YES Bank Drops 20% as Bad Loans Soars and Provisions Surge
On Thursday, shares of YES Bank fell limply nearly 20 per cent. This was hit over five years low as many brokerage firms slashed its...
Tag : YES Bank
PE Firm Backed Consortium Plans to Buy Stake, YES Bank Jumped 5%
Amid reports that a US-based PE firm is leading a four-member consortium to pick stake in the private lender, shares of YES Bank rallied 5...
Sterling And Wilson Solar Ltd To Go Public With SEBI consent
Sterling and Wilson Solar Ltd (SWSL) got approval from markets regulator Sebi to float its Rs 4,500-crore initial public offering. The capital markets regulator issued...
Yes Bank’s Freeloader Defaults On Rs. 1200 Crore Loan Payment
The deceleration in the non-bank lending industry continues to haunt real-estate companies. Mumbai-based Radius Developers has defaulted on scheduled interest payments on an Rs 1,200-crore...
Yes Bank Stake Falls To Double-Digit In Five Years
Yes Bank shares fell as much as 4.3% to Rs. 98.75 on BSE today, extending their bear run after credit agency Moody’s put the company...
UBS Cut Stock Target Which Plunged Yes Bank To 9%
In Thursday’s trade shares of YES Bank took a beating after foreign brokerage UBS cut its target on the stock to Rs 90 from Rs...
Yes Bank may exit asset management business
Yes Bank, which is at present redrawing its strategic roadmap under new chief executive Ravneet Gill, is likely to exit the asset management business as...
RBI Appoints R. Gandhi on Board of Yes Bank
On Tuesday, in a notice to the stock exchanges, the bank informed that the RBI has appointed Rama Subramaniam Gandhi as an additional director on...
Yes Bank Acquires 8 Crore Shares of CG Power
On Tuesday, the private sector lender Yes Bank said that it has acquired eight crore shares in CG Maker and Industrial Solutions, an electric equipment...
Yes Bank Stock Fall Was Its Biggest-Ever One-Day Decline
Shares of Yes Bank plunged 29 percent on Tuesday. Institutional investors lost nearly Rs 10,000 crore in value of their holdings, its first ever quarterly...