Yes Bank: News
20 Jul 2024
BusinessYES Bank's Q1FY25 profit rises 46% to over ₹500 crore
YES Bank has announced a 46.4% year-on-year (YoY) rise in its standalone net profit, for the first quarter of the financial year 2025 (Q1FY25).
27 Jun 2024
Layoff NewsYes Bank lays off 500 employees amid restructuring drive
Yes Bank has started a restructuring process that involves laying off at least 500 employees, with the possibility of more layoffs in the upcoming weeks, as reported by the Economic Times.
27 Apr 2024
BusinessYes Bank's Q4 net profit jumps 123% to ₹451 crore
Yes Bank, a prominent private sector lender, has reported an impressive 123% increase in its net profit for the fourth quarter (January-March) of the fiscal year 2023-24.
22 Apr 2024
IndiaDubai's Emirates NBD considers acquiring controlling stake in Yes Bank
Dubai's leading bank, Emirates NBD, is reportedly considering a bid to acquire a controlling stake in Yes Bank, one of India's top private sector banks.
29 Mar 2024
IndiaMajor policy changes for Indian credit card issuers: Details here
As April approaches, significant policy changes are set to impact major credit card issuers in India, including SBI Card, ICICI Bank, and Axis Bank.
15 Mar 2024
PaytmYes Bank, Axis Bank initiate operations on Paytm's UPI platform
Yes Bank and Axis Bank have commenced operations on the Paytm app's Unified Payments Interface (UPI) platform, as of today (March 15).
12 Mar 2024
PaytmFour banks compete to acquire Paytm merchants: Check here
Axis Bank, Canara Bank, Yes Bank, and Kotak Mahindra Bank are the leading contenders to take over merchant accounts of Paytm Payments Bank Ltd (PPBL).
06 Feb 2024
HDFC BankWhy HDFC Bank is buying stakes in these six banks
The Reserve Bank of India (RBI) has given approval to HDFC Bank to acquire up to 9.5% stakes in six banks.
03 Jul 2023
Anil AmbaniED grills Anil Ambani over FEMA violation
Industrialist and Reliance ADA Group Chairman Anil Ambani on Monday reportedly appeared before the Enforcement Directorate (ED) in connection with a case of alleged violation of the Foreign Exchange Management Act (FEMA), 1999.
03 Aug 2022
Enforcement Directorate (ED)DHFL scam: ED attaches builders' properties worth Rs. 415 crore
The Enforcement Directorate (ED) on Wednesday attached assets worth Rs. 415 crore in India's biggest bank fraud case, the Dewan Housing Finance Limited (DFHL) and Yes Bank scam.
16 Feb 2022
MumbaiYes Bank founder Rana Kapoor gets bail in fraud case
A special court in Mumbai on Wednesday granted bail to Rana Kapoor, the founder and former chief executive officer (CEO) of Yes Bank.
28 Jul 2021
Reserve Bank Of India (RBI)Depositors to get Rs. 5L insurance if bank under moratorium
The Indian government on Wednesday cleared amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961, thus providing a big relief to the customers of failed or stressed banks.
26 Apr 2020
Central Bureau Of Investigation (CBI)After quarantine, Kapil and Dheeraj Wadhawan land in CBI custody
DHFL promoters Kapil and Dheeraj Wadhawan have been taken into custody by the Central Bureau of Investigation (CBI), Maharashtra Home Minister Anil Deshmukh said on Sunday.
24 Mar 2020
IndiaCoronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges
In the wake of increasing COVID-19 cases across the country, the government has waived charges on withdrawals from other bank ATMs and the penalty on failing to maintain minimum bank balance for a period of three months.
18 Mar 2020
Reserve Bank Of India (RBI)Yes Bank resumes full banking services as RBI lifts moratorium
The ailing private lender Yes Bank on Wednesday confirmed that its banking services are now fully operational.
16 Mar 2020
Anil AmbaniED summons Anil Ambani over Yes Bank money laundering probe
Reliance Group Chairperson Anil Ambani was on Monday summoned by the Enforcement Directorate in connection with its money laundering case against Yes Bank founder Rana Kapoor.
14 Mar 2020
Reserve Bank Of India (RBI)Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted
Crisis-hit Yes Bank got a lifeline after the Union Cabinet, chaired by Prime Minister Narendra Modi, notified a reconstruction plan backed by the State Bank of India (SBI).
