Yes Bank: News

06 Feb 2024

HDFC Bank

Why HDFC Bank is buying stakes in these six banks

The Reserve Bank of India (RBI) has given approval to HDFC Bank to acquire up to 9.5% stakes in six banks.

03 Jul 2023

Anil Ambani

ED grills Anil Ambani over FEMA violation

Industrialist and Reliance ADA Group Chairman Anil Ambani on Monday reportedly appeared before the Enforcement Directorate (ED) in connection with a case of alleged violation of the Foreign Exchange Management Act (FEMA), 1999.

DHFL scam: ED attaches builders' properties worth Rs. 415 crore

The Enforcement Directorate (ED) on Wednesday attached assets worth Rs. 415 crore in India's biggest bank fraud case, the Dewan Housing Finance Limited (DFHL) and Yes Bank scam.

16 Feb 2022

Mumbai

Yes Bank founder Rana Kapoor gets bail in fraud case

A special court in Mumbai on Wednesday granted bail to Rana Kapoor, the founder and former chief executive officer (CEO) of Yes Bank.

Depositors to get Rs. 5L insurance if bank under moratorium

The Indian government on Wednesday cleared amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961, thus providing a big relief to the customers of failed or stressed banks.

After quarantine, Kapil and Dheeraj Wadhawan land in CBI custody

DHFL promoters Kapil and Dheeraj Wadhawan have been taken into custody by the Central Bureau of Investigation (CBI), Maharashtra Home Minister Anil Deshmukh said on Sunday.

24 Mar 2020

India

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

In the wake of increasing COVID-19 cases across the country, the government has waived charges on withdrawals from other bank ATMs and the penalty on failing to maintain minimum bank balance for a period of three months.

Yes Bank resumes full banking services as RBI lifts moratorium

The ailing private lender Yes Bank on Wednesday confirmed that its banking services are now fully operational.

16 Mar 2020

Anil Ambani

ED summons Anil Ambani over Yes Bank money laundering probe

Reliance Group Chairperson Anil Ambani was on Monday summoned by the Enforcement Directorate in connection with its money laundering case against Yes Bank founder Rana Kapoor.

Yes Bank rescue plan unveiled, withdrawals restrictions to be lifted

Crisis-hit Yes Bank got a lifeline after the Union Cabinet, chaired by Prime Minister Narendra Modi, notified a reconstruction plan backed by the State Bank of India (SBI).

10 Mar 2020

Rana Kapoor

Yes Bank depositors can now use IMPS/NEFT to pay dues

The crisis-hit lender Yes Bank on Tuesday allowed customers to make certain transactions using instant money transfer services.

How RBI and government cast net to nab Rana Kapoor

Yes Bank is spiraling downwards and its founder Rana Kapoor is in the custody of Enforcement Directorate. The Central Bureau of Investigation is also probing him over corruption charges.

Yes Bank crisis: In six months, depositors withdrew Rs. 18,000cr

The Yes Bank crisis may have been exposed last week, but depositors of the once famed lender anticipated trouble months ago, prompting them to withdraw their money.

09 Mar 2020

Mumbai

Booked for corruption, Yes Bank's founder Rana Kapoor breaks down

Rana Kapoor, the founder of crisis-hit Yes Bank, was on Sunday booked by the Central Bureau of Investigation (CBI) for alleged criminal conspiracy, cheating, and corruption.

Yes Bank founder Rana Kapoor arrested by ED under PMLA

The Enforcement Directorate (ED) arrested the founder of crisis-hit Yes Bank, Rana Kapoor, in the wee hours of Sunday.

SBI working on Yes Bank's reconstruction scheme, says bank chief

State Bank of India Chairperson Rajnish Kumar on Saturday said that the bank has received the draft scheme for the reconstruction of the crisis-hit Yes Bank.

Yes Bank founder Rana Kapoor's home raided by Enforcement Directorate

The Enforcement Directorate on Friday raided the home of Yes Bank founder Rana Kapoor in Mumbai.

Explained: The rise and fall of Yes Bank

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

Amid Yes Bank crisis, Sitharaman assures depositors' money safe

Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.

Yes Bank crisis: Things to know if you're a customer

In a drastic move, the Reserve Bank of India (RBI) took over the board of private lender Yes Bank on Thursday night, while also putting a cap of Rs. 50,000 on withdrawals.

05 Mar 2020

India

Troubled Yes Bank under moratorium; withdrawals limited to Rs. 50,000

The Central government has imposed an order of moratorium on troubled private lender, Yes Bank, on Thursday as per the recommendation of the Reserve Bank of India (RBI).

02 May 2019

India

Financial Bytes: Five credit cards that rich people use

Credit cards have become an essential part of our lives because of the convenience they offer. There are various types of credit cards that cater to different needs.

IIM-Rohtak sees 100% placements; average package Rs. 11.85 lakh p.a.

According to a press release by IIM-Rohtak, the institute has clocked a 100% placement record this year, with the average package being Rs. 11.85 lakh per annum.

26 Jan 2019

India

#FinancialBytes: 5 credit cards in India that rich people use

Credit cards have become an essential part of our lives because of the convenience they offer. There are various types of credit cards that cater to different needs.

