Page 36 - Yes Bank
YES Bank zooms on reports SBI may pick stake; SBI recoups early losses
YES Bank has been struggling to raise capital for months. It also had to postpone its December 2019 quarter results as the fundraising process consumed most of its top management's time.
 "YES Bank zooms on reports SBI may pick stake; SBI recoups early losses")
Fast growth to quick fall: The story of Yes Bank's changing fortunes
Yes Bank has been put under moratorium and may have to take a government-planned bailout.
 "Fast growth to quick fall: The story of Yes Bank's changing fortunes")
One rupee: The value that foreign brokerages attach to the YES Bank stock
Macquarie Capital Securities also said if State Bank of India (SBI) decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired
 "One rupee: The value that foreign brokerages attach to the YES Bank stock")
Black Friday, again: Here are three key reasons why market crashed today
Banking stocks took a beating on Friday following developments around YES Bank. The private lender's board was superseded by the Reserve Bank of India (RBI)
 "Black Friday, again: Here are three key reasons why market crashed today")
YES Bank fallout: RBI move casts shadow on Rs 1-trillion AT-1 bond market
Forcing bondholders to take 100 per cent haircut on the bank's AT-1 bonds would lead to losses to the tune of Rs 10,800 crore, estimates Acuite Ratings
 "YES Bank fallout: RBI move casts shadow on Rs 1-trillion AT-1 bond market")
Retail investors bought YES Bank shares as institutions exited en masse
Soon after the RBI announced the moratorium, global bank JP Morgan pegged YES Bank shares at Rs 1 a share.
 "Retail investors bought YES Bank shares as institutions exited en masse")
YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders
RBI's draft reconstruction scheme for YES Bank suggested a permanent write-down of these bonds outstanding as of March 5.
 "YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders")
YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe
12 shell firms, 2 UK assets, 44 paintings under ED scanner; London-bound daughter stopped at Mumbai Airport; CBI books Kapoor and Wadhawan on charges of cheating
 "YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe")
With markets on a downtrend, it is time to take some contrarian bets
Looking at the recent developments, it is time to take some contrarian bets and increase allocation to equities according to your asset allocation plan.
 "With markets on a downtrend, it is time to take some contrarian bets")
End of a long rope
There's need for an insolvency framework for financial sector
 "End of a long rope")
YES Bank's Rs 10,800 crore bonds could soon turn into wastepaper
One relevant clause is that if minimum Tier-1 capital falls below 6%, there is scope for the write-off of AT-1 bonds as these bonds are supposed to provide an additional cushion to capital adequacy
Allow Puri Jagannath Temple to withdraw Rs 545 cr from YES Bank: Odisha FM
During the period of moratorium, the Yes Bank Ltd will not, without the permission in writing of the RBI, make payment to a depositor of a sum exceeding Rs 50,000 lying to his credit in any savings
 "Allow Puri Jagannath Temple to withdraw Rs 545 cr from YES Bank: Odisha FM")
Market Ahead, March 9: Top factors that could guide markets this week
Market participants will keenly watch the YES Bank developments especially after the Enforcement Directorate on Sunday arrested the bank's co-founder Rana Kapoor under money laundering charges
 "Market Ahead, March 9: Top factors that could guide markets this week")
Coronavirus, not developments at YES Bank, will determine market direction
The health scare would taper-off in India also in a matter of a few weeks/months, based on the quantum of spurt in the initial stages and also depending upon the possible role of temperature.
 "Coronavirus, not developments at YES Bank, will determine market direction")
YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress
Congress alleged the loans given by YES Bank rose 100 per cent in just two years after demonetisation from Rs 98,210 crore in March 2016 to Rs 2,03,534 crore in March 2018
 "YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress")
Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes
From the impact of coronavirus on Vivad se Vishwas to reforms in the pension market, here are the top 10 business headlines of the day
Best of BS Opinion: YES Bank fallout, Data Protection Bill, and more
Business Standard Opinion pieces for the day talk YES Bank's fallout, Data Protection Bill among other issues.
Indian banks well capitalised, no reason to worry: CEA Subramanian
He said that it is a wrong method to assess a lender's health based on the ratio of deposit to m-cap (market capitalisation)
 "Indian banks well capitalised, no reason to worry: CEA Subramanian")
YES Bank clients' Rs 1,500-crore SBI Cards IPO applications hang in balance
Regulators, bankers in a huddle to resolve issue
 "YES Bank clients' Rs 1,500-crore SBI Cards IPO applications hang in balance")
Rana Kapoor, hard-driving executive who rarely said no to giving loans
Weak compliance, poor governance and greed led to the bank's failure as it lent to borrowers who did not have the ability to repay
 "Rana Kapoor, hard-driving executive who rarely said no to giving loans")
