Page 65 - Yes Bank

YES Bank jumps 14% on appointment of Ravneet Gill as new MD & CEO

The stock moved higher by 19 per cent to Rs 235, bouncing back 24 per cent from intra-day low of Rs 189 on the BSE.

YES Bank up 5% on reports Deutsche Bank's Ravneet Gill in race for top post

The stock was up 5 per cent to Rs 205 on Tuesday, extending its Monday's 6 per cent rally on the BSE.

YES Bank appoints Brahm Dutt as non-executive part-time chairman on board

Dutt has been on the board of the bank since July 2013 as an independent director

YES Bank cracks nearly 6% ahead of board meeting outcome

The stock price has declined over 40 per cent since September 18, 2018. In comparison, the S&P BSE Sensex has dipped nearly 4 per cent during the same period.

YES Bank sells 2.13% stake in Fortis Healthcare, stock falls over 1%

According to a BSE filing, the bank said it sold the stake in various tranches

YES Bank sends Brahm Dutt's name to RBI for post of chairman: Report

Yes Bank has recommended the name of its board member Brahm Dutt for the post of Chairman to the RBI, according to sources. The Chairman post fell vacant after resignation of Ashok Chawla in November following issues related to probity. "The bank has sent the name of Dutt to the Reserve Bank for the Chairman post," a source said Tuesday. Since Dutt is already a part of the bank and understands various aspects of the system in a better way, it would be good to have him as the chairman, sources said. The bank's spokesperson could not be reached for comments. Dutt, a retired bureaucrat, is currently an independent director on the bank's board, which has eight members. The other board members are MD&CEO Rana Kapoor, Lt General Mukesh Sabharwal, Subhash Kalia, Ajai Kumar, Pratima Sheorey, Uttam Agarwal and TS Vijayan. Vijayan -- former LIC and Irdai chief -- was inducted into the board only recently along with Agarwal who is a chartered accountant with expertise in taxation, finance

YES Bank to submit list of CEO names to RBI after board meet on January 9

YES Bank said it had finalised its recommendation for the role of a non-executive part-time chairman in its meeting

YES Bank cracks 8% after board says yet to finalise new MD & CEO

The stock has taken a heavy beating since September when the RBI trimmed MD & CEO Rana Kapoor's tenure till January 31, 2019.

Yes Bank says on track to find CEO within RBI deadline

Yes bank added it has finalised its recommendation for the role of a non-executive part-time chairman, which has been vacant since Ashok Chawla resigned in November

YES Bank's asset management arm enters MF biz, gets Sebi nod for 2 schemes

The asset management company will launch two schemes -- YES Liquid Fund and YES Ultra Short Term Fund

YES Bank appoints former Irdai chief Vijayan independent director

Vijayan has been a key member of the search and selection committee set up to identify a suitable successor for the MD & CEO

YES Bank's tussle with RBI and the stormy aftermath: A timeline

The tiff with the Reserve Bank of India (RBI) has caused several top executives to exit Yes Bank's board, and prompted rating cuts

Morgan Credits, Yes Capital losses crossed Rs 600 million in FY18

Ability to service principal and interest on borrowings remains strong, say companies

YES Bank stock fall hits MFs, holding value in lender drops sharply

Fund houses held shares worth Rs 84 billion in the private sector lender at the end of September

RBI cut Kapoor's term at YES Bank on governance, compliance issues: Report

Sources close to the bank told news agencies that several of the concerns raised by the RBI have already been addressed

YES Bank continues recovery, surges 6%

The stock has dropped 15 per cent to Rs 160.45 (as of Thursday's close) from Rs 187.95 on Monday. Since September 17, shares have tumbled 50 per cent from Rs 318.60 apiece.

YES Bank recovers from 32-month low; ends flat

During the day, shares of the private sector lender continued to remain under pressure on the BSE in an otherwise firm market, after rating agencies downgraded the bank's rating.

YES Bank shares plunge 12%, lowest in 32 months, on ratings downgrade

Ratings agency Moody's on Tuesday downgraded the bank's instruments and changed its outlook on the bank from stable to negative

Yes Bank's promoter shareholders deny commercial dealings with the lender

Morgan Credits and Yes Capital are holding companies owned by Rana Kapoor's daughters

Will name new chairman, independent directors to RBI on Dec 13: Yes Bank

Yes Bank Wednesday said its board on December 13 will recommend names for new chairman to be approved by the RBI as well as consider appointment of independent directors. The private sector lender, which is grappling with governance as well as NPA issues, has seen resignations of three independent directors, including Chairman Ashok Chawla. In a regulatory filing, the bank said its Nomination & Renumeration Committee (N&RC) of the board and the board of directors are scheduled to meet on December 13. During the meetings, they would consider proposals for appointment of independent directors and also recommend name(s) of the new chairman for approval of the RBI, it added. Yes Bank also reiterated that it is on track to find a successor to MD and CEO Rana Kapoor and said the resignations of the three board members will have no impact on the succession plan. Chairman Ashok Chawla, Vasant Gujarathi and Rentala Chandrashekhar have quit the bank on various reasons including on ...