10 Mar 2020
Rana KapoorYes Bank depositors can now use IMPS/NEFT to pay dues
The crisis-hit lender Yes Bank on Tuesday allowed customers to make certain transactions using instant money transfer services.
09 Mar 2020
Central Bureau Of Investigation (CBI)How RBI and government cast net to nab Rana Kapoor
Yes Bank is spiraling downwards and its founder Rana Kapoor is in the custody of Enforcement Directorate. The Central Bureau of Investigation is also probing him over corruption charges.
09 Mar 2020
Central Bureau Of Investigation (CBI)Yes Bank crisis: In six months, depositors withdrew Rs. 18,000cr
The Yes Bank crisis may have been exposed last week, but depositors of the once famed lender anticipated trouble months ago, prompting them to withdraw their money.
09 Mar 2020
MumbaiBooked for corruption, Yes Bank's founder Rana Kapoor breaks down
Rana Kapoor, the founder of crisis-hit Yes Bank, was on Sunday booked by the Central Bureau of Investigation (CBI) for alleged criminal conspiracy, cheating, and corruption.
08 Mar 2020
Enforcement Directorate (ED)Yes Bank founder Rana Kapoor arrested by ED under PMLA
The Enforcement Directorate (ED) arrested the founder of crisis-hit Yes Bank, Rana Kapoor, in the wee hours of Sunday.
07 Mar 2020
Reserve Bank Of India (RBI)SBI working on Yes Bank's reconstruction scheme, says bank chief
State Bank of India Chairperson Rajnish Kumar on Saturday said that the bank has received the draft scheme for the reconstruction of the crisis-hit Yes Bank.
07 Mar 2020
Reserve Bank Of India (RBI)Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate
The Enforcement Directorate on Friday raided the home of Yes Bank founder Rana Kapoor in Mumbai.
06 Mar 2020
Reserve Bank Of India (RBI)Explained: The rise and fall of Yes Bank
Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.
06 Mar 2020
Reserve Bank Of India (RBI)Amid Yes Bank crisis, Sitharaman assures depositors' money safe
Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.
06 Mar 2020
Reserve Bank Of India (RBI)Yes Bank crisis: Things to know if you're a customer
In a drastic move, the Reserve Bank of India (RBI) took over the board of private lender Yes Bank on Thursday night, while also putting a cap of Rs. 50,000 on withdrawals.
05 Mar 2020
IndiaTroubled Yes Bank under moratorium; withdrawals limited to Rs. 50,000
The Central government has imposed an order of moratorium on troubled private lender, Yes Bank, on Thursday as per the recommendation of the Reserve Bank of India (RBI).
02 May 2019
IndiaFinancial Bytes: Five credit cards that rich people use
Credit cards have become an essential part of our lives because of the convenience they offer. There are various types of credit cards that cater to different needs.
28 Feb 2019
State Bank of India (SBI)IIM-Rohtak sees 100% placements; average package Rs. 11.85 lakh p.a.
According to a press release by IIM-Rohtak, the institute has clocked a 100% placement record this year, with the average package being Rs. 11.85 lakh per annum.
26 Jan 2019
India#FinancialBytes: 5 credit cards in India that rich people use
Credit cards have become an essential part of our lives because of the convenience they offer. There are various types of credit cards that cater to different needs.
21 Nov 2018
Bharti AirtelSensex falls over 200 points on weak global cues
The BSE benchmark Sensex fell over 200 points in early trade today following weak global cues amid fresh foreign fund outflows.
16 Nov 2018
State Bank of India (SBI)After Ashok Chawla resigns, Yes Bank shares fall 7%
Extending its loss for the second consecutive day, shares of Yes Bank dropped 7% today on bourses after its non-executive chairman, Ashok Chawla, stepped down with immediate effect.
15 Nov 2018
AsiaSensex rises 115.89 points on fresh fund inflow, strong rupee
The 30-share BSE benchmark Sensex rose 115.89 points, or 0.33%, to 35,257.88 and the NSE Nifty regained 10,600-mark today backed by gains in auto, pharma, energy, and financial stocks, amid fresh foreign fund inflows and easing global crude prices.
04 Oct 2018
SensexSensex plummets over 800-points on sinking rupee, weak global cues
The BSE benchmark Sensex plummeted over 800-points in the afternoon session today as rupee sank to another low amid boiling crude prices, weak global cues.
