Saving YES Bank
The government and the RBI have stepped in with a community bailout for the beleaguered private sector bank to prevent a financial contagion. But it’s a long, bumpy road to recovery.
rana kapoor
March 2020
November 2019
October 2019
September 2019
July 2019
January 2019
December 2018
Ready to take rate action when required: RBI governor
Providing liquidity on tap for market participants is the RBI’s strategy to combat the coronavirus fallout.
YES Bank and its chronic bad loan pain
No respite for controversy-hit YES Bank after the RBI finds the private sector lender guilty of under-reporting bad loans, again, casting a shadow on the bank’s asset quality and profitability in Q3.
Light at the end of the tunnel for YES Bank?
The private lender receives a binding offer of $1.2 billion from a global investor; shares rally as much as 35% before closing the day with 24% gain at ₹70.45.
YES Bank arrests share price fall
An analysts call an hour before the start of trading after an unprecedented disclosure of key numbers by the bank helps to arrest share price fall.
The fall and fall of YES Bank share prices
While Rana Kapoor has been selling ‘diamonds’, YES Bank is recording new lows on every next trading day.
YES Bank shares soar on investment prospect
The private lender’s shares gained 13.5% on Wednesday.
YES Bank Q1 profit declines 91%
Worst quarterly performance in 20 quarters; net profit plunges to ₹113.8 crore from ₹1,260.36 crore a year ago due to higher provisioning.
Ravneet Gill appointed YES Bank MD and CEO
The current chief of Deutsche Bank in India will take charge at YES Bank on or before March 1, as the market cheers the end of uncertainty around the bank’s future leadership
No quick fix for YES Bank
Rana Kapoor’s inimitable risk-taking kept YES Bank’s growth rates ahead of the curve. His banking style won’t be easy to replicate by just about anyone.
