RBI okays Yes Bank stake sale to Carlyle, Advent with conditions
The investors and the bank will engage with the RBI to seek an early resolution of the conditions to procure the final approval on this matter.
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Yes Bank to transfer stressed assets worth ₹48,000 cr to JC Flowers by November-end
In July, the private lender selected JC Flowers for the sale of its stressed loans after a consortium of Cerberus Capital and Asset Reconstruction Company of India (ARCIL) withdrew from the bid.
Dish TV shareholders reject 4 resolutions at AGM; stock dives 10%
Dish TV shares have fallen nearly 24% in the last three sessions after its chairman Jawahar Lal Goel resigned from the company's board.
Sensex, Nifty to open in red; Wipro, Tata Steel, ACC, Ambuja, YES Bank, M&M, SpiceJet shares eyed
The Sensex and Nifty are poised to drop on Wednesday, following broad losses in Asia and on Wall Street overnight ahead of an expected fed rate hike.
Dish TV stock zooms 20% in 2 sessions; here’s why
Dish TV share price has surged 61% in the past one month after the promoter family Essel Group agreed to step down from the company’s board.
YES Bank hikes interest rates on NRE, foreign currency deposits
The private lender has raised the interest rates on its Non-Resident External Account (NRE) fixed deposits by 50 to 75 bps and on foreign currency deposits by 20 bps.
YES Bank share surges on plan to raise ₹8,900 cr from Carlyle, Advent
YES Bank will sell up to 10% stake each to global private equity investors Carlyle Group and Advent International to raise equity capital of ₹8,900 crore.
Muted opening seen for Sensex, Nifty; ITC, HDFC, YES Bank, Zee, Dr. Reddy's, BoB, Cipla shares eyed
The Sensex and Nifty are poised to open flat to higher on Monday, tracking mixed cues from Asian peers and muted trends on SGX Nifty Futures.
Why are ICICI Bank, Kotak Mahindra, YES Bank under stress today?
Kotak Mahindra Bank, YES Bank, and ICICI Bank reported robust growth in their June quarter earnings released on Saturday
Yes Bank picks JC Flowers ARC as partner to sell stressed loans worth ₹48,000 cr
The private lender says it has decided that the JC Flowers ARC will be the base bidder for a proposed sale of an identified stressed loan portfolio of the bank.
