Bigul

YES Bank December quarter results on March 14

YES Bank December quarter results on March 14Shares of YES Bank zoomed after administrator said he is hopeful of the moratorium being lifted by Saturday.
11-03-2020
Bigul

Yes Bank shares rally in second consecutive session, up 28%

Shares of Yes Bank continued to gain for the second consecutive session on Wednesday, rallying up to 28 per cent, as investor sentiment turned positi
11-03-2020
Bigul

Foreigners sell $9 billion worth of Asian equities so far in March

Indian equities, which are also hit by a turmoil at YES Bank, saw an outflow of $1.7 billion.
10-03-2020
Bigul

Yes Bank Crisis: Private lender allows customers to clear credit card dues, loans from other bank accounts

Yes Bank Crisis: This development comes a day after the Yes Bank's newly appointed administrator, Prashant Kumar reportedly said that the moratorium on withdrawals could be lifted by Saturday
10-03-2020
Bigul

Customers Can Now Use IMPS, NEFT To Pay Dues, Says Yes Bank

The development comes as the Reserve Bank of India (RBI) has imposed Yes Bank's board and capped withdrawals from its accounts with few exceptions. The RBI took control of Yes Bank last week.
10-03-2020
Bigul

Hopeful of Moratorium Being Lifted This Week: Yes Bank Administrator

In what may calm harried depositors of Yes Bank, its administrator Prashant Kumar on Monday said he is hopeful of the moratorium on the private sector lender being lifted by Saturday. Merging Yes...
09-03-2020

Yes Bank crisis | Withdrawal cap may be lifted as early as March 15, confirms Prashant Kumar

Kumar said the moratorium period may even end as early as March 15
09-03-2020
Bigul

Company does not hold any additional tier I bonds of Yes Bank: Shriram Transport

The filing further noted that the company had invested in Upper Tier II Bonds of Yes Bank Ltd of Rs 50 crores in the year 2010
09-03-2020
Bigul

YES Bank debt writedown to hit sector capital-raising

Government-owned State Bank of India, the country's biggest lender, said on Saturday it would invest funds to buy a 49% stake in YES Bank as part of the initial phase of a rescue deal.
09-03-2020

Bank's past conduct, role of key officials under scrutiny

Key concerns for regulators include governance issues, weak compliance and wrong asset classification.The government aims to ensure that a bailout of Yes Bank using taxpayers' funds is justified for the reasons of protecting depositor interest
08-03-2020
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