Page 607 - Finance News

Customers can access all banking services from Wednesday evening: Yes Bank

The government on Saturday notified the reconstruction plan for cash-strapped Yes Bank and said the moratorium will be lifted by 18:00 hrs on March 18, much earlier than the earlier date of April 3.

Covid-19 panic: RBI Gov to hold presser at 4 pm as market mayhem continues

If Guc Das announces a rate cut, it will be first inter-meeting rate reduction since the monetary policy committee was instituted in February 2016

YES Bank to be dropped from Nifty 50, and other Nifty indices from March 19

In Nifty 100, Adani Transmission will replace Yes Bank, while in Nifty 500, Sterling and Wilson Solar will be added

With India-Iran trade at standstill, banks set to lose low cost deposits

For about last six months, India has stopped importing oil from Iran, and thus oil companies have stopped depositing money to the designated banks

Tamilnad Mercantile Bank to seek shareholders' approval for IPO again

TMB has 20,600 shareholders

IDFC First Bank plans to invest Rs 250 crore in crisis-hit YES Bank

The authorised capital of Yes Bank has been increased to Rs 6,200 crore, Finance Minister Nirmala Sitharaman said on Friday.

YES Bank looks to contain slippages to around Rs 8,500 crore in FY21

Its standard advances after subtracting net NPAs were about Rs 1.75 trillion at end-December

Fresh blows, disappointments to investors of crisis-hit YES Bank

Auditors cast doubts on bank's ability to remain a going concern, investors holding more than 100 shares barred from selling stock

YES Bank crisis: How Rana Kapoor's firm expanded aggressively through loans

According to sources, the Kapoor companies invested around $10-11 million in Awfis but their shareholding got diluted as new investors came in.

Yes Bank reports Rs 18,564.2-crore loss in Q3; NPAs saw a sharp rise

Gross NPAs gallop to Rs 40,709 crore in Dec 19

Govt notifies YES Bank rescue scheme; moratorium to be lifted on March 18

Three-year lock-in period for investors

Why microfinance crisis is still not over even 10 years after the clampdown

Andhra Pradesh's Ordinance to regulate MFIs has been a double-edged sword for the poor, with some digging deeper into debt, writes Namrata Acharya

Federal Bank to invest Rs 300 cr in Yes Bank at Rs 10 per equity share

SBI is investing Rs 7,250 crore in the ailing lender. LIC, HDFC, ICICI, Axis and Kotak Mahindra and other investors have also come forward to invest in it

Yes Bank crisis: Federal Bank to invest Rs 300 cr for 300 mn shares

The Union Cabinet on Friday approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank.

Bandhan Bank to invest Rs 300 cr in Yes Bank as part of reconstruction plan

ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank too on Friday said they will join the SBI-led consortium and invest in Yes Bank

YES Bank crisis: RBI's Moratorium on lender to be lifted on March 18

RBI had on March 5 put a moratorium on Yes Bank restricting withdrawals to Rs 50,000 per depositor till April 3

YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon

The YES Bank reconstruction plan will include an equity investment of at least Rs 11,350 crore from various entities, including multiple private lenders.

PNB set to revamp business and strategy of five regional rural banks

The consultancy or advisory firm will conduct assessment of core business opportunities and work towards a holistic operating model review.

YES Bank crisis: CBI files another case against Rana Kapoor, wife

'Conspired' with Avantha group and bought house at discounted price

YES Bank row: Maharashtra civic bodies asked not to keep money in pvt banks

Taking part in discussion on the Yes Bank issue, he said the government would take a review to know the quantum of civic bodies' funds stuck in that bank