Latest News on Private Sector Lender
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Private Sector Lender - Total results - 5
Apr 30, 2019
Macquarie says got Yes Bank call all wrong; double-downgrades bank's stocks, cuts target price by 40%Yes Bank reported its first-ever loss of a whopping Rs 1,506-crore for the March quarter under a new management led by Ravneet Gill
Apr 28, 2019
Yes Bank clean-up to continue, as CEO Ravneet Gill shifts focus on compliance and governanceRavneet Gill succeeded Rana Kapoor in March after RBI asked to leave by end January due to a regulatory discomfort.
Feb 16, 2019
RBI warns Yes Bank of regulatory action for disclosure of nil divergence report; says Risk Assessment Report misrepresentedThe RAR also identifies several other lapses and regulatory breaches in various areas of Yes Bank's functioning and the disclosure of just one part of the RAR is viewed by RBI as a deliberate attempt to mislead the public, the RBI said.
Jun 01, 2018
ICICI-Videocon loan issue: Bank's Board denies asking CEO Chanda Kochhar to go on leaveOn Wednesday, ICICI Bank's Board of Directors had decided to institute a "comprehensive enquiry" to look into an anonymous whistle blower's complaint alleging that Chanda Kochhar had not adhered to provisions relating to "code of conduct" of the bank.
Mar 09, 2017
Uday Kotak sells 1.5% stake in Kotak Mahindra for Rs 2,255 cr to Canadian fundsUday Kotak, along with family members, held 33.61 percent stake in the bank as of December 2016, out of which 33.30 per cent is held by Kotak in his personal capacity.