YES Bank's stake sale stalled due to RBI's concerns over majority foreign bank ownership
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
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
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
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
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
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
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
Mumbai: Reliance ADA Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) in Mumbai on Monday, media reports said.
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
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
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)
Mumbai/IBNS: YES BankThursday appointed Archana Shiroor as its designate Chief Human Resources Officer (CHRO).
Rajan Pental appointed as Executive Director of Yes Bank
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
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
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.