Yes Bank

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IDFC and other private banks offering up to 7 percent interest for senior citizens on three-year FDs; check list here
Business

IDFC and other private banks offering up to 7 percent interest for senior citizens on three-year FDs; check list here

The Reserve Bank of India (RBI) has maintained the key repo rate unchanged at a 4 percent low, following which many banks have reduced their interest rates on FD

DHFL corruption case: Bombay HC refuses bail to Yes Bank founder Rana Kapoor's wife, daughters
India

DHFL corruption case: Bombay HC refuses bail to Yes Bank founder Rana Kapoor's wife, daughters

A single bench of Justice Bharati Dangre rejected the bail applications filed by Kapoor's wife Bindu and daughters Roshini and Radha.

Yes Bank scam: Nothing wrong with special court order refusing bail to Rana Kapoor's family, CBI tells Bombay HC
India

Yes Bank scam: Nothing wrong with special court order refusing bail to Rana Kapoor's family, CBI tells Bombay HC

Justice Bharati Dangre of the high court was hearing pleas filed by Kapoor's wife Bindu and daughters Roshini and Radha Kapoor seeking bail.

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days
Business

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days

Yes Bank Ltd and certain officials devised the "devious scheme to dump the AT-1 (Additional Tier-1) bonds on their hapless customers", the market regulator noted

Enforcement Directorate arrests Yes Bank co-founder Rana Kapoor in fresh case of money laundering
India

Enforcement Directorate arrests Yes Bank co-founder Rana Kapoor in fresh case of money laundering

Kapoor, 63, was already in judicial custody after he was arrested by the Central probe agency in March in connection with alleged financial irregularities

Yes Bank CEO Prashant Kumar says management aims to cut operational expenses by 20% in FY21
India

Yes Bank CEO Prashant Kumar says management aims to cut operational expenses by 20% in FY21

Kumar was asked to lead Yes Bank in March after alleged governance lapses under co-founder and chief executive Rana Kapoor

Yes Bank case: CBI books HDIL promoters Wadhawans, others for Rs 200-cr loan fraud
Business

Yes Bank case: CBI books HDIL promoters Wadhawans, others for Rs 200-cr loan fraud

It is alleged that loans taken for Mack Star were transferred to settle HDIL liabilities to Yes Bank without intimation to its majority stakeholder and investor ODIL in a conspiracy orchestrated by the HDIL promoters, directors and auditors

Yes Bank money laundering case: ED arrests former CFO and internal auditor of Cox and Kings Group
Business

Yes Bank money laundering case: ED arrests former CFO and internal auditor of Cox and Kings Group

CKG's ex-chief financial officer Anil Khandelwal and ex-internal auditor Naresh Jain were produced before a local court and sent to seven-day custody

ED summons Rajasthan businessman Raman Kant Sharma in Yes Bank money laundering case
India

ED summons Rajasthan businessman Raman Kant Sharma in Yes Bank money laundering case

The ED is also probing his alleged business links with Vaibhav Gehlot, the son of Rajasthan chief minister Ashok Gehlot, in the FEMA case.

YES Bank FPO: Here’s how to check your allotment status; offer had received 93% subscription on last day of bidding
Business

YES Bank FPO: Here’s how to check your allotment status; offer had received 93% subscription on last day of bidding

In its prospectus, YES Bank has mentioned that the funds raised via FPO will be used for growth and expansion.

YES Bank shares plunge 20% as stock continues with its losing streak for fourth straight session
Business

YES Bank shares plunge 20% as stock continues with its losing streak for fourth straight session

Even though YES Bank had sell orders in the Rs 14.60 to Rs 14.80 range on the Bombay Stock Exchange, it had no buyers.

Yes Bank's leadership team opts for salary restructuring for FY'20-21; up to 30% of CTC to be allocated as variable pay
Business

Yes Bank's leadership team opts for salary restructuring for FY'20-21; up to 30% of CTC to be allocated as variable pay

Yes Bank’s employees had also voluntarily contributed an amount equal to one day’s salary to the PM CARES Fund to support ongoing relief efforts to combat COVID-19, the company said in a statement.

Yes Bank scam case: PMLA court in Mumbai summons Rana Kapoor, seven others on 5 June
Business

Yes Bank scam case: PMLA court in Mumbai summons Rana Kapoor, seven others on 5 June

The charge sheet, filed earlier this month, named as accused Rana Kapoor, his wife, daughters and three firms associated with them among others.

Yes Bank money laundering case: Bombay High Court declines pre-arrest bail to Wadhawans
Business

Yes Bank money laundering case: Bombay High Court declines pre-arrest bail to Wadhawans

The Bombay High Court on Tuesday refused to grant pre-arrest bail to DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money laundering case of Yes Bank being probed by the Enforcement Directorate

Yes Bank case: Wadhawan brothers bail plea rejected, sent to judicial custody till 22 May
Business

Yes Bank case: Wadhawan brothers bail plea rejected, sent to judicial custody till 22 May

As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody

Q4 results impact: Yes Bank shares zoom 20% after lender posts Rs 2,629-cr profit, HCL Tech jumps over 4%
Business

Q4 results impact: Yes Bank shares zoom 20% after lender posts Rs 2,629-cr profit, HCL Tech jumps over 4%

Shares of Yes Bank on Thursday zoomed 20 percent after the company reported a net profit of Rs 2,629 crore for the March quarter

Yes Bank Q4 results: Private lender posts Rs 2,629 cr net profit on gains from AT-1 bond write-off
Business

Yes Bank Q4 results: Private lender posts Rs 2,629 cr net profit on gains from AT-1 bond write-off

Yes Bank had a loss of Rs 18,560 crore loss in the December quarter while the loss was at Rs 1,506 crore in the March 2019 quarter.

Yes Bank fraud case: Enforcement Directorate files charge sheet against Rana Kapoor on money laundering charges
Business

Yes Bank fraud case: Enforcement Directorate files charge sheet against Rana Kapoor on money laundering charges

The Enforcement Directorate (ED) on Wednesday filed a charge sheet against Yes Bank co-founder Rana Kapoor, arrested on money laundering charges, in a special court here

Yes bank scam case: CBI court extends custody of accused Kapil, Dheeraj Wadhawan till 1 May
Business

Yes bank scam case: CBI court extends custody of accused Kapil, Dheeraj Wadhawan till 1 May

A special CBI court in Mumbai on Wednesday extended till 1 May the custody of DHFL promoter Kapil Wadhawan and his brother Dheeraj, accused in a corruption case against former Yes Bank CEO Rana Kapoor, officials said