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
: Public sector banks have lost nearly Rs 2.85 lakh crore on account of loan dues of 13 corporates even as the banks are used to bail out ailing financial institutions such as Yes Bank and IL&FS, United Forum of Bank Unions alleged on Monday. In press release, UFBU's Convener B Rambabu said the organisation calls for a two-day all India bank strike on December 16 and 17 protesting against Banking Laws (Amendment) Bill 2021 and opposing the centre's alleged move to privatise PSBs. According to the statistics given by the UFBU, the 13 corporates' outstanding dues were at Rs 4,86,800 crore and it was resolved at Rs 1,61,820 crore resulting in a loss of Rs 2,84,980 crore. "It is also a matter of reality that time and again public sector banks have been used to bail out ailing private sector banks such as Global Trust Bank, United Western Bank, Bank of Karad, etc. In the recent past, it was Yes Bank, which was bailed out by public sector SBI. Private sector's largest NBFC, IL&FS, ..
The Supreme Court's interim order that the police have no right to freeze voting rights has set an important precedent for the practice of applying criminal law in civil-contractual disputes
On November 29, Dish TV had postponed its AGM for a month after getting regulatory approval from the Registrar of Companies, Mumbai
Airtel is looking to buy 5.93% stake from Dish TV's promoter group and 25.63% stake owned by Yes Bank Ltd, a news report said
The SC will hear the petition on Tuesday even as Dish TV shareholders meeting has been postponed by a month which was scheduled on Tuesday
Bank wants voting rights to be restored before Dish TV AGM on Tuesday
Dish had received a notice issued by the Crime Branch, Gautam Budh Nagar, in respect of an investigation being conducted by them.
Dish TV has also claimed that it "is unaware of the details of the investigation" and appears from the notice that it relates to an FIR registered in the year 2020
Among sectoral indices, the BSE Realty index plunged 2.5 per cent. The Bankex, Healthcare and Telecom indices were down over a per cent each
Yes Bank's asset quality has deteriorated only modestly while its capital has remained stable
The rating action is because of substantial improvement in funding and liquidity position
YES Bank had sought to appoint its nominees in the Annual General Meeting of shareholders scheduled for September 27th which was postponed to November 30th