31 Jul 2018
HyderabadDemonetization: Hyderabad firm that deposited Rs. 3,000cr missing from registered-address
A Hyderabad-based company that suspiciously deposited and withdrew Rs. 3,178cr during demonetization is nowhere to be found at its registered address, TOI reports.
17 Jun 2018
IndiaAfter 10.5% pay-cut, HDFC Bank CEO earns Rs. 2.64L daily
India's highest-paid banker, Aditya Puri, HDFC Bank CEO, has taken a pay cut of 10.5% for FY18. Despite the reduction, he will earn a whopping Rs. 2.64L per day, or Rs. 9.6cr annually!
02 Jun 2018
IndiaMaharashtra Government unveils 'sandbox' to aid start-ups in fintech space
In its efforts to develop India's financial capital into a fintech hub, the Maharashtra Government has announced a "sandbox" to aid start-ups in the fintech space.
18 May 2018
IndiaCase studies published by the IIM Calcutta win international awards
Two case studies published by the IIM Calcutta Case Research Centre have won awards in the 2017 edition of the European Foundation of Management Development case competition.
16 May 2018
Raksha BandhanNearly 1.70 lakh registrations for the 60-day long Amarnath yatra
Over 1.70 lakh pilgrims have registered for the 60-day long pilgrimage to the cave shrine of Amarnath in south Kashmir Himalayas, set to begin from Jammu on June 28.
07 May 2018
Bharti AirtelSensex surges over 146 points in opening trade
Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee.
24 Apr 2018
Reliance IndustriesSensex gains 166 points, Nifty tops 10,600-level
Benchmark indices managed to close higher for the second session today, led by gains in refinery, capital goods, healthcare, auto, and banking stocks amid firming trend in global markets.
20 Apr 2018
LondonRBI approves overseas offices for Yes Bank in London, Singapore
Mid-size private sector lender Yes Bank today said it has received approval from the Reserve Bank of India to have presence in London and Singapore to support the diaspora business and also international trade.
04 Apr 2018
Reserve Bank Of India (RBI)Ahead of RBI policy meet, Sensex rises nearly 100 points
The BSE Sensex rose nearly 100 points in opening trade on Wednesday ahead of Reserve Bank of India's monetary policy review that begins today.
02 Apr 2018
JapanSensex begins FY19 on firm note, rises over 100 points
Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.
20 Mar 2018
ICICI BankIIM Shillong completes 100% placement; top package at Rs. 26L
IIM Shillong has completed 100% placement for its Post Graduate Program in Management (PGPM) for 2017-18 batch.
06 Mar 2018
Reserve Bank Of India (RBI)RBI fines Axis Rs. 3cr, IOB Rs. 2cr for violations
The RBI has levied Rs. 3cr fine on Axis Bank and Rs. 2cr penalty on Indian Overseas Bank (IOB) for various violations.
11 Jan 2018
Aadhaar CardMore flaws in Aadhaar: Anyone can access your bank details
Reports about the lack of privacy and safety in Aadhaar only keep getting worse.
05 Jan 2018
State Bank of India (SBI)SBI may cut down minimum account balance to Rs. 1,000
SBI is mulling slashing its minimum account balance (MAB) requirement. This comes days after the finance ministry reported SBI had earned Rs. 1,771cr from fines levied on non-maintenance of MAB during April-November'17.
30 May 2017
IndiaICAI to check if banks misreport bad loans
According to reports, Institute of Chartered Accountants of India (ICAI) has requested information pertaining to the bad-loan estimates provided by certain lenders and the central bank, from Reserve Bank of India.
26 Apr 2017
IndiaAwfis Space Solutions gets $20 million from Sequoia Capital
A very brief definition of Awfis can probably be that it is a start-up that provides work-spaces for start-ups.
22 Mar 2017
Delhi PoliceDelhi: Four Bhondsi jail-mates in Limca Book of Records
The Limca Book of Records now features four inmates of the Bhondsi jail for installing 'Phoenix' (a prison-management software) in 11 prisons of Haryana.
20 Mar 2017
IndiaThere has been no data leak says McDonald's India
In a statement issued by McDonald's India (South and West), the firm vehemently denied that there was any data leak.
28 Nov 2016
IndiaRBI raises cash reserve ratio to 100%
India's central bank, the Reserve Bank of India, directed the country's banks to maintain a cash reserve ratio of 100% to help absorb the excess deposits being collected in banks.
