Page 55 - Yes Bank
YES Bank pares fundraising target to Rs 10,000 cr; junks Erwin Braich offer
This is a remarkable scale down by the bank, which urgently needs capital, but has failed to get so
 "YES Bank pares fundraising target to Rs 10,000 cr; junks Erwin Braich offer")
YES Bank set to raise up to Rs 10,000 cr, won't proceed with Braich offer
The bank also said it would not proceed with a $1.2 billion offer from Canadian investor Erwin Singh Braich and SPGP Holdings announced earlier
 "YES Bank set to raise up to Rs 10,000 cr, won't proceed with Braich offer")
Top headlines: SC stay on Mistry order, YES Bank audit panel chief quits
From SC staying NCLAT order on Cyrus Mistry to dipping passenger vehicle sales, read all the top headlines here
 "Top headlines: SC stay on Mistry order, YES Bank audit panel chief quits")
YES Bank shares climb 5% on fund-raising plan; board to meet on Jan 10
YES Bank said it would discuss and consider raising of funds by issue of equity shares or depository receipts/ convertible bonds/debentures or any other equity-linked securities.
 "YES Bank shares climb 5% on fund-raising plan; board to meet on Jan 10")
YES Bank to hold board meeting on January 10, discuss fund raising
YES Bank said it would discuss and consider raising of funds by issue equity shares or depository receipts/ convertible bonds/debentures or any other equity-linked securities
Year in Review: Jet collapse to NBFC mess, biggest business news of 2019
With 2019 drawing to a close, Business Standard looks at the biggest news developments from the world of business that shaped the year
Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants
10 promoters entered the billionaire list in 2019; Anil Ambani, Subhash Chandra among big names who left the club
 "Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants")
Coffee Day expects YES Bank nod to Global Tech Park deal in 10 days
Subsidiary Sical Logistics is eyeing a pact with institutions soon to raise debt capital
 "Coffee Day expects YES Bank nod to Global Tech Park deal in 10 days")
Voda idea, BHEL, ZEE see sharp wealth erosion as investors lose Rs 5 trn
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals
 "Voda idea, BHEL, ZEE see sharp wealth erosion as investors lose Rs 5 trn")
Ashok Leyland inks two-year deal with YES Bank for vehicle financing
The companies have inked a memorandum of understanding (MoU) regarding the partnership
 "Ashok Leyland inks two-year deal with YES Bank for vehicle financing")
YES Bank, Shriram Transport shrug off rating downgrades, advance up to 7%
YES Bank climbed 10 per cent to Rs 53.50 from its early morning low of Rs 48.50 on the BSE.
 "YES Bank, Shriram Transport shrug off rating downgrades, advance up to 7%")
Ind-Ra downgrades YES Bank on inadequate equity infusion; places on RWN
In a similar move, ICRA has downgraded rating on YES Bank's tier-II bonds from "A+" to "A"
 "Ind-Ra downgrades YES Bank on inadequate equity infusion; places on RWN")
YES Bank declines on rating downgrade by India Ratings; rebounds later
The stock of the private sector lender slipped 3.7 per cent to Rs 45 after rating agency India Ratings and Research (Ind-Ra) downgraded its long-term issuer rating to 'IND A' from 'IND A+'
Financial sector needs to rebuild trust, says YES Bank CEO Ravneet Gill
Edited excerpts from a discussion at the Business Standard Banking Round Table held in Mumbai
 "Financial sector needs to rebuild trust, says YES Bank CEO Ravneet Gill")
Green shoots: State-run banks, NBFCs tilt towards renewable energy projects
The second of a three-part series on credit pick-up looks at renewable energy sector, which is facing issues like cancellation of projects and grid curtailment
 "Green shoots: State-run banks, NBFCs tilt towards renewable energy projects")
With YES Bank approval on cards, Coffee Day-Blackstone deal almost sealed
CDEL currently has a three-member board, including Siddhartha's wife Malavika Hegde and S V Ranganath, a retired bureaucrat who acts as the chairman now
 "With YES Bank approval on cards, Coffee Day-Blackstone deal almost sealed")
CG Power fraud: Thapar cites board approvals, denies fund misuse charges
CG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Thapar swindled Rs 3,000 crore from CG Power.
 "CG Power fraud: Thapar cites board approvals, denies fund misuse charges")
YES Bank share sale: Erwin Singh Braich, family offices may not be included
Bank plans to raise $1.75 billion; in talks with five European institutions: Ravneet Gill
Is YES Bank getting quality offers? Delay raises some serious questions
The Mumbai-based lender said its board failed to reach a final decision on potential investors at a meeting
Time running out fast for YES Bank as it scouts for a new investor
Yes Bank Ltd. shares tumbled the most in two months after its board deferred an announcement on new investors, prompting a warning about the risks to the Indian financial system