Edition:
India

Yes Bank Ltd (YESB.NS)

YESB.NS on National Stock Exchange of India

85.30INR
1:26pm IST
Change (% chg)

Rs-13.10 (-13.31%)
Prev Close
Rs98.40
Open
Rs88.60
Day's High
Rs90.25
Day's Low
Rs79.15
Volume
176,124,700
Avg. Vol
73,419,536
52-wk High
Rs404.00
52-wk Low
Rs79.15

Latest Key Developments (Source: Significant Developments)

Yes Bank Buys 80.1 Mln Shares Of CG Power On Invocation Of Pledge
Tuesday, 7 May 2019 

May 7 (Reuters) - Yes Bank Ltd ::ACQUIRED 80.1 MILLION EQUITY SHARES OF CG POWER AND INDUSTRIAL SOLUTIONS LIMITED.SHARES ACQUIRED ON INVOCATION OF PLEDGE OF SHARES.YES BANK-INVOCATION OF PLEDGE OF SHARES OF CG POWER DUE TO DEFAULT/BREACH OF TERMS OF CREDIT FACILITIES SANCTIONED BY CO TO OYSTER BUILDWELL.  Full Article

India's Yes Bank Posts March-Qtr Net Loss
Friday, 26 Apr 2019 

April 26 (Reuters) - Yes Bank Ltd ::MARCH QUARTER NET LOSS 15.07 BILLION RUPEES VERSUS PROFIT OF 11.79 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER NET PROFIT WAS 10.70 BILLION RUPEES.MARCH QUARTER INTEREST EARNED 78.57 BILLION RUPEES VERSUS 57.43 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS AND CONTINGENCIES 36.62 BILLION RUPEES VERSUS 3.99 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 3.22 PERCENT VERSUS 2.10 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 1.86 PERCENT VERSUS 1.18 PERCENT PREVIOUS QUARTER.RECOMMENDED DIVIDEND OF 2 RUPEES PER SHARE.YES BANK LTD - APPROVED RAISING OF FUNDS OF UPTO $1 BILLION.YES BANK LTD - APPROVED RAISING OF FUNDS OF UPTO 200 BILLION RUPEES.YES BANK LTD - POST CONTINGENCY PROVISION, BANK EXPECTS FY20 CREDIT COSTS UPTO 125BPS WITH EXPECTED FURTHER NORMALIZATION IN FY21.MARCH QUARTER NIM 3.1 PERCENT.HAS AGGREGATE OUTSTANDING FUNDED EXPOSURE OF 25.28 BILLION RUPEES AS OF MARCH 31, OF WHICH 24.42 BILLION RUPEES CLASSIFIED AS NPA.  Full Article

Yes Bank Appoints Ajai Kumar As Interim MD & CEO
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Yes Bank Ltd ::SAYS UPDATE ON YES BANK BOARD MATTERS.SAYS APPOINTMENT OF AJAI KUMAR AS INTERIM MD & CEO.SAYS RANA KAPOOR DEMITS OFFICE AS MD & CEO OF YES BANK ON JANUARY 31,2019 UPON COMPLETION OF HIS TERM.APPROVED APPOINTMENT OF AJAI KUMAR AS INTERIM MD & CEO FROM FEB 1 FOR ONE MONTH OR TILL RAVNEET GILL ASSUMES OFFICE, WHICHEVER IS EARLIER.RBI APPROVES APPOINTMENT OF KUMAR AS INTERIM MD & CEO .  Full Article

Yes Bank Says Madhu Kapur Group & Rana Kapoor Group Agreed To Nominate 1 Representative Director Each On Bank's Board
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Yes Bank Ltd ::SAYS UPDATE ON YES BANK BOARD MATTERS.MADHU KAPUR GROUP AND RANA KAPOOR GROUP HAVE AGREED TO NOMINATE ONE REPRESENTATIVE DIRECTOR EACH ON THE BANK'S BOARD.TWO NEW APPOINTED DIRECTORS WILL BE ANNOUNCED AT THE NEXT SCHEDULED BOARD MEETING IN APRIL, 2019.RECOMMENDED TO RBI A SENIOR BOARD DIRECTOR FOR TEMPORARILY HOLDING OFFICE AS BOARD DIRECTOR ON INTERIM SPECIAL DUTY (MD,CEO'S RESPONSIBILITIES)FROM FEB 1.  Full Article

Deutsche Bank's India CEO Frontrunner For CEO Post At Yes Bank - Economic Times
Tuesday, 15 Jan 2019 

Jan 14 (Reuters) - :DEUTSCHE BANK'S INDIA CEO RAVNEET SINGH GILL IS THE FRONTRUNNER IN A TWO-HORSE RACE FOR THE CHIEF EXECUTIVE'S POST AT YES BANK - ECONOMIC TIMES.GILL AND YES BANK CFO RAJAT MONGA WERE THE TWO RECOMMENDED BY BOARD OF THE BANK FOR THE POSITION TO RESERVE BANK OF INDIA LAST WEEK - ECONOMIC TIMES.  Full Article

