Page 43 - Yes Bank

Cabinet approves reconstruction scheme for cash-strapped YES Bank

The moratorium imposed on the bank will be lifted within three days after the notification is issued

ICICI Bank to invest Rs 1,000 cr in Yes Bank; to hold stake in excess of 5%

"This investment is likely to result in ICICI Bank Ltd holding in excess of 5 per cent shareholding in Yes Bank," the lender said in a regulatory filing.

Market Wrap, March 13: Sensex ends 1,325 pts up, Nifty at 10,023

Indian equity markets ended an eventful and highly volatile session with significant gains on Friday after posting a record intra-day recovery

Top Headlines: Key Cabinet decisions, Coronavirus updates, and more

The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17

Cabinet Highlight: YES Bank moratorium to be lifted within 3 days, says FM

Cabinet has cleared a draft resolution scheme for cash-starved YES Bank. Last week, the Reserve Bank of India (RBI) had announced a draft scheme of reconstruction for the lender. Follow LIVE UPDATES

LIC to buy 1.35 billion shares of YES Bank at Rs 10 apiece: TV reports

State Bank of India (SBI) had on Thursday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity

Union Cabinet clears draft resolution scheme for YES Bank revival

The scheme was announced a day after the RBI imposed a month-long moratorium on YES bank

Market Ahead, March 13: All you need to know before the Opening Bell

The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan

YES Bank fiasco: RBI asks states not to withdraw funds from private banks

'We strongly believe that such a move can have banking and financial sector stability implications,' the letter stated

YES Bank bondholders say will withdraw court plea if RBI accepts offer

Overall, more than Rs 8,000 crore of investments are exposed to YES Bank's AT-1 bonds

SBI to invest Rs 7,250 cr in crisis-hit YES Bank as part of RBI rescue plan

Under the reconstruction scheme, SBI is to buy up to 49 per cent of YES Bank and cannot reduce its holding below 26 per cent for the next three years

Investors should stay away from firms in sectors impacted by coronavirus

For an investor through the systematic investment plan route, timing does not matter so much

The ABC of AT-1 bond crisis

Investors making a brouhaha about the proposed write-down of their AT-1 bond investment is nothing but an unethical attempt by these investors to subvert the regulatory process, writes Sudarshan Sen

Writing down bonds

Fund managers should not have ignored AT-1 bond risks

Letter to BS: RBI should review its licensing guidelines for banks

Directors should be chosen like the way regulators approve the choice of CEOs and statutory auditors under the joint purview of the Sebi and the RBI

SBI approves Rs 7,250 cr fund infusion into Yes Bank, to pick up 49% stake

SBI said its shareholding in Yes Bank will remain within 49 per cent of the paid up capital of the private lender and following the fund infusion, it will pick up 725 crore shares

Bandhan Bank to replace Yes Bank in Nifty50 index from March 27

The replacement has been done on account of non-availability of future and options contracts in Yes Bank shares, NSE Indices said in a statement.

Yes Bank crisis: RBI asks state govts not to move deposits from pvt banks

Himachal Pradesh Chief Minister Jai Ram Thakur informed the Assembly that more than Rs 1,900 crore belonging to the state government and people in the state are stuck in Yes Bank

Moratorium on YES Bank could impact most corporates briefly: India-Ratings

Corporate groups with a large dependency on the bank could face a longer period of disruption.

Rana Kapoor's wife Bindu was director in 42 firms, some named in CBI FIR

Former Yes Bank founder, Rana Kapoor's wife, Bindu was a director in the main investment and holding companies associated with Rana Kapoor, including Morgan Credits, YES Capital