Page 18 - Yes Bank

Stocks to watch: Infosys, RIL, ICICI Bank, YES Bank, Glenmark, Tata Motors

Stocks to watch today: Axis Bank, Tata Steel will report their June quarter 2022 results (Q1FY23) on Monday, July 25; Infosys delivered net profit for Q1 below street expectations at Rs 5,360 crore.

YES Bank Q1 profit rises 50.2% to Rs 311 cr on improved interest margins

YES Bank's net interest income rose by 32 per cent in Q1FY23 to Rs 1,850 crore from Rs 1,404 crore in Q1FY22

YES Bank Q1 profit rises 50% to Rs 311 cr on account of income growth

YES Bank on Saturday reported 50 per cent increase in net profit at Rs 311 crore for June quarter 2022-23 on fall in provisions for bad loans, and healthy income growth

YES Bank's deal with Carlyle, Advent on $1 bn stake investment gathers pace

Carlyle's top executives and Advent's leaders in a series of meetings with Yes Bank and SBI's senior management, and RBI officials this week decided the contours of the investment plan

R Gandhi, Gopalakrishnan cease to be directors on Yes Bank board: RBI

Former RBI Deputy Governor R Gandhi and professor Ananth Narayan Gopalakrishnan have ceased to be additional directors on the board of Yes Bank following a new board in place.

YES Bank plans to invest Rs 350 cr in JC Flowers, raise $1 bn in FY23

JC Flowers has been named as the base bidder for bad loans worth Rs 48,000 crore of YES Bank

Yes Bank plans to invest Rs 350 cr in JC Flowers; raise $1 bn core capital

The private sector lender is planning to raise up to $1 bn in FY23 to bolster its core capital base once the NPA challenge is over, says its MD & CEO Prashant Kumar

SBI has not decided on selling 26% stake in YES Bank, says report

SBI is allowed to reduce the stake in the YES Bank at the end of Financial Year 2022-23 (FY23) but it may not decide about that this financial year due to volatile market conditions

Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS

Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.

YES Bank, JC Flowers in pact for ARC in bid to seal largest ever NPA deal

This is being termed the single-largest bad loan deal

Top headlines: YES Bank portfolio sale, NIRF rankings, monkeypox and more

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YES Bank's stressed loan portfolio: Understanding what went wrong at lender

The bank, in August, 2021 invited applications for setting up an ARC, planning to hold a 20 per cent stake in it. On the RBI's objection, it agreed to hold a minority stake in the ARC

News on RBI nod for ARC stake speculative, lacks bonafide sources: YES Bank

YES Bank clarified that it had indeed started the process of seeking a partner for an asset reconstruction company through a public expression of interest, but added that the process is still underway

India Inc's missing whistle-blowers

Domestic corporate scandals of recent vintage, such as Global Trust, Satyam, IL&FS or YES Bank, to name a few, have all been the result of implosions rather than employee revelations

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

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