‘No need to worry about YES Bank deposits’
Prashant Kumar, the bank’s administrator, echoed the words of RBI governor Shaktikanta Das that there was no cause for worry about deposits as the moratorium on withdrawals is set to end on March 18.
yes bank md and ceo
March 2020
September 2019
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YES Bank reports record ₹18,564-crore loss in Q3
The beleaguered private bank’s new investors have to deal with the already declining deposit base and mounting non-performing assets.
YES Bank moratorium ends on March 18
The government notifies reconstruction scheme with wider room for capital, four board members, and conditional lock-in for the existing shareholders.
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
