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Yes Bank News
Yes Bank gets RBI nod to open offices in London, Singapore
Fri, Apr 20, 2018
Private sector lender Yes Bank today said has received Reserve Bank of India's (RBI) approval to open two representative offices in London and Singapore.
Microsoft Kaizala app coming to India; here's how you can benefit
Thu, Mar 22, 2018
With "Kaizala" which has over one million users in India, users will have the option to make peer to peer payments in one to one and group chat conversations.
Sensex jumps 200 points, Nifty reclaims 10,600 on positive global cues
Fri, Feb 16, 2018
The domestic market opened higher on Friday with the Nifty50 testing its crucial 10,600 mark, after Asian markets extended their recovery from two-month lows into a fifth day as the Wall Street market volatility gauge fell,
Yes bank raises $600 million for five year tenor in maiden international bond issuance
Wed, Feb 07, 2018
Yes bank has successfully completed its first ever international bond issuance.
RIL, HDFC, Jubilant FoodWorks stocks surge on spectacular Q3 results
Mon, Jan 22, 2018
Shares of ONGC jumped as much as 6.3% today to their highest in nearly a year after the the company said it would buy a majority stake in state-run refiner HPCL
Sensex trades flat, Nifty holds above 10,800; YES Bank top gainer
Fri, Jan 19, 2018
As many as 29 companies are likely to report their Q3 results today. These include HDFC Bank, ITC, IDFC Bank, Kotak Mahindra Bank, Reliance Industries and Wipro among others.
Sensex builds on gains, regains 34,000 mark in early trade
Fri, Jan 05, 2018
The 30-share index rose 100.48 points, or 0.29 per cent, to 34,070.12, with all sectoral indices led by PSU, consumer durables, auto and metal trading in the positive zone, rising by up to 0.57 per cent.
Smallcap, Midcap indices extend gains; D B Realty, IVRCL lead the rally
Fri, Dec 22, 2017
Sensex opened at 33768.47 points. On the BSE, at 1.15 pm 1635 stocks advanced, 946 stocks declined and 166 remained unchanged. In the Nifty index, 35 stocks advanced, 15 declined at 1.15 pm.
HDFC, HDFC Bank, ONGC, Bharti Airtel, Tata Motors, TCS in focus today
Fri, Dec 22, 2017
HDFC has approved the sale of 100% of its equity share capital of HDFC Developers and HDFC Realty to Quikr India for Rs 101.99 cr and Rs254.98 cr, respectively. The stock is trading flat after hitting the day's high of 1715.85 on the NSE.
Microsoft launches Azure Stack for India
Wed, Dec 13, 2017
To further hasten Indian customers` move to the Cloud, Microsoft on Wednesday launched Azure Stack for India which is an extension of the company`s Azure Cloud platform.
Yes Bank posts lower than estimated 25% rise in net profit in Q2
Thu, Oct 26, 2017
Yes Bank , India`s fifth-biggest private-sector lender by assets, posted a lower-than-expected 25 percent increase in second-quarter profit, as bad loans rose.
Savings rate cut: These banks are still offering 6% interest, here's a look
Sat, Sep 02, 2017
Savings account, which is considered as the most basic financial product, has become a new "tool" for the banks to reduce liquidity post demonetisation period. It is best suited for salaried employees or people with a monthly income.
Bad News: HDFC Bank cuts savings account interest rate by 50 basis points
Thu, Aug 17, 2017
Customers having balance account below Rs 50 lakh will earn interest rates the new interest rate of 3.50% per annum - a 50 basis points cut from previous rate.
Yes Bank's net profit jumps to Rs 965 crore in Q1FY18; 60% NPA recovered
Wed, Jul 26, 2017
The net interest income of Yes Bank in Q1FY18 stood at Rs 1808.9 crore, a growth of 44% on the back of rise in Advances & CASA and steady expansion of net interest margin.
State Bank of India Q4 preview: Moderation in loan growth, stable NIM and asset quality?
Fri, May 19, 2017
Nilesh Parikh, Kunal Shah and Prakhar Agarwal analysts at Edelweiss Financial Services said, "Loan growth to be softer, but NII to be supported by lower funding cost. Incremental stress will likely be curtailed, keeping credit cost within initial guidance."
Indian equities bullish on IMD forecast, indices scale record highs
Sat, May 13, 2017
The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.
Yes Bank reports divergence in NPA classification; shares drop
Fri, May 12, 2017
As per the annual report, FY2016 GNPA, per RBI assessment was Rs 4930 crore compared to Rs 750 crore reported by the bank.
Yes Bank drops 4% as RBI norms weigh on fourth quarter results
Thu, Apr 20, 2017
Yes Bank said, “The increase in NPA and consequent provision is in conformity with the divergence observed by the RBI as per its compliance process referred to in the RBI circular dated April 18, 2017 on 'Disclosure in the notes to accounts to the financial statements – Divergence in asset classification and provisioning.”
Results of Q4 of Yes Bank came better than expected
Thu, Apr 20, 2017
Results of Q4 of Yes Bank came better than expected. Watch the full segment for more details.
Yes Bank reports 30% rise in net profit in Q4FY17 on y-o-y basis
Wed, Apr 19, 2017
After duly taking into account provision impact of the divergences, the Bank’s Credit Cost is at 53 bps for FY17 and 19 bps for Q4FY17.