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Yes Bank Ltd News

YES Bank stock rallies 8% on Moody's rating upgrade to 'positive'

Moody's outlook revision was on expectation of a gradual improvement in YES Bank's depositor base and lending franchise, which will help improve its core profitability over the next 12-18 months.

YES Bank stock rallies 8% on Moody's rating upgrade to 'positive'
Updated On : 11 Jul 2024 | 10:00 AM IST

Investors from West Asia, Japan eying YES Bank's $5 bn stake sale: Report

The Middle Eastern lender is weighing a bid for as much as a 51% stake in Yes Bank, the people said, asking not to be identified as the deliberations are private

Investors from West Asia, Japan eying YES Bank's $5 bn stake sale: Report
Updated On : 10 Jul 2024 | 4:59 PM IST

Moody's revises outlook on Yes Bank from 'stable' to 'positive'

The rating agency also affirmed Yes Bank's "Ba3" long-term (LT) foreign currency (FC) and local currency (LC) bank deposit ratings

Moody's revises outlook on Yes Bank from 'stable' to 'positive'
Updated On : 11 Jul 2024 | 12:28 AM IST

YES Bank denies report on 51% stake sale, calls it 'factually incorrect'

The bank called the news report "factually incorrect and purely speculative" in nature

YES Bank denies report on 51% stake sale, calls it 'factually incorrect'
Updated On : 09 Jul 2024 | 12:09 PM IST
Updated On : 05 Jul 2024 | 7:13 PM IST

Buzzing stocks, July 3:YES Bank, ZEE, DMart, IEX, Hindustan Zinc, KEC Int'l

Buzzing stocks to watch today, July 3: Avenue Supermarts, the DMart chain of stores' operator reported a provisional standalone revenue of Rs 13,712 crore for the June quarter, up 18 per cent Y-o-Y

Buzzing stocks, July 3:YES Bank, ZEE, DMart, IEX, Hindustan Zinc, KEC Int'l
Updated On : 03 Jul 2024 | 8:20 AM IST

YES Bank slides 3% on GST penalty; brokerage maintains 'Sell' rating

Shares of YES Bank dipped 3.44 per cent at Rs 24.55 a per share on the BSE in Thursday's intraday trade. This came after Yes Bank revealed on Thursday that it has received a service tax demand order

YES Bank slides 3% on GST penalty; brokerage maintains 'Sell' rating
Updated On : 03 May 2024 | 12:57 PM IST

Want to bring down retail loan growth: YES Bank MD & CEO Prashant Kumar

Kumar says the core capital of the bank is set to improve after investors - Carlyle group and Advent International - convert the warrants into equity

Want to bring down retail loan growth: YES Bank MD & CEO Prashant Kumar
Updated On : 05 May 2024 | 7:41 PM IST

Trading action on May 03: New highs, block deal, open offer, Q4 nos & more

All you need to know before Sensex, Nifty opens for trade on Friday, May 03: Positive global cues, Gift Nifty hint at gap-up open; Bajaj Finance, CoForge, Yes Bank in focus.

Trading action on May 03: New highs, block deal, open offer, Q4 nos & more
Updated On : 03 May 2024 | 7:15 AM IST

YES Bank receives service tax demand order of over Rs 6.42 crore penalty

Yes Bank on Thursday said it has received a service tax demand order, which levied a penalty of over Rs 6.42 crore. "The Bank has received an order from the Office of the Commissioner of GST & Central Excise, Maharashtra on May 02, 2024, confirming tax liability on a service tax issue along with interest and levy of a penalty of Rs 6,41,84,437," the lender said in a regulatory filing. It said the tax and interest demand is below the material threshold limit currently applicable to the bank. "The bank does not expect any material impact on financial, operation or other activities of the bank due to the said order," Yes Bank said. The bank will pursue an appeal against the order, it added.

YES Bank receives service tax demand order of over Rs 6.42 crore penalty
Updated On : 02 May 2024 | 11:05 PM IST

YES Bank receives GST demand orders levying penalty worth Rs 6.87 lakh

Yes Bank on Wednesday said it has received two GST demand orders, which levied a penalty of over Rs 6.87 lakh. The penalty levied by the Manipur and Punjab GST departments amounts to Rs 5.05 lakh and over Rs 1.81 lakh, respectively. "the bank has received two orders from the Goods and Services Tax (GST) Department, Manipur and Punjab...on April 30, 2024, raising demand for reversal of input tax credit (ITC) along with interest and levy of a penalty of Rs 5,05,940 and Rs 1,81,623, respectively," Yes Bank said in a regulatory filing. It said the tax and interest demand is below the material threshold limit currently applicable to the bank. "The bank does not expect any material impact on financial, operation or other activities of the bank due to the said orders," it said. The bank will pursue an appeal against these orders, it added.

