CRISIL has assigned 'A2' rating to the programme
Who recorded the private meeting of bankers with the finance minister and made it public? For what?
Stating that the investors will not regret coming on board a new Yes Bank, he pointed to the massive rise in the share price of the scrips
"Our customers will be able to enjoy all services available before the moratorium," said Prashant Kumar at a press conference in Mumbai
Several market observers said FPIs and other institutional investors have raised concerns regarding difficulty in liquidating their positions in cash and derivatives segment because of this scheme
SBI is investing Rs 7,250 crore in the ailing lender. LIC, HDFC, ICICI, Axis and Kotak Mahindra and other investors have also come forward to invest in it
Congress' chief spokesperson Randeep Surjewala and the party's leader in Lok Sabha Adhir Ranjan Chowdhury said it was important to understand the 'chronology' of the Modi government's 'new experiment
Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue
State Bank of India (SBI) had on Thursday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity
Under the reconstruction scheme, SBI is to buy up to 49 per cent of YES Bank and cannot reduce its holding below 26 per cent for the next three years
According to BSNL officials, the new payment facility developed by the company will enable its partners, especially prepaid sellers, to buy service immediately for sale
Fund managers should not have ignored AT-1 bond risks
SBI said its shareholding in Yes Bank will remain within 49 per cent of the paid up capital of the private lender and following the fund infusion, it will pick up 725 crore shares
State Bank of India's bonds see 130 basis points jump in yields since Friday
The revised rescue plan for YES Bank looks better but it remains to be seen if it will be adequate to repair the damage done to confidence in the bank
Overnight and one-month MCLRs have been reduced by 15 basis points to 7.45 per cent each. Three-month MCLR has been revised to 7.50 per cent from 7.65 per cent
Some aides of Kapoor, former board members may be asked to join probe
YES Bank administrator Prashant Kumar said that the moratorium imposed by the Reserve Bank of India could be lifted before the end of this week
From no level playing field for women at work to YES Bank rescue details, Business Standard brings you the top headlines of the day
Unless quick remedy is stitched up, there's looming threat of YES Bank being forced into SBI's books