This is part of its plan to retire high-cost instruments before close of the current financial
Yes Bank board on Friday approved a proposal to seek investors' nod for early redemption of bonds worth Rs 1,764 crore.
The private sector lender is planning to set up an asset reconstruction company to transfer its entire stressed pool of loans of Rs 50,000 crore so that its nonperforming assets become zero
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Advent is conducting due diligence and may form a consortium, the report said, citing sources
The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 per cent, lower at 57,491
Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.
However, the bank has lowered the guidance for credit growth in FY22 to 10% from an earlier estimate of 15%
Net interest income fell 31% to Rs 1,764 crore in Q3FY22
A Delhi court on Thursday dismissed the bail application of former MD and CEO of YES Bank, Rana Kapoor, in a money laundering case related to the wrongful loss of Rs 466.51 crore to the bank. Special Judge Sanjeev Aggarwal denied the relief to the Kapoor, noting that the allegations against him were most grave and serious in nature. Considering the overall facts and circumstances of the present case, since the allegations against the accused are most grave in nature, as a resultant no ground for his bail is made out at this stage. Consequently, the bail application of accused Rana Kapoor is dismissed, the court said. Kapoor moved the application after he was summoned by the court which took cognisance of a charge sheet filed by the Enforcement Directorate (ED). He told the court that he was not arrested by the ED during the investigation and since the charge sheet has already been filed, no purpose will be served by sending him in custody in the case. Kapoor is currently lodged at
TCS likely to be in limelight ahead of Q3 results, share buyback plan; Airline shares may also be in focus amid slump in demand.
The tussle between the lender and Dish TV promoters began in February last year
Yes Bank's net advances grew by nearly 4 per cent to Rs 1,76,422 crore on a provisional basis as of December 31, 2021, the bank said on Tuesday.
A special CBI court here on Thursday granted bail to Rajiv Anand, a former business head of Yes Bank, in a cheating and corruption case involving the private sector lender DHFL.
Yes Bank co-founder Rana Kapoor misused his official position to acquire a valuable property at an 'inadequate consideration', a special court has said
Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive
Metro Brands seems set for a tepid debut given the poor response to its initial public offer
The fundraising will happen through various instruments, including equity and bonds
Supriya Lifescience IPO seems to be reasonably priced, read detailed analysis
The bank has, however, not specified how much money it intends to raise