Ravneet Gill

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Ravneet Gill - Total results - 19
Yes Bank says NPA troubles to continue in FY21; capital infusion makes CEO-designate confident of surviving storm
Business

Yes Bank says NPA troubles to continue in FY21; capital infusion makes CEO-designate confident of surviving storm

Yes Bank expects pressures from sour loans, which led it to declare the highest loss for any private sector lender at Rs 18,654 crore for the December quarter, to continue even in FY21, but CEO-designate Prashant Kumar is confident of its survival after a Rs 10,000-crore capital infusion

Govt, RBI preparing bailout plan for Yes Bank; crisis-hit private lender hopes to tie up funds by next week
Business

Govt, RBI preparing bailout plan for Yes Bank; crisis-hit private lender hopes to tie up funds by next week

Early this month, Yes Bank had appointed Anshu Jain-headed global investment bank Cantor Fitzgerald and two domestic entities for its fundraising plans.

Yes Bank appoints Anshu Jain-headed global investment bank Cantor Fitzgerald, two domestic entities for fundraising plans
Business

Yes Bank appoints Anshu Jain-headed global investment bank Cantor Fitzgerald, two domestic entities for fundraising plans

Anshu Jain is the ex-colleague of Yes Bank's current Managing Director and Chief Executive Officer Ravneet Gill, who has made the capital-raising as his top priority after taking over last March

Yes Bank independent director Uttam Agarwal quits; lender says he was under 'fit and proper' status review
Business

Yes Bank independent director Uttam Agarwal quits; lender says he was under 'fit and proper' status review

Yes Bank's independent director Uttam Prakash Agarwal has resigned citing "serious concerns" on "deteriorating practices" and the state of affairs at the private sector lender

Kotak Mahindra Bank best suited to acquire Yes Bank, says SBI chairman Rajnish Kumar
Business

Kotak Mahindra Bank best suited to acquire Yes Bank, says SBI chairman Rajnish Kumar

Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to acquire smaller and capital-starved rival Yes Bank

Yes Bank shares continues to drop: Stock tanks nearly 15% after falling 10% on bourses on Tuesday over fundraising concern
Business

Yes Bank shares continues to drop: Stock tanks nearly 15% after falling 10% on bourses on Tuesday over fundraising concern

Shares of Yes Bank on Wednesday tanked nearly 15 percent in the morning trade following uncertainty over its $2-billion fundraising plan

Yes Bank to consider $500 mn offer of Citax group; Erwin Singh Braich's $1.2 bn offer under discussion
Business

Yes Bank to consider $500 mn offer of Citax group; Erwin Singh Braich's $1.2 bn offer under discussion

The board of private lender Yes Bank is willing to favourably consider the offer of $500 million investment of Citax Holdings and Citax Investment Group, the bank said on Tuesday

Ashok Kapur family ready to dilute stake in Yes Bank, says issues of governance, transparency full dealt with
Business

Ashok Kapur family ready to dilute stake in Yes Bank, says issues of governance, transparency full dealt with

Gogia, who was recently inducted to the Yes Bank board, also said her family was fine with lowering their shareholding below the present 8.33% in case a big investor comes on board .

Yes Bank shares jump over 8% on fresh investment buzz; market-cap rises by over Rs 1,800 cr
Business

Yes Bank shares jump over 8% on fresh investment buzz; market-cap rises by over Rs 1,800 cr

Shares of Yes Bank rallied over 4 percent on Monday on prospects of fresh investments in the company

Yes Bank shares plunge 20% in afternoon trade after further 2.16% stake sale by promoters
Business

Yes Bank shares plunge 20% in afternoon trade after further 2.16% stake sale by promoters

Shares of Yes Bank went into a tailspin in afternoon trade on Tuesday despite a positive opening, tumbling nearly 20 percent

Yes Bank shares plunge 30% after weak Q4 results; Jet Airways exposure hurts lender
Business

Yes Bank shares plunge 30% after weak Q4 results; Jet Airways exposure hurts lender

Yes Bank is part of a group of lenders to debt-ridden Jet Airways, which was forced to ground all flights earlier this month after it ran out of funds

Macquarie says got Yes Bank call all wrong; double-downgrades bank's stocks, cuts target price by 40%
Business

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

Yes Bank clean-up to continue, as CEO Ravneet Gill shifts focus on compliance and governance
Business

Yes Bank clean-up to continue, as CEO Ravneet Gill shifts focus on compliance and governance

Ravneet Gill succeeded Rana Kapoor in March after RBI asked to leave by end January due to a regulatory discomfort.

Yes Bank shares gain nearly 3% as Ravneet Gill takes charge as MD, CEO
Business

Yes Bank shares gain nearly 3% as Ravneet Gill takes charge as MD, CEO

Shares of Yes Bank on Friday rose nearly 3 percent after the company said Ravneet Gill has taken charge as MD and CEO with immediate effect for a tenure of three years

Ravneet Gill takes charge as Yes Bank MD, CEO for a tenure of three years, Ajai Kumar to continue as non independent director
Business

Ravneet Gill takes charge as Yes Bank MD, CEO for a tenure of three years, Ajai Kumar to continue as non independent director

The appointment of Gill, will be subject to approval of shareholders' at the ensuing annual general meeting of Yes Bank to be held in June, 2019.

Yes Bank promoters Rana Kapoor and Madhu Kapur agree to nominate one director each on board as part of truce
Business

Yes Bank promoters Rana Kapoor and Madhu Kapur agree to nominate one director each on board as part of truce

Yes Bank said recently select senior board of directors of the bank had interacted with Kapur and her family.

Yes Bank net profit falls 7% to Rs 1,002 cr in December quarter; gross NPAs rise to 2.1% of total advances
Business

Yes Bank net profit falls 7% to Rs 1,002 cr in December quarter; gross NPAs rise to 2.1% of total advances

Yes Bank on Thursday reported a 6.96 percent fall in net profit to Rs 1,001.85 crore in the quarter ended December 2018

Yes Bank names Ravneet Gill of Deutsche Bank India as MD and CEO to succeed Rana Kapoor; shares surge 15%
Business

Yes Bank names Ravneet Gill of Deutsche Bank India as MD and CEO to succeed Rana Kapoor; shares surge 15%

Private sector lender Yes Bank on Thursday named Ravneet Singh Gill, currently heading Deutsche Bank India, as the managing director and chief executive to succeed Rana Kapoor, whose term ends on 31 January

Deutsche Bank says MFs to fill FII vacuum, predicts record rally before Budget
Business

Deutsche Bank says MFs to fill FII vacuum, predicts record rally before Budget

Nullifying any fear of outflow of foreign funds from the country, Deutsche Bank CEO Ravneet Gill said that the prevailing global economic conditions coupled with a business-friendly leadership will help the country to ward off any negative impact on its finances.