Page 9 - Yes Bank

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks

As of 10 AM on Friday, Yes Bank, Voda Idea, IRFC, NHPC and Tata Steel were the top traded stocks among the Nifty 200 index. Here's a technical outlook on the select shares.

Stocks to Watch, March 15: BPCL, IOC, IIFL Finance, Paytm, YES Bank, Biocon

Stocks to Watch on Friday, March 15, 2024: The Centre has reduced prices of petrol and diesel by Rs 2 per litre, effective from March 15, 6 AM

Paytm parent One97 Communications plans partnership with 4 banks for UPI

UPI payments on the Paytm app will likely redirected to SBI, HDFC Bank, Axis Bank, and Yes Bank for settlement, if Paytm Payments Bank operations cease after March 15

Fino Payments Bank appoints two new independent directors on its board

The Mumbai-based Fino Payments Bank has appointed Anita Sudhir Pai and Neeta Mukerji as additional directors in the capacity of independent directors of the bank

YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

Yes Bank's return on assets - which is the ratio of how profitable a company is compared with its total assets - was at 0.2% for the October-December quarter

Goldman Sachs downgrades ratings on shares of SBI, ICICI, YES Bank

Key challenges include mounting pressure on the cost of funds, driven by structural funding issues, and escalating concerns regarding rising consumer leverage

Carlyle Group sells 1.3% stake in Yes Bank for Rs 1,057 cr via open market

Global investment firm The Carlyle Group on Thursday pared a 1.3 per cent stake in private sector lender Yes Bank for Rs 1,057 crore through an open market transaction. The US-based Group through its affiliate CA Basque Investments offloaded 39 crore shares of private sector lender Yes Bank on BSE. According to the bulk deal data available with BSE, CA Basque Investments sold 39 crore shares amounting to a 1.35 per cent stake in Yes Bank. The shares were disposed of at an average price of Rs 27.10 apiece, taking the deal value to Rs 1,056.90 crore. After the latest transaction, Carlyle Group's shareholding has declined to 5.08 per cent from a 6.43 per cent stake in Yes Bank (as of December 2023). Meanwhile, Morgan Stanley Asia Singapore Pte acquired more than 30.63 crore equity shares, representing a 1.06 per cent stake in Yes Bank. The shares were purchased at the same price, taking the deal size to Rs 830.08 crore. On Thursday, shares of Yes Bank rose 1.08 per cent to close at

YES Bank hits highest level since June 2020; stock zooms 28% in 2 days

Till 03:05 pm, a combined 1,524 million equity shares, representing 5 per cent of total equity of YES Bank, had changed hands on the NSE and BSE

RBI allows HDFC Bank group to buy up to 9.5% stake in ICICI Bank, 5 others

The group will also acquire stakes in Axis Bank, YES Bank Suryoday Small Finance Bank, IndusInd Bank, and Bandhan Bank

HDFC Bank Group gets RBI approval to acquire 9.5% stake each in six banks

RBI's approval is valid for one year from the date of RBI's letter, i.e., till February 4, 2025

Stocks to watch on Jan 29: HDFC Bank, SBI Cards, Adani Power, Coal India

Stocks to watch on January 29, 2024: Investor focus this week remains on the US Fed's rate outcome on Jan 31 and the interim budget back home on Feb 1

Zee: DIIs and unitholders' interests

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock

YES Bank Q3FY24 results: Net profit rises 349% to Rs 231.46 cr, NII up 2.3%

Reduced loan provisioning drives significant profit surge for lender

YES Bank's Q3 net rises to Rs 231 cr helped by drop in loan-loss provisions

India's Yes Bank said third-quarter net profit more than quadrupled, helped by a drop in loan-loss provisions and healthy growth in loans, but the result still fell short of expectations

SC denies bail to Yes Bank realtor Sanjay Chhabria in money laundering case

The Supreme Court on Thursday refused to entertain a plea by realtor Sanjay Chhabria against an order of the Bombay High Court which refused to grant him default bail in the Yes Bank money laundering case. A bench of Justices Bela M Trivedi and Pankaj Mithal said the offence is serious and the high court considered everything. The counsel appearing for Chhabria then withdrew the plea and the matter was dismissed as withdrawn. A single bench of Justice M S Karnik on October 9 had dismissed Chhabria's petition seeking default bail on the grounds that though the Enforcement Directorate (ED) submitted its prosecution complaint against him within the mandatory 60-day period, it had also sought permission from the special court to carry on further probe in the case. The ED's case was that while the probe against Chhabria was complete, the investigation regarding the case was still on. The high court had agreed with the agency and said the offence of money laundering involves multiple ..

Stocks to Watch today, Jan 3: Adani, PNB, YES Bank, MOIL, Shyam Metalics

Stocks to Watch on Wednesday, January 3, 2024: The Supreme Court is expected to announce its verdict in the Adani-Hindenburg case later on Wednesday

YES Bank hits 52-week high in dismal trade; stock soars 14% in 4 days

In the past two months, the stock has zoomed 48% and is currently trading at its highest level since December 2022

LIC receives Rs 806 crore tax notice for FY18 from Mumbai state tax office

In October 2023, LIC had filed an appeal with the Bombay High Court against the Income Tax Appellate Tribunal's decision to give the insurer relief in two tax disputes amounting to Rs 4,993 crore

1st trading day 2024: Stock-specific action on a day of wild swings

RailTel, YES Bank, Vodafone Idea, and BHEL rose 2-6%

Markets witness stock-specific action, benchmarks ended with wild swings

Railtel, YES Bank, Vodafone Idea, and BHEL rose 2-6 per cent