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3 hours ago · The Reserve Bank of India (RBI) has okayed the sale of up to 51% stake in Yes Bank, setting the stage for a new owner for the private lender that survived a near-death experience just four years ago.
- Yes Bank Share Price Highlights : Yes Bank closed today at ...
Yes Bank Share Price Highlights : Yes Bank stock price went...
- Yes Bank Share Price Highlights : Yes Bank closed today at ...
59 minutes ago · The RBI recently gave a preliminary nod to Yes Bank and its key shareholders. This decision is notable as the RBI typically limits promoter holding in domestic banks to 26 percent, the report said.
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3 hours ago · HDFC, Axis, and Yes Bank aim at small business payments with apps like Smarthub Vyapar, Axis Neo, and Yes Biz, offering loans and tracking. UPI transactions reached 8.8 billion in May 2024, with 330 million QR codes. Competing with fintechs like PhonePe, 170 million merchant apps are in use. Banks employ ICICI Pockets and SBI Yono.
5 minutes ago · Earlier, a media report suggested that the Reserve Bank of India (RBI) has given its in-principle approval for up to 51% stake purchase by an appropriate incoming promoter for Yes Bank, which is higher than the 26% promoter-holding limit in the usual course of business under banking rules.
59 minutes ago · State Bank of India and other lenders, who collectively control 33.74 percent in Yes Bank, which has assets of over Rs 4 trillion, now have an exit route, thanks to the RBI clearance. SBI owns 23.99 percent in Yes Bank, 2.75 percent of HDFC Bank, 2.39 percent of ICICI Bank, 1.21 percent of Kotak Mahindra Bank, and 1.01 percent of Axis Bank.
3 hours ago · Yes Bank has appointed Citigroup to shortlist suitable promoters. A Citigroup spokesperson declined to comment on the story. The RBI approval opens up an exit path for State Bank of India (SBI) and other lenders which jointly own 33.74% in Ye s B a n k , w h i c h h a s a s s e t s worth over ₹4 lakh crore.
13 hours ago · Yes Bank Share Price Highlights : Yes Bank stock price went down today, 08 Jul 2024, by -3.53 %. The stock closed at 26.63 per share. The stock is currently trading at 25.69 per share. Investors ...
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