The financial and operating metrics remain intrinsically sound and stable, with liquidity position well in excess of regulatory requirements, the bank said in a statement.
The S&P BSE Sensex Index posted its third day of losses on Tuesday, ending a surge since the Sept 20 announcement of the tax cuts
After the recent share sales, the family's stake in the bank has shrunk to around 1 per cent, showed an analysis of exchange data
Dollar bonds of Yes Bank Ltd., which has sizable exposure to the cash-strapped shadow lenders, slumped a record 5.5 cents to 80.9 cents on the dollar on Wednesday
The lender says its financial and operating metrics are intrinsically sound and stable, with liquidity position well in excess of regulatory norms
According to the rating note, these NCDs are Zero Coupon Bonds set for maturity on April 19, 2021.
Kapoor has pledged shares of Yes Bank to RNAM, the asset manager of Reliance Mutual Fund, as collateral
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
According to a report, YES Bank had an exposure of Rs 3,700 crore to DHFL - which has also defaulted on its loans
Thus far in financial year 2019-20 (FY20), the share price of YES Bank has plunged 85 per cent, against a per cent fall in the Sensex.
In September 2017, YCPL headed by YES Bank Promoter Rana Kapoor had placed rated zero-coupon NCDs amounting to Rs 630 crore with Franklin Templeton
YES Capital, part of the promoter group of YES Bank, sold 1.8 per cent shareholding in the bank for around Rs 240 crore.
YES Capital sold 46.5 million shares at Rs 51.94 apiece
The stock has declined 9 per cent in the past two trading days and was trading at its lowest level since September 5, 2013, when it hit a low of Rs 49.50 in the intra-day deal.
The lender has got approval from its board to increase its authorised capital from Rs 800 crore to Rs 1,100 crore
Some lenders like Yes Bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank are yet to release their portion
At more than $200 billion, India's world-beating pile of bad loans is bigger than Italy's
The share sale aggravated the selling pressure on YES Bank, as a result of which its share price closed 15.5 per cent lower
CARE Ratings downgraded ratings of non-convertible debentures (NCDs) of Morgan Credits, one of the promoter entities of the private sector lender.
Shareholders say negative messages being circulated by short-sellers