Kumar set aside an hour a day during the first two months to call depositors to reassure them personally about the bank's stability
The court directed the duo to deposit Rs one lakh each as surety and surrender their passports
Sunil Mehta said that the new board led by CEO Prashant Kumar was able to restore customer and depositor confidence after the RBI-imposed moratorium was lifted
YES Bank has overhauled its risk and governance frameworks to save itself from reputational risks and come out as a brand committed to integrity, its CEO & MD Prashant Kumar has said
Lender is yet to hear RBI on CEO's variable compensation
Technical analysts say the positive momentum in the market could sustain as long as the index stays above 11,100 levels
Kapoor is currently in a judicial custody after being arrested by the Enforcement Directorate (ED) in a related case
Those invested in YES Bank's Rs 15,000-crore follow-on public offering (FPO) had something to cheer last week
Adani Electricity Mumbai Ltd (AEML) has sold shares worth Rs 202 crore in Yes Bank
All that happened in the markets today
A total of 15 crore shares representing 1.19 per cent stake of the private lender were sold by Adani Electricity at an average price of Rs 13.45 apiece, bulk deal data on NSE showed
Indian banks will have a hard task when RBI's moratorium ends this month. Those that do not get capital will have to show their true health, writes Tamal Bandyopadhyay
Moody's has also upgraded the bank's long-term foreign and local currency bank deposit ratings to "B3" from "Caa1", and foreign currency senior unsecured MTN programme rating to (P)B3 from (P)Caa1
Successful equity raising showcases lender's regained access to external market funds, which is a result of its improving financial strength, the agency says
But bear in mind that the government will surely organise a bailout in such a scenario
Bank says will dispose properties in many other cases as well, but does not elaborate on borrowers against whom such action is underway
Move triggered by RInfra's failure to repay Rs 2,892 cr debt; Properties include firm's HQ in Mumbai's Santa Cruz East, two floors in Nagin Mahal, Churchgate
All that happened in the markets today
The expiry of derivative contracts of the July series tomorrow may keep today's session volatile
The bank's net profit for quarter under review stood at Rs 45.44 crore as against a net profit of Rs 113.76 crore in Q1FY20. It had booked a net loss of Rs 3,668.3 crore in Q4FY20