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16 hours ago · While SMBC and Emirates NBD balked at the regulatory cap on voting rights in private banks, MUFG, which was earlier keen on buying HDB Financial, does not see the cap as a deal-breaker.
16 hours ago · Japans MUFG has re-entered the race to acquire a majority stake in Yes Bank after its proposal to invest in HDB Financial was rejected. MUFG has submitted a non-binding offer and is conducting due diligence, negotiating mainly with Yes Bank and SBI.
1 day ago · Yes Bank's stake sale is now unlikely to happen in FY25 and may get delayed, ET Now reported, citing sources. SMBC has shown strong interest in acquiring a 51% stake in Yes Bank and the talks have stalled because of its insistence on 51% ownership, the report said.
1 day ago · Yes Bank Q2 Update: Deposits grow by 18%, advances up 13% from last year. Yes Bank's loan growth for the September quarter stood at 13.1% from the same quarter last year to ₹2.36 lakh crore. On a sequential basis too, loans grew by 3%. Mumbai-based private lender Yes Bank Ltd. reported its business updates for the July-September period on ...
1 day ago · Yes Bank’s credit-to-deposit (CD) ratio dipped to 85.3 per cent at the end of September 2024 from 89.2 per cent a year ago and 86.6 per cent in June 2024. The Reserve Bank of India (RBI) has frequently expressed concern over the gap between credit growth and deposit growth in the banking sector, which pushed the industry’s CD ratio to 77.16 per cent as of September 6, 2024, up from 76.07 per cent a year ago.
Jul 9, 2024 · 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...
Yes Bank share price today: Shares of Yes Bank jumped over 11% hitting the day's high of ₹ 25.40 on the NSE. This comes after Reserve Bank of India's (RBI) nod to HDFC Bank for acquiring up to...
Jan 2, 2024 · Shares of YES Bank rose about 4.71 per cent to Rs 23.71 on Tuesday, commanding a total market capitalization close to Rs 68,200 crore. However, the stock gave up its gains partially....
Apr 27, 2024 · Yes Bank Q4 Results Highlights: Indian Private lender YES Bank reported a remarkable 123% year-on-year increase in net profit for the fourth quarter (Q4) of FY24, rising to ₹ 452 crore from ₹...
Apr 29, 2024 · Yes Bank shares soared as much as 9% on Monday following its strong Q4 results, supported by substantial gains from tax refunds. Shares of the lender surged 8.98% to reach Rs 28.50 apiece at the opening of Monday's trading session.
