Broker's call: YES Bank (Buy)
BofA-Merrill LynchYES Bank (Buy)CMP: 359.35Target: 500YES Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking,...05-10-2017
Broker's call: YES Bank (Buy)
BofA-Merrill LynchYES Bank (Buy)CMP: 359.35Target: 500YES Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking,...Stringent global quality norms denting India's fruit exports: Study
After growing a phenomenal 40 per cent for FY 2016-17, India's fruits exports are facing challenges to continue their growth momentum in coming years.A study titled "Indian agri exports: Study on difficulties faced by the exporters in the supply chain of agriculture products" conducted by Yes Bank with approval from the Agricultural and Processed Food Products Export Development Authority (Apeda), find that India's fresh fruits exports are suffering due to stringent quality norms in importing countries which mandate exporters' procurement of goods from the registered suppliers only.While the entry of large corporate in contract farming has helped mitigate some of the quality issues exporters were facing earlier, experts believe that India would have a long way to go to get a significant pie in global fruits trade. Apart from quality, transportation along with the pre- and post - harvest management to enhance the crops' shelf life remained challenging for Indian fruits...Closure of Trading Window
Yes Bank Ltd has informed BSE that the Trading window for dealing in securities of YES Bank Limited (the "Bank") will be closed for the Designated Employees, Directors, Promoters of the Bank and its subsidiaries and for Connected Persons including their Immediate Relatives from October 01, 2017 till the declaration of financial results of the Bank for the quarter ended September 30, 2017 and two days thereafter....YES Bank to raise up to Rs 4,000 cr through tier-II bonds
Private lender YES Bank plans to raise up to Rs 4,000 crore through tier-II bonds, for better capital adequacy and to support business growth.India Ratings has assigned an 'AA+' rating with a stable outlook for the proposed offer. The rating factors in the bank's ability to manage credit risk, a reasonably large and expanding franchise, sufficient levels of capitalisation after equity infusion and improved profitability buffers. The stable outlook reflects expectation that any deterioration in asset quality would be adequately absorbed by operating profits without impairing Tier-1 capitalisation (13.8 per cent ratio in June, said India Ratings.The bank is expected to maintain above-average core capitalisation on an ongoing basis, in line with higher rated private sector peers. The rating also factors in the bank's proportion of bulk funding being relatively higher than better rated peers. Although the former's concentration on the deposits side has been improving, depositor...Press Release / Media Release
Dear Sirs, PRESS RELEASE: YES BANK receives ratings from ICRA and India Ratings for Basel III Tier II Bonds for amount of INR 4,000 Crore Please find enclosed the 'Press Release' being issued on the captioned subject which is self explanatory. Kindly take above on record and oblige. The same is being hosted on the Bank's website www.yesbank.in in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015....