 0.56 per cent, lower at 36,357.55 at 0930 hours, while the broader […]

  • Sunday, 25 April 2021
Sensex Slumps 470 Points, Yes Bank Down 15%

New Delhi: The key Indian equity indices slumped over 1 per cent on Thursday with the BSE Sensex closing 470 points lower, owing to heavy selling in oil, metal and IT stocks amidst mixed global cues. Selling acitivity was witnessed across sectors and the key indices remained in the red throughout the day. Stock-wise, Yes […]

  • Sunday, 25 April 2021
DBS Denies Reports Of Yes Bank Acquisition

Mumbai: Singapore-based DBS Bank said on Saturday that reports claiming that it will acquire controlling stakes in Yes Bank were false. “The rumours of DBS acquiring a stake in Yes Bank are unfounded and baseless,” a DBS spokesperson told IANS. Meanwhile, Yes Bank also confirmed that the DBS acquisition reports were false. Earlier, Yes bank […]

  • Friday, 23 April 2021
Sensex Opens Over 100 Points Higher, Yes Bank Jumps 5%

Mumbai: Sensex and Nifty opened higher on Tuesday over firm global cues and slightly better than expected earning results so far. Meanwhile, Yes Bank shares jumped nearly 5 per cent after marquee investor Rakesh Jhunjhunwala picked up nearly 1.3 core shares of the private bank. Sensex opened at 40,445.67, from its Monday’s close of 40,301.96 […]

  • Friday, 23 April 2021
Govt Funds In Pvt Banks Row: Are Odisha Officials Flouting Guidelines?

Puri: Going by Odisha government’s own guidelines, shifting of funds from one bank to another without valid reasons & approval will tantamount to financial irregularity and it is no surprise that the opposition parties are up in arms over reported transfer of Lord Jagannath’s funds to a private bank. As per a letter dated 04-10-2019 […]

  • Wednesday, 21 April 2021
RBI caps withdrawals from Yes Bank; supersedes board

Mumbai: Troubled private sector lender Yes Bank was placed under a “moratorium” on late Thursday, with the RBI capping depositor withdrawals at Rs 50,000 per account for a month and superseding the board with immediate effect. The Reserve Bank of India (RBI) took the decision in consultation with the government to protect depositors’ interest. The […]

  • Monday, 19 April 2021
PhonePe services hit as partner Yes Bank put under moratorium

New Delhi: Payment services provider PhonePe has suffered an outage after the Reserve Bank of India (RBI) on Thursday put Yes bank under moratorium. In a tweet, PhonePe said that its services are temporarily unavailable as it is going through an unscheduled maintenance activity. “We are temporarily unavailable. We are going through an unscheduled maintenance […]

  • Monday, 19 April 2021