Yes Bank in a press release earlier last week had said the RBI has not found any divergence in the asset classification and provisioning done by the lender during 2017-18.
Ravneet Singh Gill from Deutsche Bank India takes over as Yes Bank MD from March 1.
Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1.
The move was necessitated following the resignation of Ashok Chawla from the post last month. The bank, however, did not disclose the candidate’s name.
The Yes Bank board had sought at least a three-month extension for Kapoor from the RBI beyond January 31, 2019.
His present term ended on August 31. However, the RBI had allowed him to continue till further notice.
With reports of security breach at some ATMs forcing banks to block over 32 lakh debit cards, the Reserve Bank of India (RBI) intervened into the matter and asked banks to replace debit cards whose security is suspected to have been compromised.
Mumbai: Mid-sized private sector lender Yes Bank has said it would prefer raising money through an ADR issue under its USD 1-billion capital infusion plan next fiscal and stressed that the court order in a
New Delhi: Private sector lender Yes Bank today said it will foray into mutual fund business next fiscal through organic or inorganic route."There is a plan to enter into asset management business organically or inorganically...
Mumbai: Six leading banks of the country are hit by a Rs. 15,000 crore foreign remittance scam. This involves some importers having deposited fake bills of entries (of imports) in banks and remittance for the
Mumbai: The Reserve Bank on Thursday said FIIs can buy equity shares in private lender Yes Bank as shareholding by foreign investors has gone below the prescribed limit.The RBI has removed Yes Bank from its
Mumbai: Foreign investors will need the Reserve Bank's approval to buy equity in private sector lender Yes Bank as it has reached the limit allowed for overseas shareholding.RBI said foreign shareholding limit in Yes Bank
Mumbai: Private sector lender YES Bank on Wednesday posted a 18.8 percent jump in net profit at Rs 430.21 crore for the fourth quarter ended March 31, 2014.The bank had a net profit of Rs
Mumbai: Private sector lender Yes Bank today said it has raised a seven-year loan of USD 150 millionfrom World Bank group member IFC for onlending to small businesses. The bank has swapped the loan under
New Delhi: YES Bank, India's fourth largest private sector bank, on Tuesday signed a multi-year deal with the Hockey India League (HIL) commencing with the 2014 season.Announcing the deal, HIL chairman Narinder Batra said, “This
New Delhi, June 11: Yes Bank, whose two promoters are involved in an open battle for board control, on Monday, said an overwhelming majority of shareholders have approved the appointment of three new directors.The appointments
Mumbai, June 9: Private sector Yes Bank was forced to resort to paper ballots for appointment of three new directors on its board following dissent from one of the founding families.The annual general meeting (AGM)
Mumbai, Oct 31: Mid-size private sector lender IndusInd Bank today became the third bank in the country to raise interest rates on savings account deposits by up to 200 basis points.“The saving accounts balance up
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