Page 2 - Yes Bank

SBI may sell 24% stake in YES Bank by March 2025, says report; shares fall

According to a Reuters report, SBI is planning to sell its 24 per cent stake in YES Bank, worth Rs 18,420 crore ($2.2 billion) by the end of March 2025

SBI aims to sell its YES Bank stake worth $2.2 billion by March-end

YES Bank was restructured by the RBI in March 2020 with the help of a consortium of local banks after its financial health deteriorated

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty

Focus of Budget 2024 is not restricted to railways, defence and infra, but expands to manufacturing and employment to aid human capital growth, said Citigroup MD at 'Budget with BS: The Fine Print'

YES Bank surges 5% after Q1FY25 profit rises 47%, provisions fall 41%

The jump in the stock price came on the back of strong June quarter results (Q1FY25).

YES Bank Q1 result: Net profit rises 47% to Rs 502 cr as provisions fall

Its provisions declined by 41.2 per cent to Rs 212 crore in Q1 FY25, from Rs 360 crore in the year-ago period. Sequentially, provisions declined from Rs 471 crore in Q4 FY24

NSE tightens margin funding rules, excludes 1010 stocks including Paytm

The NSE has drastically reduced the list of stocks eligible for collateral in margin funding, removing 1,010 stocks, including Adani Power, Yes Bank, and Paytm, effective August 1

Maintaining regulatory balance

Besides depositors, investors in bank securities are important stakeholders, and their interests ought to be safeguarded

YES Bank stock rallies 8% on Moody's rating upgrade to 'positive'

Moody's outlook revision was on expectation of a gradual improvement in YES Bank's depositor base and lending franchise, which will help improve its core profitability over the next 12-18 months.

Stocks to watch, July 11: YES Bank, Glenmark Pharma, Nykaa, SBI, Tata Elxsi

Stocks to watch, July 11: Global rating agency Moody's has revised its outlook on Indian private sector lender Yes Bank from "stable" to "positive"

Investors from West Asia, Japan eying YES Bank's $5 bn stake sale: Report

The Middle Eastern lender is weighing a bid for as much as a 51% stake in Yes Bank, the people said, asking not to be identified as the deliberations are private

Moody's revises outlook on Yes Bank from 'stable' to 'positive'

The rating agency also affirmed Yes Bank's "Ba3" long-term (LT) foreign currency (FC) and local currency (LC) bank deposit ratings

YES Bank denies report on 51% stake sale, calls it 'factually incorrect'

The bank called the news report "factually incorrect and purely speculative" in nature

RBI imposes penalty on YES Bank for not exchanging mutilated notes

RBI imposed a monetary penalty of Rs 10,000

Buzzing stocks, July 3:YES Bank, ZEE, DMart, IEX, Hindustan Zinc, KEC Int'l

Buzzing stocks to watch today, July 3: Avenue Supermarts, the DMart chain of stores' operator reported a provisional standalone revenue of Rs 13,712 crore for the June quarter, up 18 per cent Y-o-Y

Bank of Baroda, Yes Bank, GE Power among top stocks to track on June 21

As of 6:39 AM, GIFT Nifty futures showed a slight increase, trading 7 points higher at 23,589.5 from their previous close

YES Bank slides 3% on GST penalty; brokerage maintains 'Sell' rating

Shares of YES Bank dipped 3.44 per cent at Rs 24.55 a per share on the BSE in Thursday's intraday trade. This came after Yes Bank revealed on Thursday that it has received a service tax demand order

RBI imposes penalty on ICICI Bank and YES Bank for rule violations

RBI said these actions are based on deficiencies in regulatory compliance and are not intended to pronounce upon validity of any transactions or agreements entered into by the bank with its customers

IDBI Bank to increase tech spend to 8-9% of operating expenditure

IDBI Bank has 'immediate plans to invest in digital solutions, analytics, AI', says CEO

Want to bring down retail loan growth: YES Bank MD & CEO Prashant Kumar

Kumar says the core capital of the bank is set to improve after investors - Carlyle group and Advent International - convert the warrants into equity

Carlyle Group divests 2% stake in YES Bank for Rs 1,441 cr via open market

Carlyle Group on Friday divested nearly a 2 per cent stake in private sector lender Yes Bank for Rs 1,441 crore through an open market transaction. US-based Carlyle Group, through its affiliate CA Basque Investments, offloaded shares in Yes Bank through a bulk deal on the National Stock Exchange (NSE). As per the data, CA Basque Investments sold 59.40 crore shares, amounting to a 1.98 per cent stake in Yes Bank. The shares were disposed of at an average price of Rs 24.27 apiece, taking the transaction value to Rs 1,441.64 crore. After the stake sale, the Carlyle Group's shareholding in Yes Bank has declined to 7.13 per cent from 9.11 per cent. In February this year, global investment firm Carlyle Group pared a 1.3 per cent stake in private sector lender Yes Bank for Rs 1,057 crore. Meanwhile, Goldman Sachs (Singapore) Pte - ODI bought more than 36.92 crore shares, representing a 1.23 per cent stake in the Mumbai-based lender. The shares were acquired at an average price of Rs 24