Recent Highlights
All Stories for Yes Bank Scam
SBI to up Yes Bank stake to 49%, not to sell a single share before 3 years: Chairman Rajnish Kumar
• 5 years agoState Bank chairman Rajnish Kumar on Tuesday said the country's largest lender that owns close to 43 percent in Yes Bank now will not sell a single share before that mandated three-year lock-in period, and that he's in fact keen to approach the board for hiking the holding to 49 percent
Yes Bank likely to face withdrawal rush with lifting of moratorium today evening: Report
• 5 years agoWith moratorium being lifted from Wednesday, the crisis-hit Yes Bank might see a heavy withdrawal of deposits by customers, according to a report
Yes Bank crisis: ED summons Subhash Chandra, Naresh Goyal, Sameer Gehlaut, other top corporate honchos for questioning this week
• 5 years agoThe Enforcement Directorate (ED) has summoned top corporate honchos, including Essel Group promoter Subhash Chandra, Jet Airways founder Naresh Goyal and Indiabulls chairman Sameer Gehlaut, to appear before it this week in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday
Yes Bank continues to rally for third day; shares jump nearly 35% after Moody's upgrades private lender's ratings
• 5 years agoShares of Yes Bank on Tuesday further jumped nearly 35 percent after Moody's upgraded the company's ratings
Yes Bank crisis: Customers can access all banking services from Wednesday evening, says private lender
• 5 years agoYes Bank customers will be able to access full banking services from Wednesday evening, as the moratorium will be lifted earlier
Yes Bank crisis: IDFC First to invest Rs 250 cr in cash-strapped private lender to acquire 25 cr shares
• 5 years agoIDFC First Bank on Sunday said it will make an equity investment of Rs 250 crore in beleaguered Yes Bank to acquire 25 crore equity shares
Yes Bank reports Rs 18,564-cr loss for December quarter as bad loans surge to Rs 40,709 cr
• 5 years agoYes Bank reported on Saturday a staggering Rs 18,654-crore loss for the December quarter due to higher recognition of dud assets on the books, and an erosion of capital buffers to the brink
Yes Bank says NPA troubles to continue in FY21; capital infusion makes CEO-designate confident of surviving storm
• 5 years agoYes 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
Yes Bank crisis: CBI books founder Rana Kapoor, wife Bindu and Avantha Realty promoter Gautam Thapar in fresh case
• 5 years agoThe case relates to the Amrita Shergill bungalow deal and alleged bribe for relaxation in realisation of loans worth over Rs 1,500 crore to Thapar's companies
Yes Bank crisis: ICICI Bank, HDFC, Axis, Kotak to infuse Rs 3,100 cr in crippled private lender as part of bailout plan
Fp Staff • 5 years agoICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank will together invest Rs 3,100 crore as part of the RBI's reconstruction plan for the crisis-hit lender, according to the regulatory filings