Page 23 - Yes Bank

YES Bank to take 2 more years to stabilise, says former SBI chief

In his book titled 'The Custodian of Trust', Rajnish Kumar said that SBI was reluctant to play the lender of last resort role for YES Bank but circumstances compelled it to rescue the private lender

Legal fight on anvil as Dish TV board rejects YES Bank's demand for EGM

YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel

RBI clears re-appointment of Amitabh Chaudhry as MD of Axis Bank

The Reserve Bank on Thursday approved re-appointment of Amitabh Chaudhry as managing director of private sector Axis Bank for a period of three years. The extended three-year term would be effective from January 1, 2022, Axis Bank said in a regulatory filing. "The Reserve Bank of India vide its letter dated October 14, 2021, has approved the re-appointment of Amitabh Chaudhry as the Managing Director & CEO of the bank, with effect from January 1, 2022 till December 31, 2024," it said. The board of the bank had in April approved the extension of his tenure for further period of three years subject to regulatory clearance.

Dish TV board cites rules, rejects YES Bank's demands to hold EGM

The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees

Dish TV board unanimously agrees not to call an EGM as proposed by Yes Bank

The board of Dish TV "unanimously agreed that EGM cannot be called, as sought by Yes Bank Ltd" to remove its Managing Director Jawahar Goel along with four other directors, besides others

Loan scam: CBI charge sheet against ex-Yes Bank MD Rana Kapoor, wife

The CBI has filed a charge sheet against former Yes Bank managing director and CEO Rana Kapoor, his wife Bindu and promoter of Avantha Group Company Gautam Thapar

Yes Bank posts 3.6% growth in advances at Rs 1,72,945 cr in Sep quarter

Yes Bank posts 3.6% growth in advances at Rs 1,72,945 cr in Sep quarter

DHFL corruption case: HC refuses bail to Yes Bank founder's wife, daughters

A single bench of Justice Bharati Dangre rejected the bail applications filed by Kapoor's wife Bindu and daughters Roshini and Radha

YES Bank gets tough on DISH TV promoters, calls EGM to replace firm's board

The lender owns 25% in DISH TV while its promoters, led by Jawahar Goel, own only 6%

YES Bank asks Dish TV to call EGM to reconstitute the company's board

Yes Bank, has asked the satellite television service provider to hold an EGM of shareholders and act on its recommendations to reconstitute the company's board

HC reserves orders on bail pleas of wife, daughters of Yes Bank founder

The Bombay High Court reserved the orders on bail applications of Yes Bank founder Rana Kapoor's wife Bindu Kapoor and daughters Radha and Roshini Kapoor in an alleged corruption case involving DHFL

Private lender YES Bank resumes credit card issuance with Visa tie-up

Its credit card issuance activity was hit in July after the Reserve Bank of India placed curbs on Mastercards

DHFL case: CBI court denies bail to Yes Bank's former business head

A special CBI court in Mumbai on Monday denied bail to Rajiv Anand, former business head of Yes Bank, in a cheating and corruption case involving private sector lender DHFL. The bank's co-founder Rana Kapoor is one of the accused and is in judicial custody in a related case being probed by the Enforcement Directorate. Anand's bail plea was rejected by special judge S U Wadgaonkar, who granted bail to two other accused, Dularesh Jain and Sunil Chaudhary. The court had, on Saturday, denied bail to Rana Kapoor's wife Bindu and daughters Radha and Roshini. As per the CBI, Yes Bank invested Rs 3,700 crore in debentures of DHFL, which, in return, allegedly paid kickbacks of Rs 600 crore to DoIT Urban Ventures, a firm controlled by Kapoor's wife and daughters.

DishTV seeks more time for AGM after Yes Bank notice regarding directors

Time sought to allow firm to comply with all applicable laws in respect of the notices and ensure it does not default on regulatory and lender covenants

YES-DHFL case: Rana Kapoor's wife, daughters remanded to judicial custody

A special CBI court in Mumbai on Saturday denied bail to the wife and two daughters of Yes Bank founder Rana Kapoor in a quid-pro-quo case

YES Bank, six others settle case with Sebi; pay Rs 1.65-crore

The six persons were either a member of the Reputational Risk Management Committee (RRMC) or part of the decision making process in relation to the disclosures made on February 13, 2019

Yes Bank surges 16% on heavy volumes, hits 6-week high

In the past three trading days, the stock price of Yes Bank has appreciated by 18 per cent after the rating agency ICRA affirmed private lender's various instrument with a stable outlook

Dish TV jumps another 10% as Hindustan Times buys notable stake

Hindustan Times purchased 20 million equity shares, representing 1.16 per cent of total equity Dish TV India for Rs 38.44 crore in a bulk deal on the NSE on 13 September.

Kurien, Chokhani quit Zee Entertainment board a day before AGM

This was after proxy advisory IIAS had raised serious corporate governance concerns in the company by asking shareholders not to vote for re-appointing the duo on the company's board

Dish TV hits 52-week high, up 30% in 3 days as YES Bank seeks to sack board

YES Bank sent a notice to the company to remove the top management, including the managing director Jawahar Lal Goel