Troubles mount for embattled lender YES Bank
YES Bank’s audit committee chairman Uttam Prakash Agarwal resigned as independent director citing deteriorating corporate governance standards at the private lender.
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January 2020
December 2019
November 2019
October 2019
YES Bank rejects Erwin Braich’s $1.2-bn offer
The lender hopes to raise the fund through a mix of debt and equity. YES Bank board to discuss Citax Holdings’ $500-million proposal at next meeting.
Stock watch: Top losers and gainers of 2019
A look at the top value creators and losing stocks from last year.
The YES Bank crisis is far from over
No respite for the capital-starved private lender even after fresh $2-billion capital infusion offers from a slew of investors. What lies ahead?
YES Bank shares tumble after Moody’s downgrade
Trouble hit the private lender once again after ratings agency Moody’s cut the bank’s credit rating and assigned a negative outlook to the company. YES Bank shares dived 10% on the BSE on Friday .
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.
Decoding YES Bank’s fast-rising share price
The private lender’s 106% recovery in share price from its 52-week low in early October could be a value trap for investors.
AGR verdict weighs on bank stocks
A new Supreme Court order burdens telecom companies with additional payments to the government. Already highly leveraged, these companies will put additional stress on banks.
Is RBL Bank going YES Bank’s way? Not really
RBL Bank’s NPAs are rising and the stock is going downhill, but there are enough reasons to believe it is unlikely to end up like YES Bank.
