YES Bank's stake sale stalled due to RBI's concerns over majority foreign bank ownership
Sep 12, 2024, at 08:36 pm
Mumbai/IBNS: The stake sale of Indian private sector bank YES Bank is currently stalled as the Reserve Bank of India (RBI) is hesitant about allowing majority foreign bank ownership, reports Moneycontrol, citing sources familiar with the matter.
SBI plans to sell stake worth Rs 2.2 billion in Yes Bank by end of March 2025: Report
Aug 14, 2024, at 02:42 am
Mumbai: India’s largest lender the State Bank of India (SBI) plans to finalise a deal by the end of March to sell its 24 percent stake in Yes Bank, valued at Rs 18,420 crore (around $2.2 billion), Reuters reported.
Yes Bank stake $5 billion sale: First Abu Dhabi Bank PJSC among potential buyers
Jul 11, 2024, at 04:31 am
Mumbai: First Abu Dhabi Bank PJSC is among the potential buyers for a stake valued at approximately $5 billion in India's Yes Bank Ltd, Bloomberg reported citing sources familiar with the situation.
RBI imposes Rs. 1 crore penalty on ICICI Bank, fines Yes Bank Rs. 91 lakhs for non-compliance
May 28, 2024, at 09:10 pm
Reserve Bank of India has fined private lenders Yes Bank and ICICI Bank over non-compliance.
HDFC Bank and Yes Bank file third-party application provider request for Paytm UPI business
Feb 24, 2024, at 08:00 am
Mumbai: One97 Communications, the operator of the Paytm brand, along with private sector banks HDFC Bank and Yes Bank jointly submitted an application to become a third-party application provider (TPAP) for the Unified Payments Interface (UPI) mobile payments platform under the National Payments Corporation of India (NPCI).
Yes Bank looks for buyers to sell its portfolio of distressed corporate and retail loans
Dec 13, 2023, at 04:16 am
Mumbai: Yes Bank is planning to sell another portfolio worth a little over Rs 4,200 crore, ET reported.
YES Bank and BriskPe partner to provide cross-border payment solutions to MSME sector
Sep 15, 2023, at 03:06 am
Mumbai: Cross-border payments FinTech company BriskPe and Yes Bank have partnered to introduce BriskPe A2A, a suite of solutions designed to empower exporters and importers.
Anil Ambani questioned by ED in FEMA violation case
Jul 04, 2023, at 01:30 am
Mumbai: Reliance ADA Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) in Mumbai on Monday, media reports said.
May 05, 2023, at 05:23 am
Mumbai/IBNS: Cashfree Payments and Yes Bank have come together to offer ‘Global Collections,’ an international collection service for exporters with an account in the bank.
Reliance General Insurance to accept Central Bank Digital Currency through YES Bank
Apr 27, 2023, at 05:19 am
Mumbai: Reliance General Insurance has tied up with YES Bank to facilitate the collection of premiums in the digital mode using the bank’s e₹ platform, the company said in a statement.
PayNearby partners with Rajeevika to onboard 10,000 women business correspondents in Rajasthan
Apr 18, 2023, at 11:38 pm
PayNearby, branchless banking and digital network company will onboard women Business Correspondents (BC-Sakhis) from Self Help Groups (SHG) in eight districts to offer banking services to various Gram Panchayats in Rajasthan.
YES Bank appoints Archana Shiroor as designate Chief Human Resources Officer (CHRO)
Apr 06, 2023, at 10:51 pm
Mumbai/IBNS: YES BankThursday appointed Archana Shiroor as its designate Chief Human Resources Officer (CHRO).
Rajan Pental appointed as Executive Director of Yes Bank
Feb 03, 2023, at 11:31 pm
New Delhi: Yes Bank announced that the Reserve Bank of India (RBI) has approved the appointment of Rajan Pental as an Executive Director of the Bank for a period of three years w.e.f. Feb 2, 2023.
Yes Bank Q3FY23 net profit drops 80% y-o-y to Rs 52 cr
Jan 22, 2023, at 07:11 am
New Delhi: Yes Bank on Saturday reported a net profit of Rs 52 crore for the quarter ended December 31, 2022, down by 80% year- on-year compared to Rs 266.43 crore in the corresponding quarter the previous year.
Yes Bank launches Yes Private Debit Card for ultra HNI Customers
Jan 16, 2023, at 06:46 pm
Yes Bank, in partnership with Mastercard, has announced the launch of Yes Private Debit Card for the Bank’s ultra-high net worth individual (UHNI) customers.
