Page 52 - Yes Bank

Macquarie says its Yes Bank assessment 'all wrong', downgrades stock

Macquarie flagged concerns on the fee income and retail franchise of Yes Bank after the bank reported its first-ever loss.

Yes Bank clean-up to continue as Gill shifts focus to governance practices

Gill said the new leadership is very serious about confirming to the highest standards of governance and also set new industry benchmarks

YES Bank posts first-ever quarterly loss of Rs 1,507 cr due to bad loans

For the full year, the bank's net profit more than halved to Rs 1,709.3 crore from Rs 4,233 crore in 2017-18

Yes Bank reports loss of Rs 1,506 cr in Q4 as provisioning rises

Interest income increased to Rs 7,856.54 crore as compared to Rs 5,742.98 crore earlier

YES Bank Q4 preview: NPAs, new management strategy key factors to watch

The bank's estimates for its non-performing assets will be closely watched by investors as the bank is expected to provide for the bad debt created under the beleaguered IL&FS account

RBI slaps Rs 1-cr fine on Yes Bank for non-compliance in Swift operations

Post the PNB fraud, which came to light in February 2018, the RBI has been tough on banks to tighten all kinds of transactions

Ravneet Gill takes charge as YES Bank MD & CEO, succeeds Rana Kapoor

Gill would like to put behind the strained relations with the banking sector regulator

Ravneet Gill takes charge as new Yes Bank head, succeeds Rana Kapoor

Yes Bank Friday said Ravneet Gill has taken charge as its MD and CEO with immediate effect for a tenure of three years. "Ravneet Gill has joined Yes Bank as MD & CEO today. His tenure as approved by RBI is 3 years from the date of his joining, i.e. March 1, 2019 to February 28, 2022," Yes Bank said in a regulatory filing. The appointment of Gill, will be subject to approval of shareholders' at the ensuing annual general meeting of the Bank to be held in June, 2019. Gill is not related to any of the directors of the Bank and he has affirmed that he is not debarred from holding office of director by virtue of any order of Securities and Exchange Board of India or any other such authority, the private sector lender said. Yes Bank further said that Ajai Kumar has ceased to be an Interim MD & CEO of the Bank with effect from the close of business hours of February 28, 2019. Kumar continues as a non-executive non independent director on the board of the Bank, it added. With this, ...

Moody's changes YES Bank's outlook to stable, stock gains over 2%

Moody's assessed that the downside risks to the bank's credit profile have diminished

YES Bank denies wrongdoing, says disclosure in line with guidelines

On February 14, the private lender had disclosed that the RAR had not found any divergence in asset classification and provisioning for 2017-18

Sebi may probe YES Bank for 'selective disclosure' leading to stock rise

The sharp spurt in prices on Thursday had added more than Rs 2,000 crore (notional gains) to promoters' wealth

YES Bank violated rules by revealing nil divergence report, says RBI

The central bank said it viewed the disclosure of only one part of the Risk Assessment Report (RAR) as a deliberate attempt to mislead the public

RBI's clean chit: YES Bank zooms 32%; biggest intra-day gain since listing

The stock rallied 30% to Rs 220 on the NSE, after the bank said the RBI has not found any divergence in the asset classification and provisioning done by the lender during 2017-18.

RBI finds no divergence in provisioning, asset classification: Yes Bank

The Reserve Bank of India assesses compliance by banks with extant prudential norms on income recognition, asset classification and provisioning as part of its supervisory processes

Yes Bank senior group president Pralay Mondal resigns, stock falls 4%

Mondal, who resigned on Thursday, will serve notice till close of business hours of March 31,2019

YES Bank falls 7% as senior group president Pralay Mondal resigns

The stock was down 7% to Rs 182 after YES Bank announced that Pralay Mondal has tendered his resignation as Senior Group President and Head - Retail & Business Banking of the bank on January 31, 2019

YES Bank senior group president Pralay Mondal resigns, reason undisclosed

On January 31, Rana Kapoor's reign as the Managing Director and Chief Executive of Yes Bank, which was co-founded by him

Essel promoters to make good shortfall in collateral for YES Bank loan

The group has pledged shares of Dish TV which are not adequate under RBI norms

Rana Kapoor, Madhu Kapur to appoint one director each on YES Bank's board

The RBI in October had refused to give incumbent CEO Rana Kapoor an extension to his term

YES Bank extends fall; stock down 11% in two days

The stock was down 5% to Rs 196 on Tuesday, falling 11% in past days from Friday's closing level of Rs 220 on the BSE.