A host of leading banks from Asia as well as some deep-pocketed sovereign funds and private equity firms are learnt to be eyeing a majority stake of 51…
Read more Several foreign banks, funds eye majority stake in Yes BankYes Bank has launched premium banking services under the label ‘Yes Grandeur’ targeting elite and rising affluent class to drive business growth. “The bank recognises that this segment…
Read more Yes Bank launches premium services under ‘Yes Grandeur’ for affluent, elite customersWithin days of State Bank of India putting its 25 per cent stake in Yes Bank on the block, interest is visible from West Asia and Japan. According…
Read more First Abu Dhabi Bank, Mizuho Bank in race for SBI’s stake in Yes BankHome Money & Banking Updated – April 09, 2024 at 10:08 PM. “India’s banking sector has been instrumental in elevating the country’s GDP from $250 Bn in the…
Read more Government, multinational and international businesses, Yes Bank on the progress in FinTech sector during 10 years of NDA – Ajay Rajan, Country head, Yes BankYES Bank posted a net profit of ₹231 crore for Q3 FY24, up 4.4-fold on year and 2.8 per cent on quarter. Net interest income (NII) was up 2.3…
Read more Yes Bank Q3 profit surges but falls short of estimatesYES Bank is evaluating microfinance companies to acquire in order to boost its PSL (priority sector lending) portfolio and reduce the drag of legacy PSL issues, MD and…
Read more YES Bank to acquire microfinance to reduce legacy PSL drag: MDBankEdge Academy, a specialised banking and finance training company, targets to find placement for 30,000 graduates in three years on back of huge demand in the banking and…
Read more BankEdge Academy aims to place 30,000 students in 3 yearsThe Additional Tier (AT)-1 bond market has polarised towards large/quality banks post the writedown of these bonds aggregating ₹8,415 crore by Yes Bank in the fourth quarter of FY20,…
Read more AT-1 Bonds: Market has become polarised towards larger/ quality banks, says JefferiesIn an interim relief to YES Bank, the Supreme Court on Friday extended the stay on the Bombay High Court’s January 2023 order ruling against the decision of…
Read more SC extends stay on Bombay HC ruling against YES Bank AT-1 bond write-offAfter months of anticipation, the Reserve Bank of India (RBI) on Tuesday said that it would launch its first pilot for retail digital Rupee, or e₹-R, on December…
Read more Digital Rupee coming on Dec 1: How will it work and what does it mean for you?
