Mon, Mar 09, 2020
After 15 hours of questioning Rana Kapoor arrested by Ed. Cbi raids in Mumbai's 7 locations associated with Yes Bank Founder Rana Kapoor.
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Thu, Oct 03, 2019
After bleeding heavily on Monday, the Yes Bank share price skyrocketed more than 30 per cent on Wednesday. According to the stock market experts, promoters holding in the banking stock is less than 1 per cent, mortgaged Yes Bank shares at AMC is no more a tension now for the bank and in Q2FY20 of the Indiabulls Housing Finance, Yes Bank exposure has gone down by 30 per cent. These are some major reasons for the surge in Yes Bank share price, say experts.
Fri, Feb 15, 2019
Yes Bank confirms that, RBI’s report observes nil divergences in the bank’s asset classification and provisioning from the norms.
Thu, Feb 14, 2019
Yes Bank confirms that RBI’s report observes nil divergences in the bank’s asset classification and provisioning from the norms. To be very clear, Yes Bank’s has not reported divergence in FY18, however, the bank’s divergence remains in FY16 and FY17.
Yes Bank share price has rocketted and made many investors rich. Reason for such jump can be attributed to RBI finding no divergence in Yes Bank NPA and provision.
Fri, Feb 01, 2019
Though the RBI offered no official reasons for shortening his term, it has been attributed to the regulatory audit finding out that the bank under-reporting NPAs by a cumulative Rs 10,000 crore for two consecutive years.
Mon, Jan 28, 2019
While many showed optimism in Yes Bank ‘s new management, many also on the same page agreed that dealing with divergence will set the course for the bank.
Fri, Jan 25, 2019
Gill was the number 1 priority candidate in the submissions made by the Bank to RBI on January 10, 2019, current chief and co-founder Rana Kapoor revealed. He will take charge in Yes Bank from March 2019.
Rana Kapoor expressed his gratitude to Ravneet Gill for accepting the post of the Yes Bank CEO.
Yes Bank is set to be a money-making machine after the announcement of Ravneet Gill as new CEO in place of co-founder Rana Kapoor.
Thu, Jan 24, 2019
There is barely a week left for Kapoor's exit, but already a list of tasks has been prepared for new CEO as per many analysts.
During the announcement of Q3FY18, Kapoor spoke about the bank's performance and also laid out its long-term vision.
In a major development in the Indian banking sector, Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank. Gill will assume the charge at Yes Bank from March 1.
Yes Bank has appointed Ravneet Singh Gill as its new chief executive officer after the approval of Reserve Bank of India (RBI).
Thu, Jan 10, 2019
Lending major Yes Bank on Thursday submitted the names of the potential candidates for its Managing Director and Chief Executive post to replace Rana Kapoor to the Reserve Bank of India (RBI).
Wed, Jan 09, 2019
Yes Bank had already informed on December 13 that their search committee’s final recommendation will be submitted to the Reserve Bank of India in their next meeting held on January 09.
Mon, Jan 07, 2019
Yes Bank had already informed on December 13, that their search committee’s final recommendation will be submitted to the Reserve Bank of India in their next meeting held on January 09.
Sun, Dec 23, 2018
Shocking exits of this year
Thu, Dec 20, 2018
Yes Bank shares have risen by more than 10% on Sensex in just 20 days of December. Notably, the bank was at Rs 169-level by end of November 30, 2018.
Mon, Dec 17, 2018
After the shock marching orders for its chief Rana Kapoor from RBI, Yes Bank is waiting for some positive news from the central bank. Not just Yes Bank staffers, but even investors are sitting with bated breath to find out who will be the new Managing Director & CEO.
Fri, Dec 14, 2018
Yes Bank is on verge of announcing a new chief anytime soon. Just yesterday, Yes Bank said that it has identified the person and sent the name to the RBI for approval.
Thu, Dec 13, 2018
Yes Bank Thursday said it has finalised a candidate for the position of chairman and would be seeking approval from the Reserve Bank of India.
Now, simply put, there is some good news knocking on the doors of Yes Bank, something that investors have been rooting for since the time the bank’s man-in-command Rana Kapoor was given an exit deadline of January end, 2019.
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