21 Nov 2018

Bharti Airtel

Sensex falls over 200 points on weak global cues

The BSE benchmark Sensex fell over 200 points in early trade today following weak global cues amid fresh foreign fund outflows.

After Ashok Chawla resigns, Yes Bank shares fall 7%

Extending its loss for the second consecutive day, shares of Yes Bank dropped 7% today on bourses after its non-executive chairman, Ashok Chawla, stepped down with immediate effect.

15 Nov 2018

Asia

Sensex rises 115.89 points on fresh fund inflow, strong rupee

The 30-share BSE benchmark Sensex rose 115.89 points, or 0.33%, to 35,257.88 and the NSE Nifty regained 10,600-mark today backed by gains in auto, pharma, energy, and financial stocks, amid fresh foreign fund inflows and easing global crude prices.

04 Oct 2018

Sensex

Sensex plummets over 800-points on sinking rupee, weak global cues

The BSE benchmark Sensex plummeted over 800-points in the afternoon session today as rupee sank to another low amid boiling crude prices, weak global cues.

31 Jul 2018

Hyderabad

Demonetization: Hyderabad firm that deposited Rs. 3,000cr missing from registered-address

A Hyderabad-based company that suspiciously deposited and withdrew Rs. 3,178cr during demonetization is nowhere to be found at its registered address, TOI reports.

17 Jun 2018

India

After 10.5% pay-cut, HDFC Bank CEO earns Rs. 2.64L daily

India's highest-paid banker, Aditya Puri, HDFC Bank CEO, has taken a pay cut of 10.5% for FY18. Despite the reduction, he will earn a whopping Rs. 2.64L per day, or Rs. 9.6cr annually!

02 Jun 2018

India

Maharashtra Government unveils 'sandbox' to aid start-ups in fintech space

In its efforts to develop India's financial capital into a fintech hub, the Maharashtra Government has announced a "sandbox" to aid start-ups in the fintech space.

18 May 2018

India

Case studies published by the IIM Calcutta win international awards

Two case studies published by the IIM Calcutta Case Research Centre have won awards in the 2017 edition of the European Foundation of Management Development case competition.

16 May 2018

Raksha Bandhan

Nearly 1.70 lakh registrations for the 60-day long Amarnath yatra

Over 1.70 lakh pilgrims have registered for the 60-day long pilgrimage to the cave shrine of Amarnath in south Kashmir Himalayas, set to begin from Jammu on June 28.

07 May 2018

Bharti Airtel

Sensex surges over 146 points in opening trade

Market benchmark Sensex surged over 146 points in opening trade today on fresh buying by domestic institutional investors amid a strengthening rupee.

24 Apr 2018

Reliance Industries

Sensex gains 166 points, Nifty tops 10,600-level

Benchmark indices managed to close higher for the second session today, led by gains in refinery, capital goods, healthcare, auto, and banking stocks amid firming trend in global markets.

20 Apr 2018

London

RBI approves overseas offices for Yes Bank in London, Singapore

Mid-size private sector lender Yes Bank today said it has received approval from the Reserve Bank of India to have presence in London and Singapore to support the diaspora business and also international trade.

Ahead of RBI policy meet, Sensex rises nearly 100 points

The BSE Sensex rose nearly 100 points in opening trade on Wednesday ahead of Reserve Bank of India's monetary policy review that begins today.

02 Apr 2018

Japan

Sensex begins FY19 on firm note, rises over 100 points

Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.

20 Mar 2018

ICICI Bank

IIM Shillong completes 100% placement; top package at Rs. 26L

IIM Shillong has completed 100% placement for its Post Graduate Program in Management (PGPM) for 2017-18 batch.

RBI fines Axis Rs. 3cr, IOB Rs. 2cr for violations

The RBI has levied Rs. 3cr fine on Axis Bank and Rs. 2cr penalty on Indian Overseas Bank (IOB) for various violations.

11 Jan 2018

Aadhaar Card

More flaws in Aadhaar: Anyone can access your bank details

Reports about the lack of privacy and safety in Aadhaar only keep getting worse.

SBI may cut down minimum account balance to Rs. 1,000

SBI is mulling slashing its minimum account balance (MAB) requirement. This comes days after the finance ministry reported SBI had earned Rs. 1,771cr from fines levied on non-maintenance of MAB during April-November'17.

30 May 2017

India

ICAI to check if banks misreport bad loans

According to reports, Institute of Chartered Accountants of India (ICAI) has requested information pertaining to the bad-loan estimates provided by certain lenders and the central bank, from Reserve Bank of India.

26 Apr 2017

India

Awfis Space Solutions gets $20 million from Sequoia Capital

A very brief definition of Awfis can probably be that it is a start-up that provides work-spaces for start-ups.

22 Mar 2017

Delhi Police

Delhi: Four Bhondsi jail-mates in Limca Book of Records

The Limca Book of Records now features four inmates of the Bhondsi jail for installing 'Phoenix' (a prison-management software) in 11 prisons of Haryana.

20 Mar 2017

India

There has been no data leak says McDonald's India

In a statement issued by McDonald's India (South and West), the firm vehemently denied that there was any data leak.

28 Nov 2016

India

RBI raises cash reserve ratio to 100%

India's central bank, the Reserve Bank of India, directed the country's banks to maintain a cash reserve ratio of 100% to help absorb the excess deposits being collected in banks.