Budget 2024: Provide outlays for inclusive growth: YES BANK MD
Govt is expected to remain committed to reforms in sustainable growth, finance, infrastructure, women, youth, farmers, connectivity for 'Viksit Bharat'
Govt is expected to remain committed to reforms in sustainable growth, finance, infrastructure, women, youth, farmers, connectivity for 'Viksit Bharat'
YES Bank shares jumped as much as 8.4% to ₹27.08, while the market capitalisation climbed to ₹81,665 crore.
Reports on Monday said Yes Bank had received in-principle approval from the central bank to sell up to 51% stake
ICICI Bank sanctioned loans to certain entities without undertaking due diligence on the viability and bankability of the projects, says RBI.
Carlyle Group, which currently holds 8.74% shares in YES Bank, is reportedly looking to sell 2% stake via a block deal today.
The shares of YES Bank have risen in the six out of the last seven sessions and climbed nearly 19% during this period.
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
Axis Bank, HDFC Bank, State Bank of India and YES Bank will act as payment system provider (PSP) banks to Paytm parent One97 Communications
Private bank to acquire 9.50% stake in Axis Bank, Suryoday Small Finance Bank, ICICI Bank, Bandhan Bank, Yes Bank, and IndusInd Bank
The Q3 profit grew multi-fold from ₹51 crore in the year ago period, aided by sharp decline in provisions, credit growth, and higher income.