Yes Bank | Latest & Breaking News on Yes Bank | Photos, Videos, Breaking Stories and Articles on Yes Bank (2024)

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  Trade Spotlight: How should you trade Tata Steel, IndusInd Bank, JK Paper, Jubilant Ingrevia and others on Tuesday?

  The Nifty 50 is likely to trend higher and hit new highs amid consolidation. Below are some trading ideas for the near term.

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  Yes Bank's stake sale stuck as RBI concerned with majority ownership by foreign bank

  On August 1, Moneycontrol citing sources reported that RBI has asked investors seeking a controlling stake in Yes Bank to reconsider their demands, including acquiring and retaining a majority stake, potentially prolonging the deal process

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  Yes Bank removes its country head of financial markets

  Amit Sureka, based in the lender's Mumbai branch, had joined Yes Bank in 2005

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  YES Bank inks pact with Newtap Finance on financing solutions for affluent customers on CRED

  Dreamplug Technologies Private Limited (DTPL), which operates CRED, will serve as the Lending Service Provider (LSP) for YES BANK and Newtap Finance in this partnership

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  Former Axis Bank executive Sumit Bali joins Yes Bank as Head of Retail Assets

  Bali had on June 13 this year had stepped down from his position of group executive of retail lending at Axis Bank after a stint of four years.

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  SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report

  Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said

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  Sumitomo Mitsui CEO weighs picking up 51% in Yes Bank for $5 billion: Report

  This potential acquisition could mirror a precedent set in 2018 when the RBI allowed Canada's Fairfax Holdings Ltd to acquire a 51% stake in Kerala-based Catholic Syrian Bank, marking the first time a foreign investor gained majority ownership in an Indian bank.

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  Regular engagement with RBI crucial to prevent business shutdowns, panellists say at Moneycontrol Startup Conclave

  RBI could engage with startups before issuing one-line circulars that could destroy businesses, says Siddarth Pai, founding partner of 3one4 Capital

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  Mizuho likely to withdraw from Yes Bank stake race; SMBC, Emirates NBD lead contenders: Report

  Yes Bank, valued at Rs 73,020.67 crore, has been seeking new ownership for four years after an RBI-orchestrated rescue led to a turnaround

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  Yes Bank stake sale hinges on bidders agreeing to local banking norms

  Two of the critical requests put forth by interested investors vying for a controlling stake in Yes Bank may have been rejected by the regulator

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  Axis Bank credit card bill payment goes live on BBPS, close to 90% on board now

  Yes Bank is expected to go live within a week to ten days on BBPS, leaving RBL as the largest one yet even to begin the process of integration

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  Sell Yes Bank; target of Rs 20: ICICI Securities

  ICICI Securities is bearish on Yes Bank has recommended sell rating on the stock with a target price of Rs 20 in its research report dated July 22, 2024.

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  Yes Bank jumps 5% on robust quarterly show as net profit surges 47%

  Despite the lender's solid Q1 earnings, KIE maintains a cautious call on Yes Bank, citing an unfavourable risk-reward along with the concerns of the underlying slowdown in RoE improvement.

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  Stock Radar: RIL, HDFC Bank, Wipro, Yes Bank, IRCTC, EMS, Kotak Bank in focus on Monday

  Vedanta, JSW Infrastructure, ONGC, Anant Raj, HDFC Life Insurance Company, Jubilant Pharmova, Indian Bank, and Power Finance Corporation will also be in focus on Monday.

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  Why change in banking regulations is important for Yes Bank to find a buyer

  Going by news reports, a foreign bank is seen as preferred suitor for Yes Bank. However, the present laws don’t permit a foreign bank to take controlling stake in an Indian bank.

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  First Abu Dhabi Bank says not evaluating any offer for stake in Yes Bank

  Yesterday, Bloomberg reported that First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in the Indian bank

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  YES Bank jumps over 7% as Moody's upgrades outlook to 'Positive'

  The positive outlook takes into account the improvement in the bank's asset quality and capitalisation over the past 2-3 years

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  Reports of 51% stake sale "factually incorrect", says Yes Bank; shares climb

  The news reports suggesting that the RBI approved a 51 percent stake sale in Yes Bank are "factuallyincorrect and purely speculative in nature", said the lender.

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  RBI gives the green light to sale of up to 51% stake in Yes Bank: Report

  The RBI recently gave a preliminary nod to Yes Bank and its key shareholders. This decision is notable as the RBI typically limits promoter holding in domestic banks to 26 percent, the report said.

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  Brokerage Radar: NBFC, Bank stocks in focus; Indegene gets sell call, Polycab rated overweight

  Discover the latest brokerage calls and analyst insights on active stocks and sectors today, including updates on the NBFC sector and individual stocks like Yes Bank, Indegene, and Polycab.

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  YES Bank rises on strong growth in first-quarter deposits, advances

  YES Bank loans and advances rose 14.8 percent YoY to Rs 2.3 lakh crore in the April-June quarter, while deposits grew 20.8 percent YoY to Rs 2.64 lakh crore

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  Stock Radar: HDFC Bank, Yes Bank, D-Mart, IEX, Zomato, KEC in focus on Wednesday

  Oriental Carbon and Chemicals, Orient Cement, Pearl Global Industries, Allcargo Gati, Piramal Enterprises, 5paisa Capital, Rail Vikas Nigam, Zee Entertainment Enterprises, and Aditya Birla Capital will also be in focus on Wednesday.

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  YES Bank Q1 business update: Advances up 0.9% QoQ, deposits fall 0.5%

  YES Bank's deposits dipped slightly by 0.5 percent to Rs 2.65 lakh crore in the quarter ended June 30 from Rs 2.67 lakh crore in the previous quarter

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  Yes Bank initiates layoffs amid restructuring efforts: Report

  Yes Bank has commenced layoffs affecting 500 employees as part of a restructuring aimed at enhancing operational efficiency and reducing costs through digitalization and workforce optimization.

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  Stock Radar: CE Info Systems, Sanghi Industries, NTPC, DEE Development in focus on Wednesday

  UltraTech Cement, Mahindra & Mahindra Financial Services, RattanIndia Enterprises, Adani Ports and Special Economic Zone, SMC Global Securities, GlaxoSmithKline Pharmaceuticals, and Zee Entertainment will also be in focus on Wednesday.