YES Bank receives GST demand orders levying penalty worth Rs 6.87 lakh
Updated On : 01 May 2024 | 5:35 PM IST

YES Bank collaborates with ANQ to launch 2 co-branded credit cards Pi, Phi

YES Bank has partnered with Bengaluru-based financial services provider, ANQ, to unveil two co-branded credit cards -- Pi and Phi. The strategic partnership aims to bridge the gap between traditional banking and the fintech industry, offering innovative solutions to meet evolving consumer needs, a release said. The YES Bank-ANQ Pi credit card is a digital-only card that offers credit on UPI for domestic transactions, providing users with convenient and secure payment options. The credit card caters to both domestic and international purchases with its physical card format, offering users versatility in their spending options, the release said. YES Bank is a full-service commercial bank headquartered in Mumbai. ANQ is a digital banking platform that harnesses the power of decentralised Finance (DeFi) to deliver next-generation financial services.

YES Bank collaborates with ANQ to launch 2 co-branded credit cards Pi, Phi
Updated On : 30 Apr 2024 | 10:24 PM IST

YES Bank Q4 results: Net Profit up 123.2% at Rs 452 cr, NII at Rs 2,153 cr

Its gross non-performing asset ratio improved to 1.7 per cent at the end of March from 2 per cent at the end of December

YES Bank Q4 results: Net Profit up 123.2% at Rs 452 cr, NII at Rs 2,153 cr
Updated On : 27 Apr 2024 | 4:44 PM IST

Bank shares dazzle; ICICI m-cap hits Rs 8 trn; SBI, Indian Bk soar up to 5%

Bank Nifty hit a new all-time high on Monday led by a rally in ICICI Bank post inline Q4 results. Analysts upbeat on future prospects of the private sector bank.

Bank shares dazzle; ICICI m-cap hits Rs 8 trn; SBI, Indian Bk soar up to 5%
Updated On : 29 Apr 2024 | 2:18 PM IST

YES Bank shares zoom 9% as profit jumps 123%, asset quality improves

YES Bank's profit jumped over 123 per cent to Rs 452 crore in Q4FY24, as opposed to Rs 202.43 crore reported in Q4 FY23

YES Bank shares zoom 9% as profit jumps 123%, asset quality improves
Updated On : 29 Apr 2024 | 1:00 PM IST

YES Bank Q4FY24 results: Net Profit more than doubles to Rs 452 cr

YES Bank Q4FY24 results: Bank's non-interest income surge, offsetting NIM decline; witness slippages in unsecured book

YES Bank Q4FY24 results: Net Profit more than doubles to Rs 452 cr
Updated On : 27 Apr 2024 | 5:01 PM IST

Yes Bank founder Rana Kapoor gets bail, walks out of jail after 4 years

Yes Bank founder Rana Kapoor was released from a prison here on Friday evening, hours after being granted bail by a court in an alleged loan fraud case. Kapoor was first arrested in March 2020 in a money laundering case by the Enforcement Directorate. The ED and Central Bureau of Investigation (CBI) have registered a total of eight cases against him related to alleged frauds at Yes Bank. He was lodged at the Taloja jail in neighboring Navi Mumbai while the trials in these cases are yet to start. He had got bail in seven cases earlier. M G Deshpande, special judge for CBI cases, granted Kapoor bail earlier in the day while noting that the trial in the present case was pending, and his incarnation was no longer required. The detailed order was not available yet. The CBI had alleged that Kapoor, then managing director and chief executive officer of Yes Bank Limited (YBL), obtained "illegal gratification" (bribe) in the form of a property located at a prime location in Delhi at a ...

Yes Bank founder Rana Kapoor gets bail, walks out of jail after 4 years
Updated On : 19 Apr 2024 | 10:50 PM IST

Stocks to Watch today: TaMo, Axis Bank, RIL, Muthoot Microfin, auto shares

Stocks to watch on Tuesday, April 09, 2024: Tata Motors JLR sales rose 11% in Q4; Bain Capital to sell balance stake in Axis Bank; FADA warns of slower retail auto sales.

Stocks to Watch today: TaMo, Axis Bank, RIL, Muthoot Microfin, auto shares
Updated On : 09 Apr 2024 | 7:27 AM IST

YES Bank partners with Indian Olympic Association for Paris Olympics 2024

The bank also unveiled the 'YES Glory' savings account proposition, extending benefits to athletes and their immediate family members

YES Bank partners with Indian Olympic Association for Paris Olympics 2024
Updated On : 18 Mar 2024 | 8:24 PM IST

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks

As of 10 AM on Friday, Yes Bank, Voda Idea, IRFC, NHPC and Tata Steel were the top traded stocks among the Nifty 200 index. Here's a technical outlook on the select shares.

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks
Updated On : 15 Mar 2024 | 11:07 AM IST