Yes Bank To Submit Finalised Name Of Potential Candidate For CEO To RBI On Jan 10
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Yes Bank Ltd ::FINALISED NAMES OF POTENTIAL CANDIDATES FOR THE POSITION OF MD& CEO.BOARD WILL SUBMIT APPLICATION TO RESERVE BANK OF INDIA ON JANUARY 10, 2019, SEEKING APPROVAL FOR THE APPOINBNENT OF THE NEW MD & CEO.  Full Article

Yes Bank Says It Sold 12.3 Mln Shares Of Paid-Up Capital Of Fortis Healthcare
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Fortis Healthcare Ltd ::HAS SOLD 12.3 MILLION SHARES CONSTITUTING 2.1279 PERCENT OF PAID-UP SHARE CAPITAL OF FORTIS HEALTHCARE IN VARIOUS TRANCHES.SALE RESULTS IN CHANGE IN HOLDING OF THE BANK BY MORE THAN 2% OF TOTAL SHAREHOLDING OF FHL, FROM LAST DISCLOSURE MADE ON MARCH 15, 2018.  Full Article

Yes Bank Says Final Recommendation For CEO To Be Submitted To RBI Post Next Board Meet On Jan 9
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Yes Bank Ltd ::NOMINATION & REMUNERATION COMMITTEE, BOARD FINALISED RECOMMENDATION FOR NON-EXEC PART-TIME CHAIRMAN AND SHALL SEEKING APPROVALS FROM RBI.SEARCH PANEL AND BOARD ON TRACK TO COMPLETE PROCESS FOR NEW MD&CEO APPOINTMENT WITHIN STIPULATED TIMELINES OF RESERVE BANK OF INDIA.FINAL RECOMMENDATION FOR CEO & MD WILL BE SUBMITTED TO RBI BY BOARD OF DIRECTORS POST THEIR NEXT MEETING SCHEDULED ON JANUARY 9, 2019.N&RC ALSO EVALUATED PROFILES FOR ADDITIONAL DIRECTORS ESPECIALLY WITH INFORMATION TECHNOLOGY EXPERTISE, TO LEAD BANK'S IT STRATEGY COMMITTEE.SSC DISCUSSED, DELIBERATED ON FINAL SHORTLISTED EXTERNAL & INTERNAL CANDIDATES PRESENTED BY KORN FERRY.SEARCH PANEL WILL ENGAGE WITH CEO CANDIDATES OVER NEXT FEW DAYS FOR FINALIZATION.  Full Article

Yes Bank Says Final Recommendation For CEO To Be Submitted To RBI Post Next Boad Meet On Jan 9
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Yes Bank Ltd ::NOMINATION & REMUNERATION COMMITTEE, BOARD FINALISED RECOMMENDATION FOR NON-EXEC PART-TIME CHAIRMAN AND SHALL SEEKING APPROVALS FROM RBI.SEARCH PANEL AND BOARD ON TRACK TO COMPLETE PROCESS FOR NEW MD&CEO APPOINTMENT WITHIN STIPULATED TIMELINES OF RESERVE BANK OF INDIA.FINAL RECOMMENDATION FOR CEO & MD WILL BE SUBMITTED TO RBI BY BOARD OF DIRECTORS POST THEIR NEXT MEETING SCHEDULED ON JANUARY 9, 2019.N&RC ALSO EVALUATED PROFILES FOR ADDITIONAL DIRECTORS ESPECIALLY WITH INFORMATION TECHNOLOGY EXPERTISE, TO LEAD BANK'S IT STRATEGY COMMITTEE.SSC DISCUSSED, DELIBERATED ON FINAL SHORTLISTED EXTERNAL & INTERNAL CANDIDATES PRESENTED BY KORN FERRY.SEARCH PANEL WILL ENGAGE WITH CEO CANDIDATES OVER NEXT FEW DAYS FOR FINALIZATION.  Full Article

Yes Bank Says Committee Finalized Potential Candidate Profile
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Yes Bank Ltd ::"COMMITTEE FINALIZED THE POTENTIAL CANDIDATE PROFILE".ADVISORY FIRM KORN FERRY ALSO SHARED A REPRESENTATIVE LIST OF CANDIDATE POOL, BASED ON INITIAL INDUSTRY MAPPING WITH THE COMMITTEE.  Full Article

Photo

Nifty, Sensex dragged lower by Yes Bank plunge, Wipro limits losses

Indian shares slipped after three sessions of gains on Thursday, dragged by a near 20% drop in Yes Bank Ltd after it reported a poor quarter and top brokerages slashed price targets.