Yes Bank
Business  /  Published 09.07.20

Yes Bank to raise up to Rs 15,000 crore through FPO

Private sector lender Yes Bank on Thursday said it has filed a red herring prospectus to raise up to Rs 15,000 crore through issuance of fresh equity shares in its further public offering (FPO). The ...
By PTI in New Delhi

Business  /  Published 08.07.20

ICICI board clears plan to raise Rs 15,000 crore

Two more private sector banks have joined the funds chase as they are set to mobilise at least Rs 25,000 crore to boost capital at a time bad loans are projected to rise following the Covid-19 pandemi...
By Our Special Correspondent in Mumbai

Business  /  Published 10.06.20

Yes Bank promoter change

Yes Bank on Wednesday said it has applied to the bourses for re-classification of promoter shareholding after the reconstruction scheme for the lender in March this year. The need for re-classificatio...
By PTI in New Delhi

Business  /  Published 30.05.20

Madhu Kapur camp to shed promoter tag

Yes Bank on Saturday said there will be a reclassification of shareholding as the Madhu Kapur group has given its consent to be categorised as public stakeholders.“This is to inform that the bank ha...
By PTI in New Delhi

Business  /  Published 19.05.20

Delhi High Court query to Centre on PMC revival

The Delhi High Court has asked the Centre to state whether it intends to infuse funds in the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank, much like the infusion in Yes Bank.Justice Rajiv Sh...
By Our Special Correspondent in New Delhi

Business  /  Published 08.05.20

Kotak Bank resorts to salary cut

Kotak Mahindra Bank has announced a 10 per cent cut in CTC (cost-to-company) for its employees earning more than Rs 25 lakh annually.The private sector lender thus joins the list of various firms that...
By Our Special Correspondent in Mumbai

Maharashtra  /  Published 22.04.20

Take custody of Wadhwans: Maharashtra home minister to CBI

Maharashtra home minister Anil Deshmukh on Wednesday said the state government has requested the CBI to take the custody of DHFL promoters Wadhawans, who allegedly violated the lockdown norms and trav...
By PTI in Mumbai

Business  /  Published 09.04.20

HDFC Bank duo vetoed

The Reserve Bank of India (RBI) has once again exercised its authority in the appointment of directors in banks — with HDFC Bank being told to fall in line.The banking regulator has asked the privat...
By Our Special Correspondent in Mumbai

Business  /  Published 26.03.20

Yes Bank to raise extra Rs 5,000 crore

The reconstituted board of Yes Bank on Thursday decided to raise an additional amount of Rs 5,000 crore. Yes Bank had earlier received an approval to raise Rs 10,000 crore. In a separate communication...
By Our Special Correspondent in Mumbai

India  /  Published 19.03.20

Yes Bank remits Puri temple’s Rs 397 crore

Yes Bank on Thursday remitted Rs 397 crore to the Shree Jagannath Temple’s SBI account, Puri.It made it clear that the rest of the money deposited with the bank will be remitted on March 30. In a le...
By Subhashish Mohanty in Bhubaneswar


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