YES Bank

Credit card updates relate to reward point structures, fees, and payment conditions, impacting various customer categories

Prashant Kumar discussed the bank's deposit strategy, loan growth trajectory, the status of stake sale, and other key developments

The highest interest rate of 7.75% and 8.25% is for a tenure of 18 months

BFSI Summit: CEOs of prominent private banks say that interest rate hikes are not the key to attracting customers. Instead, the delivery of banking services and brand trust play more significant roles

The Nifty MidCap index has gained 3% from its recent low in the last three days. Amid this these 8 stocks have seen key momentum oscillators turn favourable on the daily chart.

JC Flowers seeks counter bids to sell Rs 1,290 cr of erstwhile Yes Bank loans

Private sector lenders Yes Bank and Axis Bank have subscribed to 30 per cent of the issue size as anchor investors. They are also the arrangers of the issue

YES Bank shares jumped 9.74 per cent at Rs 21.29 per share on the BSE

Right time to acquire Micro finance business

Yes Bank's loans grew 12.4 per centon year, while deposits rose 18.3 per cent

Dalal holds a master's degree in business administration (finance) from the K.J. Somaiya Institute of Management Studies & Research

The 14-day RSI of Voda Idea, Bank of India, Dabur, YES Bank and DMart stands below 30, indicating oversold condition on the daily chart. In case of a pullback, these stocks can bounce back up to 24%.

The reason why the RBI till the August policy had its feet on the brakes is its assessment of inflation risks

Mumbai-based lender's overall deposit growth better than other commercial banks

Yes Bank has reported 13.1% growth in loans & advances to Rs 236,512 crore as on 30 September 2024 as compared with Rs 209,106 crore as on 30 September 2023.

. Whether shopping on popular e-commerce sites or paying at physical stores, the card ensures consistent savings through its unlimited cashback feature.

Bidders' insistence on having a 51 per cent stake in Yes Bank may end up jeopardising the stake buy, an informed source said on Thursday. When asked on whether the deal will go through by the end of this fiscal, the source, who is not authorised to speak to the media, said the deal itself is in a quandary. As per the source, the talks on any deal "are not going anywhere" because of all the bidders' push on the 51 per cent stake. The source explained that the RBI is uncomfortable with a foreign entity owning a 51 per cent stake in a big entity like Yes Bank. There are reports of two bidders being in the fray including Japan's SMBC and Emirates NBD. The suitors are directly speaking with RBI, but the central bank is not amenable on giving the ownership control. At present, the regulations allow for a maximum of 26 per cent stake by an entity in a bank and in cases where it is higher, has set a fixed timeline for getting it down. As per the source, there has been no progress on the

Sources in the bank said the development does not have any bearing on the financial aspects of the bank. "It was a human resources department decision," a source said

Yes Bank, where Indian lenders collectively own a 34 per cent stake and the State Bank of India (SBI) is the largest shareholder with a 24 per cent interest, has been seeking a new promoter

Bali will join Yes Bank from Aug. 26 and report to executive director Rajan Pental, one of the sources said