Page 30 - Yes Bank
Customers can access all banking services from Wednesday evening: Yes Bank
Yes Bank customers will be able to access full banking services from Wednesday evening, as the moratorium will be lifted earlier. The RBI had on March 5 put a moratorium on Yes Bank restricting withdrawals to Rs 50,000 per depositor till April 3. However, the government in a notification on Saturday said the moratorium will be lifted by 18:00 hrs on March 18. "We will resume full banking services from Wed, Mar 18, 2020, 18:00 hrs. Visit any of our 1,132 branches from Mar 19, 2020, post commencement of banking hrs to experience our suite of services," Yes Bank said in a tweet. "You will also be able to access all our digital services & platforms @RBI @FinMinIndia," it said. The government on Saturday notified the reconstruction plan for cash-strapped Yes Bank and said the moratorium will be lifted by 18:00 hrs on March 18, much earlier than the earlier date of April 3. "The order of moratorium on the reconstructed bank issued by the government...shall cease to have effect on the .
 "Customers can access all banking services from Wednesday evening: Yes Bank")
YES Bank to be dropped from Nifty 50, and other Nifty indices from March 19
In Nifty 100, Adani Transmission will replace Yes Bank, while in Nifty 500, Sterling and Wilson Solar will be added
 "YES Bank to be dropped from Nifty 50, and other Nifty indices from March 19")
YES Bank records sharpest ever intra-day rally, surges 58% in a weak market
The management said the Bank's near term focus will be on deposit mobilization, retail loans including MSME, cost optimization and acceleration in the resolution of stressed assets
 "YES Bank records sharpest ever intra-day rally, surges 58% in a weak market")
YES Bank crisis: ED summons Anil Ambani in probe against Rana Kapoor
Confirming the development, an ED official said the agency was examining all the big borrowers of the bank, and the stressed loans sanctioned during Kapoor's tenure
 "YES Bank crisis: ED summons Anil Ambani in probe against Rana Kapoor")
FinMin may cut interest rates on small savings schemes for April-June qtr
The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme
 "FinMin may cut interest rates on small savings schemes for April-June qtr")
Company, promoters don't have any outstanding term loan from YES Bank: IHFL
The bank asserted that its financial health is sound and the Capital to Risk Weighted Assets ratio, the main parameter, is well above the limit prescribed by the RBI
IDFC First Bank plans to invest Rs 250 crore in crisis-hit YES Bank
The authorised capital of Yes Bank has been increased to Rs 6,200 crore, Finance Minister Nirmala Sitharaman said on Friday.
 "IDFC First Bank plans to invest Rs 250 crore in crisis-hit YES Bank")
YES Bank looks to contain slippages to around Rs 8,500 crore in FY21
Its standard advances after subtracting net NPAs were about Rs 1.75 trillion at end-December
Fresh blows, disappointments to investors of crisis-hit YES Bank
Auditors cast doubts on bank's ability to remain a going concern, investors holding more than 100 shares barred from selling stock
 "Fresh blows, disappointments to investors of crisis-hit YES Bank")
YES Bank fiasco: Mutual funds to approach Sebi on 3-year lock-in
Nifty, Bank Nifty funds will have to sell stock after index exclusion
 "YES Bank fiasco: Mutual funds to approach Sebi on 3-year lock-in")
YES Bank crisis: How Rana Kapoor's firm expanded aggressively through loans
According to sources, the Kapoor companies invested around $10-11 million in Awfis but their shareholding got diluted as new investors came in.
 "YES Bank crisis: How Rana Kapoor's firm expanded aggressively through loans")
Don't increase your equity allocations
Better bargains may be available in the next few months
Yes Bank reports Rs 18,564.2-crore loss in Q3; NPAs saw a sharp rise
Gross NPAs gallop to Rs 40,709 crore in Dec 19
 "Yes Bank reports Rs 18,564.2-crore loss in Q3; NPAs saw a sharp rise")
Govt notifies YES Bank rescue scheme; moratorium to be lifted on March 18
Three-year lock-in period for investors
 "Govt notifies YES Bank rescue scheme; moratorium to be lifted on March 18")
Federal Bank to invest Rs 300 cr in Yes Bank at Rs 10 per equity share
SBI is investing Rs 7,250 crore in the ailing lender. LIC, HDFC, ICICI, Axis and Kotak Mahindra and other investors have also come forward to invest in it
Yes Bank crisis: Federal Bank to invest Rs 300 cr for 300 mn shares
The Union Cabinet on Friday approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank.
 "Yes Bank crisis: Federal Bank to invest Rs 300 cr for 300 mn shares")
Mumbai varsity deposits to be moved from YES Bank to PSBs: Maharashtra govt
Minister Uday Samant made the announcement after Shiv Sena MLC Maneesha Kayande raised the issue in the Legislative Council
Bandhan Bank to invest Rs 300 cr in Yes Bank as part of reconstruction plan
ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank too on Friday said they will join the SBI-led consortium and invest in Yes Bank
 "Bandhan Bank to invest Rs 300 cr in Yes Bank as part of reconstruction plan")
YES Bank crisis: RBI's Moratorium on lender to be lifted on March 18
RBI had on March 5 put a moratorium on Yes Bank restricting withdrawals to Rs 50,000 per depositor till April 3
YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon
The YES Bank reconstruction plan will include an equity investment of at least Rs 11,350 crore from various entities, including multiple private lenders.
 "YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon")
