Earlier this year, SMFG acquired a 20 per cent stake in YES Bank for approximately $1.6 billion
Reliance Infrastructure on Monday said its wholly-owned subsidiary JR Toll Road Private (JRTR) has paid the entire debt settlement amount of Rs 273 crore to Yes Bank Ltd (YBL). Reliance Infrastructure in a regulatory filing said the agreement has also resulted in full settlement/discharge of the company's obligation as a guarantor for the said loan on behalf of JRTR. YBL does not hold any shares in the Company and is neither a related party nor part of the promoter group, it added. " ...we hereby inform that JR Toll Road Private Limited (JRTR), a wholly owned subsidiary of the Company has entered into an addendum to the settlement agreement today with Yes Bank Limited (YBL) for the entire outstanding debt obligation of Rs 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount," Reliance Infrastructure said.
Yes Bank classified the ₹273-crore loan to JRTR as an NPA after prolonged losses, which impaired timely repayments
RBI extends Yes Bank CEO Prashant Kumar's tenure till April 2026 to allow new shareholder SMBC time to decide on leadership after completing the ownership transition
Shantanu Mitra to retire as MD & CEO of SMFG India Credit by June-end citing personal reasons as the NBFC's board initiates search for a successor amid leadership shift
Moody's Ratings on Friday upgraded Yes Bank's long-term foreign currency and local currency bank deposit ratings by a notch to Ba2, from Ba3, driven by a gradual improvement in the bank's credit profile. The global rating agency has upgraded its Baseline Credit Assessment (BCA) to ba3 from b1, Moody's said in a statement. The upgrade of Yes Bank's ratings and BCA is driven by a gradual improvement in the bank's credit profile including its capital and loan loss reserves, which will provide sufficient buffers against the bank's unseasoned asset risks and improving yet modest profitability and funding, it said. "Yes Bank's Ba2 deposit ratings are one notch above its Ba3 BCA based on our expectation of a moderate likelihood of support from the Government of India (Baa3 stable) in times of need," it said. The bank's gross non-performing loan (NPL) ratio declined to 1.6 per cent, as of March 2025, from 13.9 per cent in March 2022. Reported provision coverage as a proportion of NPL ...
Yes Bank said RBI has approved a six-month extension for MD & CEO Prashant Kumar starting 6 October, as the bank initiates a search for his successor
Carlyle affiliate trims Yes Bank stake to 4.22% via ₹1,774.89 crore block deals and loses board nomination right; senior resignations and strategic restructuring continue
YES Bank share price rose after the lender's board approved a fundraise of up to ₹16,000 crore through a mix of equity and debt.
Yes Bank's board approves fund-raising plan of ₹16,000 crore and AoA changes as part of its agreement with Sumitomo Mitsui
Till 09:26 AM; a combined 1,144 million equity shares representing 3.6% YES Bank and 183.31 million equity shares or 4.2% of total equity capital of Ola Electric changed hands on the NSE and BSE.
YES Bank shares jump 6 per cent ahead of the board meeting to discuss fundraising on June 3
The bank plans to grow its retail book by 10-12% in FY26, reduce the cost of deposits, and improve asset yields
Deutsche Bank and YES Bank fined ₹50 lakh and ₹29.6 lakh respectively for violating RBI directions on credit reporting and disclosure of customer complaints
SMBC on Friday said it had signed a definitive agreement to take a 20 per cent stake in Mumbai-based Yes Bank, a deal that marks the largest cross-border merger
Moody's says SMBC's investment in Yes Bank adds a strategic partner with strong funding and governance credentials, though affiliate support not yet factored in
Technically, the stock seems on course to test ₹25.50 levels, above which a dash to ₹27.30 levels cannot be ruled out, shows the medium-term YES Bank chart.
Yes Bank rose 2.35 per cent after SMBC's ₹13,482-crore stake deal but underperformed the Nifty Bank and Nifty 50 indices, which posted stronger gains
The lender's stock rose as much as 8.39 per cent during the day to ₹21.7 per share
SBI, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IDFC First Bank, Federal Bank, and Bandhan Bank have announced a combined sale of their 20% stake in Yes Bank to Japan's SMBC