Page 17 - Yes Bank

Tough task ahead for Malavika Hegde, the new CEO of Coffee Day Enterprises

While her appointment came as no surprise, she will have to rebuild a struggling enterprise that has been selling its non-core assets to prune its debts

Maruti Suzuki starts vehicle financing for Nexa customers on its platform

Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion

YES Bank hits over 4-mth high on rating upgrade; stock gains 50% in 1 month

Brickwork Ratings has upgraded the rating of Tier I Subordinated Perpetual Bonds (Basel II) from BWRD to BWR BB+/ Stable.

With conglomerates reluctant, PEs may be better source of capital for banks

PEs have deep pockets with the ability to recapitalise the bank as and when needed

Which bank next on the RBI radar?

If shareholders can throw the chairman and MD out, where is the sanctity of the RBI approval for such appointments?

YES Bank takes on lease 62,500 sq ft office space in Noida from Max group

Max group's realty arm Max Estates on Thursday said it has leased 62,500 sq ft of office space to Yes Bank in its commercial project in Noida, Uttar Pradesh. Max Estates is a subsidiary of Max Ventures & Industries Ltd (MaxVIL). In a statement, the company said it has leased about 62,500 sq ft at its commercial project 'Max Towers' in Noida to Yes Bank, which plans to relocate its offices from the Central Business District (CBD) to the new location to rationalize cost. During the last six months, Max Estates has also leased around 25,000 sq ft to Indian Energy Exchange (IEX) Ltd. "The demand for Grade A office spaces has been growing in Noida mainly due to relatively high rentals in Delhi and Gurugram's established office space locations and emerging supply of better quality assets," MaxVIL Managing Director Sahil Vachani said. Max Estates has so far leased around 3,90,000 sq ft at Max Towers, which is located on the Delhi Noida Directway (DND). The company did not share the per .

Chart Check: YES Bank jumps over 30% in one month; will it rise more?

After breaching the Rs 18 mark, the breakout should see a surge towards Rs 24 to Rs 23 range.

Only Rs 300 cr of retail, MSMEs applied for loan recast: YES Bank

Yes Bank on Tuesday said the loan repayments performance by its retail and small business borrowers has been better than expected, and only Rs 300 crore of the Rs 60,000-crore book has applied for the COVID-19-related loan restructuring scheme. The collection efficiencies at about 95-96 per cent right now are back to the pre-COVID-19 levels of 97 per cent, its Global Head for Retail Business Rajesh Pental told PTI. "Only Rs 300 crore of the overall Rs 60,000 crore of the advances book have opted for loan recast till now," Pental said. He stressed that the portfolio quality is immaculate and stable where its customer selection over the past two years has paid off. Borrowers have time till the end of December to opt for the scheme. He said 54 per cent of borrowers by numbers had opted for moratorium which lasted till August, and an additional 5-8 per cent could not pay as well. However, 85 per cent of the overall moratorium customers had paid at least one loan instalment during the

YES Bank aims to double retail, SME assets & liabilities book by March 2023

The lender expects to grow the combined share of retail and SME in business to 60%

Yes Bank aims to disburse Rs 10,000 cr retail, MSME loans in Dec quarter

Yes Bank also aims to open up to 1 lakh fresh accounts every month by leveraging technology

YES Bank trades at its highest level since August 31; zooms 26% in 1 month

In the past one month, YES Bank has outperformed the market by gaining 26 per cent, following the news of bank's inclusion in the MSCI India Index with effect from December 1

Cox & Kings money laundering case: ED detects fund diversion of Rs 7,000 cr

An earlier estimation from ED stood at about Rs 5,500 crore

YES Bank money-laundering case: ED arrests Cox & Kings promoter Kerkar

The Enforcement Directorate will produce Kerkar in the Mumbai sessions court on Friday

Rating agencies upbeat on cash-starved Lakshmi Vilas Bank merger with DBS

This deal is positive for India's banking sector and will bring much-needed relief to LVB, which has been struggling for many years, S&P said in a statement

The crisis at Lakshmi Vilas Bank and how does it impact you? Explained

In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake and more

Yes Bank case: Court grants bail to Rana Kapoor's daughter Roshni

A magistrate court granted bail to Roshni Kapoor, an accused in the Yes Bank fraud case linked to DHFL

Bull run continues; Sensex up 316 pts to end at 43,594, Nifty nears 12,750

All that happened in the markets today.

Trent gains 12%, YES Bank up 5% on MSCI India index inclusion from December

MSCI Inc. will add 12 India stocks to its standard index and remove two as part of the semi-annual review of the world's largest index compiler.

YES Bank hits 5% upper circuit as CARE upgrades debt instrument rating

The revision in the ratings factors in the improvement in the credit profile of the bank post the implementation of the reconstruction scheme, the rating agency said

CBI books Ezeego promoters, directors for Rs 946 cr loan fraud in YES Bank

The agency has booked promoters Ajay Ajit Peter Kerkar and Urrshila Kerkar and directors Neelu Singh, Arup Sen, Manisha Amrapurkar, Pesi Patel and Karthik Venkatrman for alleged diversion of loan fund