Friday, 20 May, 2022
TopicYes bank

Topic: Yes bank

Yes Bank under fire from RBI for making confidential report public

RBI said that Yes Bank's selective disclosures from an audit report by the RBI was a 'deliberate attempt' to mislead the public. Mumbai/Singapore: Yes Bank...

Troubled Yes Bank is now a ‘fallen angel’

Moody’s cuts Yes Bank’s credit rating to junk, which is rare for an Indian private sector bank.

Yes Bank’s Rana Kapoor is playing a dangerous funding game with market money

Yes Bank’s stock has sunk 50 per cent in just three months.

Yes Bank director quits, saying he’s unhappy with ‘developments’

Yes Bank has seen a spate of resignations in the past week as it continues its search for a new CEO to replace the incumbent, Rana Kapoor.

RBI shows it will hold managements of private banks accountable

The action of regulators against older generation leaders of 3 private banks is seen to benefit share holders in the long term.

Investors are spooked as Indian stock markets swing their wildest in more than 4 years

Yes Bank's shares sank to the lowest level since 2016 while Dewan Housing Finance Corp's dropped by 43 per cent.

RBI wields the stick on bad loans by rejecting Yes Bank’s Rana Kapoor

Rana Kapoor’s removal illustrates just how far RBI is preparing to go to root out a system-wide legacy of shoddy lending.

Oh Yes Bank, you lost your CEO – for the greater good

After acting against Rana Kapoor, RBI will be forever held to a high standard and any compromises would damage its credibility.    

Yes Bank shares plunge after RBI defers CEO Rana Kapoor’s extension

Kapoor has received RBI approval to continue as managing director and CEO of the Mumbai-based lender until “further notice” from the regulator.

As banks become more selective, Indian firms may not find cheap loans abroad

Rising non-performing debt issues of Indian banks are affecting the availability and pricing of offshore loan transactions.

On Camera

YourTurn

Representative image of an ethanol-blended fuel station plug | Wikimedia Commons

Ethanol blended fuel to power vehicles. Will it hurt your car’s engine?

India’s reliance on ethanol blended fuel is only set to increase in the wake of rising crude oil prices. But are we going to adapt in time?
A shopkeeper arranges stock at a grocery store in Bengaluru | Representational image | Bloomberg Photo

Inflation raised monthly expenses of 92% Indian families in last 3 months, finds online survey

A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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