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Yes Bank slashes base lending rate by 25 bps to 10.50 percent

Jun 18, 2015

Yes Bank slashes base lending rate by 25 bps to 10.50 percent

Revised rates will be effective from June 22 #Yes Bank #bps #base lending
Bleak monsoon forecast dampens hope of rate cut as drought threat looms over

Jun 03, 2015

Bleak monsoon forecast dampens hope of rate cut as drought threat looms over

Rajan fought hard to make inflation the RBI's sole mandate, and earlier this year the government and central bank agreed on a target to keep consumer inflation between 2 and 6 percent. #Economy #RBI #ConnectTheDots #Repo rate #Yes Bank #Raghuram Rajan #Monsoon #Shubhada Rao
Yes Bank to raise $1 bn through equity sale

Apr 22, 2015

Yes Bank to raise $1 bn through equity sale

Yes Bank reported a 28.1 percent rise in its standalone net profit at Rs 551 crore for the fourth quarter ended March 31 on higher interest income and healthy growth in advances and deposits. #NewsTracker #Yes Bank #American Depository Receipts #Qualified Institutions Placement #Global Depository Receipts
Yes Bank to issue green bonds worth Rs 500 cr for clean energy projects

Feb 16, 2015

Yes Bank to issue green bonds worth Rs 500 cr for clean energy projects

The bond will have a tenor of 10 years, it said in a statement, adding the issue has already been launched. #Economy #Asian Development Bank #Solar power #Yes Bank #CompanyWatch #Wind power #Green energy
Need to grow at 7-8% to create ample job opportunities: Jayant Sinha

Feb 04, 2015

Need to grow at 7-8% to create ample job opportunities: Jayant Sinha

India needs to grow at 7-8 percent a year to create more job opportunities for young people and double the size of the economy in 10 years, Minister of State for Finance Jayant Sinha said. #Economy #Environment #Yes Bank #Growth #Rana Kapoor #Jayant Sinha #MoS finance
ICICI faces brunt of a faltering economy, worst isnt over for banks yet

Jan 30, 2015

ICICI faces brunt of a faltering economy, worst isnt over for banks yet

ICICI Bank, on Friday reported a lower than expected net profit of Rs 2,889 crore in the three months ended 31 December, weighed down by a notable rise in its bad loan levels and subsequent provisions. #Business #Sensex #RBI #Narendra Modi #Banking #ICICI Bank #EarningsShow #Yes Bank #Axis Bank #Chanda Kochhar #Bank of Baroda #NPAs #corporate loan
Yes Bank leads race for Deutsche's Indian mutual fund arm: sources

Jan 22, 2015

Yes Bank leads race for Deutsche's Indian mutual fund arm: sources

The deal, which the sources estimate at nearly Rs 200 crore ($32.5 million), is coming at a time of optimism in Indian markets after a surprise interest rate cut and hopes of reform ahead of the government's maiden budget next month. #Business #Investing #NewsTracker #Mutual fund #Yes Bank #Rate cut #Deutsche Asset Management
Private banks focus on low-risk retail loans as corporate segment struggles

Jan 16, 2015

Private banks focus on low-risk retail loans as corporate segment struggles

Private sector banks report good numbers largely due to their increased focus on the retail lending segment and the appreciation on their investment portfolios. #InMyOpinion #Yes Bank #Axis Bank #Pipavav Defence #Corporate Debt Restructuring #CDR #Corporate credit #retail loan #corporate loan
SAT asks Sebi to pass fresh order against individual in 2005 IPO scam

Jan 15, 2015

SAT asks Sebi to pass fresh order against individual in 2005 IPO scam

Setting aside Sebi order against an individual in the case related to infamous IPO scam of 2003-05, the SAT today asked the market regulator to look afresh at the matter, maintaining that the accused can't be allowed to go scot-free. #SEBI #Suzlon #IDFC #TheySaidIt #Yes Bank #SAT #IL&FS #IPO Scam #Purshottam Budhwani