Yes Bank partners with Microsoft to transform mobile banking experience
Jan 03, 2023, at 11:06 pm
New Delhi: Yes Bank announced that it has partnered with Microsoft to bring forth a next generation mobile application (app) with a view to provide customers with a personalised banking experience.
YES SECURITIES elevates company veterans Amishi Kapadia and Anshul Arzare as Joint MD & CEO
Nov 16, 2022, at 02:10 am
Mumbai: YES SECURITIES (YSL) Tuesday announced the elevation of Amishi Kapadia, Executive Director and Head - Merchant Banking, Anshul Arzare, Executive Director and Chief Business Officer (Wealth Investment Group) as Joint MD & CEO of YSL, according to a press release.
Yes Bank hikes interest rates on NRE and FCNR Fixed Deposits
Sep 02, 2022, at 10:12 pm
New Delhi: Yes Bank has revised the interest rates on its Non-Resident External Account (NRE) Fixed Deposits by 50 to 75 basis points.
YES Bank and IBSFINtech tie up to provide enhanced digital services for corporate clients
Aug 11, 2022, at 01:25 am
YES Bank and TreasuryTech Solution provider IBSFINtech have partnered up to explore untapped opportunities emerging out of the digitization of corporate finance.
YES Bank in final stages of closing $1 billion fundraiser from Carlyle, Advent post ARC deal
Jul 18, 2022, at 11:50 pm
Mumbai: YES Bank is in the final stages of closing $1 billion equity fundraiser from private equity firms Carlyle and Advent International after it said it has selected an asset reconstruction company belonging to private equity firm JC Flowers as the base bidder for the sale of bad loans worth Rs 48,000 crore ($6.01 billion), media reports said.
YES BANK appoints Nipun Kaushal as Chief Marketing Officer (CMO)
Jun 23, 2022, at 10:17 pm
Mumbai: YES Bank Thursday announced the appointment of Nipun Kaushal as its Chief Marketing Officer (CMO).
Yes Bank announces appointment of Dheeraj Sanghi as Country Head – Branch Banking
Jun 21, 2022, at 11:48 pm
Mumbai: Yes Bank on Tuesday announced the appointment of Dheeraj Sanghi as the Country Head – Branch Banking.
YES Bank to form alternate board after successful recovery following reconstruction
Jun 08, 2022, at 11:15 pm
Mumbai: The Board of Directors of YES Bank, appointed under the Reconstruction Scheme March 2020, has recommended the formation of an alternate board of directors on the back of the private sector lender's turnaround and having achieved significant progress post the implementation of the scheme.
Yes Bank appoints Lavesh Sardana to head retail assets & debt Management biz
Jan 27, 2022, at 08:52 pm
Mumbai/UNI: Private sector lender Yes Bank announced on Thursday the appointment of Lavesh Sardana as Country Head for its Retail Assets and Debt Management operations.
Yes Bank net profit up 77 pc in Q3 at Rs 266 crore
Jan 23, 2022, at 12:36 am
New Delhi/UNI: Private lender Yes Bank on Saturday reported a 76.8 percent jump in its net profit at Rs 266.43 crore in the third quarter (Q3) of the current financial year as compared to Rs 150.71 crore in the corresponding period of FY21.
YES BANK launches credit cards on RuPay Platform
Dec 06, 2021, at 11:26 pm
New Delhi: YES BANK has partnered National Payments Corporation of India (NPCI) to offer Rupay branded credit cards to its customers on the indigenously developed payment platform, offering another convenient avenue to extend the purchasing capacity of its customers.
Delhi Police to summon corporate lobbyist Niira Radia in Yes Bank fraud case: Report
Oct 20, 2021, at 02:41 am
New Delhi/IBNS: The Delhi Police is likely to summon corporate lobbyist Niira Radia for questioning in connection with the alleged floating of a fake company used to siphon off a Rs 300 crore Yes Bank loan, according to media reports.
May 26, 2021, at 07:23 pm
Kolkata/UNI: YES BANK has announced the implementation of TransUnion’s seamless onboarding solution This solution will enable YES BANK to onboard its credit card customers seamlessly, efficiently and quickly.
Dec 17, 2020, at 12:25 am
New Delhi: Yes Bank on Wednesday announced its partnership with VISA as a payment processor to enhance payments efficiency for salaried and YES FIRST account holders.
HDFC Life, Yes Bank enter into Corporate Agency (CA) arrangement
Sep 22, 2020, at 09:07 pm
Mumbai/UNI: HDFC Life, one of India’s leading life insurers and YES BANK Limited entered into a Corporate Agency (CA) arrangement.