Group promoter entities that have appealed against the transfer of pledged shares in lenders' names
There were reports that private equity groups such as Carlyle and Advent International are looking at a significant investment in the bank
Kapoor and Thapar, however, will not walk out of jail as they are in judicial custody in connection with some other cases
Last month, the trial court had denied the relief of bail to Kapoor, noting that the allegations against him were most grave and serious in nature
Yes Bank has launched a programme for digital financing solutions in the food and agriculture sector under its start-up enabler initiative
Former Managing Director and CEO of YES Bank Rana Kapoor moved a bail petition to Delhi High Court in a Rs 466.51-crore money laundering case being probed by the Enforcement Directorate (ED).
Adani Wilmar, Coal India, Dish Tv, Eicher Motors, Grasim, Medplus Health, MTNL, Nagarjuna Fertilizers, PC Jeweller, Railtel, Rajesh Exports, Spandana Sphoorty and SpiceJet to announce results today.
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.