Also, the bank will seek shareholders' approval for amendments to the Employees Stock Option Scheme (YBL Employee Stock Option Scheme 2020).
His appointment raises questions because ex-PSB bankers have historically taken over as heads of financial institutions with weak asset quality and governance
Stocks to Watch Today: Sugar industry has requested the government that the additional 1 MT export order be given the mills, and not trader or exporters.
Yes bank's largest shareholder, SBI, has proposed Prashant Kumar's name for MD & CEO's position for a three-year term
As of now, only three bidders are actively engaged with the lenders for Reliance Capital RCAP resolution including Piramal, Yes Bank and IndusInd.
The lender will do the repurchase at 97% of the principal amount of the notes.
CBI has stumbled upon 2 payments of over Rs 68.8 cr and Rs 292 cr to arrested ABIL chairman Avinash Bhosale's companies made by Radius Developers, whose owner Sanjay Chhabaria was recently arrested
Avinash Bhosale was arrested on Thursday (May 26) by the central probe agency, which suspects illicit funds were routed through several real estate firms based in Maharashtra.
The CBI suspects that illicit funds were routed through several real estate companies based in Maharashtra, officials said.
Provisions fell significantly to Rs 271 crore in Q4FY22 compared to Rs 5,113 crore in the year-ago period.
Chhabria of Radius Developers will be produced before a special court on Friday, they said
As part of the alliance, FidyPay will be enabling a seamless connected banking experience to Yes Bank's customers, it said in a release
Second firm after Dish TV where Yes Bank and Essel group promoters at loggerheads
CLOSING BELL: Sectorally, all the indices ended in the green zone, led by the Nifty Realty and Auto indices, up 3.5 per cent and 3 per cent, respectively
Private sector lender Yes Bank has moved NCLT seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing
The company said that Yes Bank Ltd has allegedly claimed that the total amount in default with respect to a financial facility is Rs 468 crore
Kapoor has told the ED that he was "forced" to buy the M F Husain painting from Priyanka Gandhi
ED has alleged that Yes Bank co-founder Rana Kapoor and Dewan Housing Finance Limited promoters Kapil and Dheeraj Wadhawan siphoned off funds worth Rs 5,050 crore through suspicious transactions
The CBI has questioned YES Bank founder and its former CEO and MD, Rana Kapoor in connection with alleged diversion of over Rs 466 crore in the bank during 2017-19 by Avantha group promoter Gautam Thapar, officials said. Although Kapoor is not named as an accused in the CBI FIR pertaining to the case, he is co-accused with Thapar in another case related to alleged diversion of public money in YES Bank in exchange for a high-end property at an upscale neighbourhood of Delhi, they said. The case in which Kapoor was questioned from March 25-28 was registered on a complaint by Chief Vigilance Officer of the bank, Ashish Vinod Joshi on May 27, 2021. The case was filed against Thapar, directors of Oyster Buildwell Pvt Ltd (OBPL) -- Raghubir Kumar Sharma, Rajendra Kumar Mangal and Tapsi Mahajan --, unidentified executives of Avantha Realty Pvt Ltd and Jhabua Power Ltd. The CBI in its FIR has alleged that the accused indulged in criminal conspiracy, criminal breach of trust, cheating and ..
The ratings agency upgraded the outlook to 'positive' on account of stable growth in deposits and advances