YES Bank,

Top 5 pvt banks stare at bad loans doubling to 5% in FY21

Top 5 pvt banks stare at bad loans doubling to 5% in FY21

These five banks--HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank--collectively control a quarter of the system a...Read More

SBI okays up to Rs 1,760 cr investment in Yes Bank's FPO

SBI okays up to Rs 1,760 cr investment in Yes Bank's FPO

The development comes a day after Yes Bank's board approved raising funds through an FPO.

Yes Bank puts up for sale properties of Avantha Group, RHC Holdings for recovery of over Rs 1,000 cr

Yes Bank puts up for sale properties of Avantha Group, RHC Holdings for recovery of over Rs 1,000 cr

The sale of immovable assets will take place through e-auction on various dates in July under the Securitization and Reconstruction of Fi...Read More

Yes Bank to auction Essel Infraprojects and SKIL Infra to recover dues worth Rs 1,368 crore

Yes Bank to auction Essel Infraprojects and SKIL Infra to recover dues worth Rs 1,368 crore

Yes Bank will next month auction properties of Essel group firm Essel Infraprojects and SKIL Infra to recover dues of Rs 1,368.16 crore. ...Read More

CBI files chargesheet against eight in Yes Bank case

CBI files chargesheet against eight in Yes Bank case

Names Rana Kapoor, daughter Roshni, DHFL, its promoters Kapil Wadhawan and Dheeraj Wadhawan

Yes Bank Case: ED did not raid Cox and Kings’ premises but former Board of Directors’ residential premises

Yes Bank Case: ED did not raid Cox and Kings’ premises but former Board of Directors’ residential premises

Just last week, there were reports that the Enforcement Directorate (ED) had raided the premises connected to tour operator Cox & Kin...Read More

YES Bank scam case: ED raids five Mumbai-based offices of Cox and Kings

YES Bank scam case: ED raids five Mumbai-based offices of Cox and Kings

Five offices of alleged loan defaulter travel firm Cox and Kings in Mumbai were searched by teams of the Enforcement Directorate in conne...Read More

Yes Bank restructures salary of senior leadership team

Yes Bank restructures salary of senior leadership team

The move to allocate 30 per cent of the total cost to company as variable pay is applicable to the "leadership team" for FY21, an officia...Read More

Court takes cognizance of ED’s chargesheet in Yes Bank scam case

Court takes cognizance of ED’s chargesheet in Yes Bank scam case

Rana Kapoor, wife, daughters to be present before court on June 5

YES Bank scam: ED tells special court that Wadhawan-owned Rs 1,000 crore property in Australia needs probe

YES Bank scam: ED tells special court that Wadhawan-owned Rs 1,000 crore property in Australia needs probe

The Enforcement Directorate (ED) on Friday told a special court that it needs to probe a Rs 1,000 crore property in Australia mortgaged b...Read More

ED arrests Wadhawan brothers in Yes Bank case

ED arrests Wadhawan brothers in Yes Bank case

The brothers were remanded to 10-day ED custody by a special court in Mumbai, they said.

Yes Bank sees 7.5% rise in stock prices after it reports Rs 2,729 crore net profit in Q4

Yes Bank sees 7.5% rise in stock prices after it reports Rs 2,729 crore net profit in Q4

Rana Kapoor-founded Yes Bank’s stock a few months ago had seen a continuous drop in value. But after the financial results for FY 2019-20...Read More

Kotak, Federal, IDFC Bank sell part of stake in YES Bank

Kotak, Federal, IDFC Bank sell part of stake in YES Bank

Eight lenders had invested 100 bln rupees in capital-starved YES Bank. Shares were issued at 10 rupees a piece a day after the reconstruc...Read More

YES Bank has the highest exposure to debt-hit Cox & Kings

YES Bank has the highest exposure to debt-hit Cox & Kings

YES Bank Ltd has an exposure of more than 22.67 bln rupees--the highest of all financial creditors--to Cox & Kings Ltd, the travel compan...Read More

‘YES Bank move shows weakness in govt support’

‘YES Bank move shows weakness in govt support’

. "Yes Bank's rescue highlights weaknesses in the process to support a distressed private sector bank.

Yes Bank bailout undermines depositor confidence in private banks: Moody’s

Yes Bank bailout undermines depositor confidence in private banks: Moody’s

The Yes Bank rescue has undermined confidence of depositors in private sector lenders and will lead to smaller entities losing deposits t...Read More

YES Bank saga shows the weakness of Indian financial system: Moody's

YES Bank saga shows the weakness of Indian financial system: Moody's

The moratorium imposed on YES Bank and subsequent rescue has highlighted the weaknesses in the Indian government's support for stressed p...Read More

Khandala to Mahabaleshwar: How Wadhawan brothers manged to dodge arrest amid lockdown

Khandala to Mahabaleshwar: How Wadhawan brothers manged to dodge arrest amid lockdown

The Wadhawan brothers – wanted by both CBI and ED – in the Yes Bank fraud case had rented a guesthouse in Khandala to evade the probe age...Read More

‘No lockdowns for rich and mighty in Maharashtra?’: Fadnavis slams Uddhav over Wadhawans' trip to Mahabaleshwar

‘No lockdowns for rich and mighty in Maharashtra?’: Fadnavis slams Uddhav over Wadhawans' trip to Mahabaleshwar

On Thursday, former Maharashtra CM Devendra Fadnavis tore into the Uddhav administration over the Wadhawan fiasco.He wrote; “No lockdowns...Read More

RBI working to harmonise, simplify private bank norms: Banking sources

RBI working to harmonise, simplify private bank norms: Banking sources

The Reserve Bank of India is in the process of harmonising regulations on private sector banks issued over the years under various licens...Read More

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