YES Bank to be included in BSE Sensex from Dec 18
Posted on 16th December 2017 |
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YES Bank will join the list of 30 most tracked stocks in the bellwether index S&P BSE Sensex from next week. YES Bank will be included in the S&P BSE Sensex comprising of 30 companies with effect from December 18, 2017, Yes Bank said in a regulatory filing. |
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Yes Bank to join S&P BSE Sensex from Monday
Posted on 16th December 2017 |
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New Delhi: Yes Bank Ltd will join the list of 30 most tracked stocks in the bellwether index S&P BSE Sensex from next week. Yes Bank will be included in the S&P BSE Sensex comprising of 30 companies with effect from 18 December 2017, Yes Bank said in a regulatory filing. |
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YES Bank raises $400 mn loans from Japan, Taiwan
Posted on 21st November 2017 |
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Private sector lender YES Bank has raised $400 million in syndicated loans from lenders in Taiwan and Japan for on-lending to clients. It exercised a greenshoe option to raise $250 million in a five-year commercial loan from 17 Taiwanese banks, a statement said. In Japan, it raised JPY 16.5 billion or $150 million from eight lenders in a one-year loan in a maiden transaction. |
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Nomura cheers for Maruti Suzuki shares on pact with Toyota to sell electric cars in India
Posted on 20th November 2017 |
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Global brokerage firm Nomura remains bullish on the shares of Maruti Suzuki, after India’s largest car-maker signed a pact to with Toyota Motor Corporation to roll out electric cars in India. On Friday, the Japanese car-maker entered into an in-principle agreement with Maruti Suzuki to consider a joint structure for the introduction of electric cars in India in 2020. The Indian car-manufacturer’s parent Suzuki said in a statement, “ Suzuki will manufacture electric cars for India and supply some units to Toyota,” adding that Toyota will also provide technical support. |
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Yes Bank, IndusInd Bank shares gain up to 2% on Sensex inclusion news
Posted on 20th November 2017 |
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Yes Bank and IndusInd Bank stocks opened higher on Monday and further extended the gains on news of inclusion in the 30-share benchmark index — Sensex. The private sector lenders Yes Bank and IndusInd Bank will enter in the BSE Sensex with effect from 18 December 2017. Following the inclusion of Yes Bank and IndusInd Bank, two pharma sector stocks, Cipla and Lupin, will be removed from the index. |
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Reliance General Insurance enters into bancassurance pact with YES Bank
Posted on 17th November 2017 |
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Reliance General Insurance Company Ltd on Friday said it has signed a comprehensive Bancassurance agreement with YES Bank to distribute its various products. In a statement issued here, Reliance General - a subsidiary of Reliance Capital Ltd - said the bancassurance agreement - corporate agency agreement - has been inked to distribute insurance products to the bank's customers. |
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Yes Bank signs MoU with government for financing Rs 1,000 crore
Posted on 3rd November 2017 |
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The funding will be provided to around 100 food processing projects with an average ticket size of Rs 10 crore each, the bank said in a statement. Private sector lender Yes Bank today signed an agreement with the government to provide Rs 1,000 crore financing for food processing projects. |
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YES Bank slumps after bad loans rise
Posted on 28th October 2017 |
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Shares of YES Bank slumped 7.4 per cent after investors took fright at revised bad loan figures which were four times higher than those previously reported by the Mumbai-based lender. Earlier this week, the Reserve Bank of India (RBI) had fined YES Bank, controlled by billionaire Rana Kapoor, for under-reporting its bad loans in audited results for the year to March 31. The bank also underestimated its soured loans in the preceding two fiscal years, according to previous filings. |
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YES Bank dips 10% on weak asset quality performance in Q2
Posted on 27th October 2017 |
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YES Bank dipped 10% to Rs 299 on the BSE in early morning trade after the private sector lender saw significant weakening of its asset quality in September 2017 quarter (Q2FY18). The bank’s gross non-performing assets (GNPA) ratio rose to 1.82% in Q2FY18 from 0.97% in June quarter (Q1FY18), while Net NPA rose to 1.04% from 0.39% in previous quarter. It saw a rise in NPAs by Rs 6,355 crore as the Reserve Bank of India (RBI) asked it to restate bad loan figures for FY17. |
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YES Bank Q2 net jumps 25% to Rs 1,003 cr; bad loans spike
Posted on 26th October 2017 |
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Private lender YES Bank saw a rise in net profit by 25.1 per cent to Rs 1,003 crore for the September quarter as against Rs 802 crore in year ago period. Gross bad loans as a percentage of total loans stood at 1.82% at end-Sept, compared with 0.97% a quarter earlier and 0.83% in the year-ago period. |
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