Madhu Kapur challenges YES bank AGM resolutions
Posted on 28th June 2014 |
.jpg) |
Madhu Kapur, the second-largest shareholder of YES Bank, filed an amended suit in the high court here on Friday, challenging the resolutions passed at YES Bank's annual general meeting (AGM) on June 14. Kapur has challenged the appointment of directors and the reappointment of Rana Kapoor as managing director and chief executive. |
|
|
YES Bank to hand over AGM recording to HC
Posted on 25th June 2014 |
.jpg) |
The high court on Tuesday directed YES Bank to give it a video recording of the bank's AGM held on June 14 by Wednesday morning. The order pertains to a plea filed by Madhu Kapur, wife of the bank's late co-promoter, Ashok Kapur. In the plea, Madhu Kapur claimed her right as co-promoter was violated, adding she wasn't consulted before the lender had appointed directors on its board. |
|
|
YES Bank told to hand over all documents to Madhu Kapur
Posted on 21st June 2014 |
.jpg) |
The Bombay High Court directed YES Bank on Friday to hand over all the documents pertaining to the bank’s communications with the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi) on challenging Madhu Kapur’s promoter status, to her counsel by the evening. On June 12, the bank had given the same direction but Kapur’s counsel said not all the letters were received. |
|
|
YES Bank shareholders pass all resolutions
Posted on 17th June 2014 |
.jpg) |
YES Bank’s shareholders have approved all the 12 resolutions that were put to vote on Saturday at the bank’s 10th annual general meeting (AGM). Apart from the financials, the resolution on re-appointment of Rana Kapoor as managing director and chief executive officer (MD & CEO) of YES Bank, along with the appointment of other directors was also put to vote. |
|
|
YES Bank shareholders 'approve' Rana Kapoor as MD & CEO
Posted on 16th June 2014 |
.jpg) |
YES Bank’s shareholders, at their annual general meeting on Saturday, approved the official resolution on re-appointment of Rana Kapoor as managing director and chief executive officer, along with other directors, sources told Business Standard. |
|
|
Madhu Kapur allowed to challenge YES Bank AGM resolutions
Posted on 13th June 2014 |
.jpg) |
The high court here on Thursday said Madhu Kapur, widow of YES Bank co-founder Ashok Kapur, would be allowed to challenge all the resolutions that might be approved at YES Bank’s annual general meeting (AGM) on Saturday. At the AGM, shareholders will vote on seven resolutions, including the appointment of directors, which had first led Kapur to challenge Rana Kapoor, the bank’s managing director and chief executive, in court. |
|
|
More services on anvil at non-home ATMs
Posted on 10th June 2014 |
.jpg) |
Soon, you may be able to deposit cash or order a cheque book through an automated teller machine (ATM) of a bank, of which you are not a customer. At present, one can withdraw money, check account balance and get a mini statement from non home-bank ATMs, but no other transaction is allowed. The National Payments Corporation of India, along with some private and public-sector banks, has embarked on a pilot project to test the feasibility if several services could be offered by non-home bank ATMs. Bankers have also sought the Reserve Bank of India’s (RBI) approval to roll out the same if the results of the pilot projects are positive. |
|
|
YES Bank eyes retail, SME bank
Posted on 7th June 2014 |
.jpg) |
MUMBAI: After raising $500 million (Rs 2,942 crore) through a qualified institutional placement (QIP), Rana Kapoor, MD & CEO, YES Bank, is keeping an eye on acquisition opportunities in the nature of a retail bank, with the right people at the right price. |
|
|
Madhu Kapur writes to YES Bank shareholders
Posted on 5th June 2014 |
.jpg) |
Madhu Kapur, widow of YES Bank co-founder Ashok Kapur, has appealed to the bank's shareholders to vote against most resolutions to be placed at the lender's annual general meeting on June 14. "It is important to first clarify that as the second-largest shareholder of the bank, I do not desire the functioning of the bank to be disrupted in any manner whatsoever. |
|
|
YES Bank gets $500 mn via QIP
Posted on 31st May 2014 |
.jpg) |
Private Sector lender YES Bank has raised $500 million via the qualified institutional placement (QIP) route. With this issue, the promoters have divested 12.9 per cent stake in the bank. Earlier the promoter shareholding in the bank stood at 25.55 per cent but after the QIP issue the stake has come down to 12.65 per cent. |
|
|
|
|
|
|
|
|
