Page 7 - Yes Bank

Looking for good names as equity partners: YES Bank MD & CEO Prashant Kumar

'Whenever interest rates go up, there is an upside for the bank in the short run', said Kumar

Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks

Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at

Yes Bank loans rise by 14% by June-end; RBL Bank's up by 7%

Yes Bank on Tuesday said its loans and advances increased by 14 per cent to Rs 1,86,598 crore at the end of June 2022 from Rs 1,63,654 crore at end-June 2021. Gross retail disbursements during the quarter more than doubled to Rs 11,431 crore compared to Rs 5,006 crore by June 30, 2021, Yes Bank said in a regulatory filing. Deposits of the bank rose by 18.3 per cent to Rs 1,93,241 crore as of June 30, 2022, from Rs 1,63,295 crore at the end of June 2021. Deposits, however, were down by 2 per cent from Rs 197,192 crore as of March 31, 2022. With respect to deposits, daily average deposit balances in Q1FY23 have sequentially grown by 4.4 per cent on the back of sequential growth of 9.2 per cent in daily average CASA balances, Yes Bank said. Among other data points, bank's credit to deposit ratio stood at 96.6 per cent by the end of the first quarter of FY23. It was 100.2 per cent as of June 30, 2021. The private sector lender said the data provided are provisional and being released

Shareholders turn down Reliance Power's asset monetisation plan

A report by Institutional Investor Advisory Services (IiAS) last month says that the company has defaulted on loans to the tune of Rs 3,561 crore as on March 31, 2022

Our fiduciary duty is to protect value of securities: YES on Dish TV issue

The private sector lender has a 25.63 per cent stake in Dish TV

Top headlines: 28% tax on online gaming, Dish TV-YES Bank tussle, and more

Business Standard brings you the top headlines at this hour

Dish TV-YES Bank saga throws non-retiring director puzzle into sharp relief

Goel's ouster from Dish TV board will require another resolution

DHFL-Yes Bank case: ED takes Pune businessman Avinash Bhosle in custody

The Enforcement Directorate (ED) on Tuesday took Pune-based businessman Avinash Bhosale into custody from Arthur Road Jail in an alleged corruption case pertaining to Yes Bank and DHFL

Lenders extends timeline for Reliance Capital resolution by 2 months to Nov

According to the sources, the timelines for resolution process completion and resolution plan submission have been extended due to the cold response from the bidders

Yes Bank-Dish TV battle set to move to SC; Goel camp to appeal HC order

Bank's proposal to appoint directors not placed before shareholders yet

Dish TV EGM: Shareholders reject Jawahar Goel's reappointment as MD

Appointment of R C Venkateish as independent director also turned down; proxy advisory firm says company will have to appoint interim CEO

HC rejects Dish TV plea against YES voting rights, says no case made out

A bench led by Justice GS Patel and Justice MJ Jamdar said World Crest Advisors, Dish TV promoter group entity, had not made any case in its plea against YES Bank, and was dismissing the appeal

HC rejects Dish TV promoter's plea to restrain Yes Bank to vote in EGM

Promoter group entity World Crest Advisors LLP had earlier challenged the June 17 order passed by the single bench of the High Court to restrain Yes Bank from voting at the EGM of Dish TV

Sensex falls 710 pts, Nifty holds 15,400; Metal index drops 5%, RIL 3%

CLOSING BELL: In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 per cent.

Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%

Lender also raises interest rates on standard FDs, capping them at 6.5% for regular customers, 7.25% for seniors

Stocks to Watch: eMudhra, REC, Voda Idea, TVS Motor, HUL, Delhivery, YES Bk

Stocks to Watch Today: ICICI Bank and Axis Bank too will be in focus as global rating agency Moody's has upgraded the two private bank's baseline credit assessments (BCA) and deposit ratings to "baa3"

YES Bank's plan to sell Rs 12,000-cr bad loans to ARC faces delay

RBI wants the bank to avoid any conflict of interest with the ARC as YES Bank plans to hold a minority stake in the same ARC

Bombay HC turns down Dish TV plea in ownership row with YES Bank

YES Bank has over 440 million shares (or around 25 per cent) in the direct-to-home company and has been seeking a change in management for some time now

Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400

CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato

Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.