New Delhi, Oct 21 (IANS) The Competition Commission of India (CCI) on Thursday approved the acquisition of 10 per cent stake in Yes Bank Limited by CA Basque Investments. The proposed combination pertains to CA Basque acquiring up to 10 per
Mumbai, Aug 5 (IANS) Moody’s Investors Services has upgraded Yes Bank’s long-term foreign currency issuer rating and long-term foreign and local currency bank deposit ratings to Ba3 from B2, a release said. The bank’s Baseline Credit Assessment (BCA) and Adjusted BCA
Mumbai, Jan 23 (IANS) Private lender Yes Bank on Saturday reported a rise of 76.8 per cent year-on-year in its net profit for the third quarter of FY22. The bank’s net profit rose to Rs 266 crore as against Rs 151
Mumbai, Oct 22 (IANS) Yes Bank on Friday reported a rise of 74.3 per cent in its net profit for Q2FY22 on a year-on-year basis. The lender’s net profit during the preiod under review rose to Rs 225 crore from Rs
Mumbai, July 23 Yes Bank on Friday reported a standalone net profit of Rs 206. 84 crore for Q1FY22. As per the company’s filing to the BSE, the lender had reported a net profit of Rs 45.55 crore for Q1FY21.
New Delhi, June 1 Yes Bank on Tuesday revised its growth estimate for India for the financial year 2021-22 to 8.5 per cent. Its previous projection was 10.5 per cent. “While all indications pointed to a stable recovery process before
New Delhi, May 12 Reinforcing its commitment to support communities, YES BANK has enabled its customers to use their banking and credit card reward points to contribute towards medical oxygen for COVID-19 patients. This facilitation is being offered to bank
Mumbai, May 01 Yes Bank on Friday reported a standalone net loss of Rs 3,787.75 crore for the January-March quarter. Its gross NPA was 15.41 per cent during the fourth quarter of last fiscal, down from 16.80 per cent reported
New Delhi, April 13 Yes Bank has been fined Rs 25 crore by the Securities and Exchange Board of India (SEBI) for perpetrating “such fraudulent acts on its hapless and unsuspecting customers”, in the sale of AT1 bonds. In a
Mumbai, April 3 To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited. Accordingly, the two companies have entered into a Memorandum of Understanding (MoU) to strengthen Fintech-led innovation and support the growth
Mumbai, April 1 Reliance Infrastructure Limited and YES Bank Limited announced a sale transaction of Reliance Centre, Santacruz, Mumbai to YES Bank. The transaction value is Rs1,200 crore. Entire proceeds from the sale of Reliance Centre, Santacruz is utilized only
Accelerated reward points, preferential rates on loans and expert advice on financial matters Exciting lifestyle offers on debit cards Self-care offers on fitness coaching, yoga sessions, medical discounts and more Mumbai, March 8, 2021: On the occasion of International Women’s Day, YES
Mumbai, March 5 PNB Housing Finance and Yes Bank on Friday said that they have entered into a strategic co-lending agreement to offer retail loans to home-buyers at competitive interest rates. A PNB Housing statement said that both the financial
Mumbai, February 24, 2021: YES BANK has been rated ‘A-‘ (Leadership Band) by CDP for its 2020 Climate Change disclosures, surpassing the average ratings for the Financial Services and the Asia Region, which stand at ‘B’ and ‘D’, respectively. The Bank
Mumbai, Jan 23 Yes Bank on Friday reported a net profit of Rs 151 crore for the quarter ended December 31. During the corresponding quarter of the previous financial year (2019-20), the bank had reported a loss of Rs 18,560
Mumbai, Jan 18 Yes Bank on Monday said that its Board of Directors will consider raising funds by issuing equity shares, depository receipts or debentures among other options, in its meeting on January 22. Its board will also consider and
New Delhi, Nov 2 Yes Bank is looking to sell its entire NPA portfolio of Rs 32,344 crore to ARCs or other potential investors. Sources informed that Yes Bank’s offer to ARCs will be to recover at least 15 per
New Delhi, Oct 28 The trends in the collection efficiency of Yes Bank are way below the pre-Covid levels and this could add to the existing stress book. Macquarie Research said in a research note that while the retail book
Mumbai, Oct 26 Yes Bank has increased its covid-related provisioning to Rs 1,918 crore in the July-September quarter. In its investor presentation, the bank said that the total aggregate Covid-related provision is 1.15 per cent of the total advances and
New Delhi, Sep 29 The BSE has signed an MoU with YES BANK to empower the SME segment through awareness and knowledge-sharing programmes by the two entities. BSE and YES BANK will conduct knowledge events for SMEs, export promotion of
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