Yes Bank slips nearly 7% after Moody’s places lender under review
4 years, 11 months ago

Yes Bank slips nearly 7% after Moody’s places lender under review

Live Mint  

New Delhi: The shares of Yes Bank Ltd, on Friday fell nearly 7%, a day after ratings agency Moody’s Investors Service placed the lender’s ratings under review with the direction uncertain. Moody's placed Yes Bank's long-term foreign currency issuer rating of B2 under review, with the direction uncertain. It further placed bank’s long-term foreign and local currency bank deposit ratings of B2, and its foreign currency senior unsecured MTN program rating of B2, under review, with the direction uncertain. Moody’s on 5 December had downgraded Yes Bank's long-term foreign and local currency bank deposit ratings to B2 from Ba3, foreign currency senior unsecured MTN program rating to B2 from Ba3, and Baseline Credit Assessment and Adjusted BCA to b3 from b1.

Bank Ratings Yes Bank Rating Bca Slips Nearly  shares  foreign  bca  slips  nearly  bank  lender  review  ratings  senior  rating  moodys  banks  currency  yes  places

History of this topic

Yes Bank Share Price Today on 29-11-2024: Yes Bank share price are down by -1.33%, Nifty up by 0.9%
1 month, 2 weeks ago

Yes Bank Share Price Today on 29-11-2024: Yes Bank share price are down by -1.33%, Nifty up by 0.9%

Live Mint  

Yes Bank Share Price Today on 29-11-2024: At 29 Nov 11:22 today, Yes Bank shares are trading at price ₹20.09, -1.33% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Yes Bank Share Price Today on 27-11-2024: Yes Bank share price are up by 0.55%, Nifty down by -0.06%
1 month, 2 weeks ago

Yes Bank Share Price Today on 27-11-2024: Yes Bank share price are up by 0.55%, Nifty down by -0.06%

Live Mint  

Yes Bank Share Price Today on 27-11-2024: At 27 Nov 11:04 today, Yes Bank shares are trading at price ₹20.26, 0.55% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Yes Bank Share Price Today on 26-11-2024: Yes Bank share price are up by 5.62%, Nifty down by -0.07%
1 month, 3 weeks ago

Yes Bank Share Price Today on 26-11-2024: Yes Bank share price are up by 5.62%, Nifty down by -0.07%

Live Mint  

Yes Bank Share Price Today on 26-11-2024: At 26 Nov 11:00 today, Yes Bank shares are trading at price ₹20.29, 5.62% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Yes Bank Share Price Today on 25-11-2024: Yes Bank share price are up by 2.03%, Nifty up by 1.72%
Top News
1 month, 3 weeks ago

Yes Bank Share Price Today on 25-11-2024: Yes Bank share price are up by 2.03%, Nifty up by 1.72%

Live Mint  

Yes Bank Share Price Today on 25-11-2024: At 25 Nov 11:00 today, Yes Bank shares are trading at price ₹19.61, 2.03% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 19.30 10 …

Yes Bank Share Price Today on 13-11-2024: Yes Bank share price are down by -3.34%, Nifty down by -1.36%
2 months ago

Yes Bank Share Price Today on 13-11-2024: Yes Bank share price are down by -3.34%, Nifty down by -1.36%

Live Mint  

Yes Bank Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Yes Bank shares are trading at price ₹19.09, -3.34% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Yes Bank Share Price Today on 11-11-2024: Yes Bank share price are down by -1.29%, Nifty down by -0.03%
2 months ago

Yes Bank Share Price Today on 11-11-2024: Yes Bank share price are down by -1.29%, Nifty down by -0.03%

Live Mint  

Yes Bank Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Yes Bank shares are trading at price ₹19.91, -1.29% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Yes Bank Share Price Today on 07-11-2024: Yes Bank share price are down by -0.24%, Nifty down by -1.16%
2 months, 1 week ago

Yes Bank Share Price Today on 07-11-2024: Yes Bank share price are down by -0.24%, Nifty down by -1.16%

Live Mint  

Yes Bank Share Price Today on 07-11-2024: At 07 Nov 16:00 today, Yes Bank shares are trading at price ₹20.79, -0.24% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Yes Bank Share Price Today on 06-11-2024: Yes Bank share price are up by 1.07%, Nifty up by 1.12%
2 months, 1 week ago

Yes Bank Share Price Today on 06-11-2024: Yes Bank share price are up by 1.07%, Nifty up by 1.12%

Live Mint  

Yes Bank Share Price Today on 06-11-2024: At 06 Nov 16:01 today, Yes Bank shares are trading at price ₹20.84, 1.07% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Why this Japanese group is the favourite to win Yes Bank's hand
3 months, 1 week ago

Why this Japanese group is the favourite to win Yes Bank's hand

Live Mint  

Japan's Mitsubishi UFJ Financial Group has emerged as the favourite to acquire a majority stake in Yes Bank as it is agreeable to the regulatory cap on voting rights in private banks, three people aware of the matter said. "MUFG has started due diligence last week after SMBC and Emirates NBD dropped out due to the Reserve Bank of India's …

Yes Bank Q1 Results: Net Profit Jumps 46% to Rs 502 Crore on Lower Provisions
5 months, 3 weeks ago

Yes Bank Q1 Results: Net Profit Jumps 46% to Rs 502 Crore on Lower Provisions

News 18  

Yes Bank Q1 Results: Private sector lender Yes Bank on Saturday reported a bigger-than-expected 46 per cent jump in standalone net profit to Rs 502 Crore, helped by a drop in loan-loss provisions and robust loan growth. The Mumbai-based private lender’s standalone net profit had stood at Rs 343 crore in the corresponding period last year. Yes Bank’s provisions and …

Yes Bank’s $5 billion stake said to attract lenders from the Middle East, Japan
6 months ago

Yes Bank’s $5 billion stake said to attract lenders from the Middle East, Japan

Live Mint  

New Delhi: First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in India’s Yes Bank Ltd, according to Bloomberg. The Middle Eastern lender is weighing a bid for as much as a 51% stake in YES Bank, the people said, asking not to be identified as the deliberations are private. Private lender YES Bank …

Yes Bank clarifies on ‘stake sale’ report, calls it ‘factually incorrect’; stock up 2.5%
6 months, 1 week ago

Yes Bank clarifies on ‘stake sale’ report, calls it ‘factually incorrect’; stock up 2.5%

Live Mint  

Yes Bank share price rose about 2.5% on Tuesday's session after the most prominent private lender explained that the news regarding the sale of the 51% interest is solely speculative and is factually incorrect. A media reportstated that the RBI had granted its in-principle clearance for up to 51% of Yes Bank's shares to be purchased by a suitable new …

Yes Bank share price rises 8% today after strong Q4 results
8 months, 2 weeks ago

Yes Bank share price rises 8% today after strong Q4 results

Hindustan Times  

Yes Bank share price: Shares of Yes Bank opened upside at ₹27.50 apiece on NSE and went on to touch an intraday high of ₹28.55 per share after the opening bell today. Yes Bank share price went on to touch an intraday high of ₹ 28.55 per share on April 29. Yes Bank share price today Shares of YES Bank …

YES Bank Shares Jump 8% On Strong Q4 Results
8 months, 2 weeks ago

YES Bank Shares Jump 8% On Strong Q4 Results

News 18  

Private sector lender YES Bank‘s shares on Monday saw a strong jump on the back of heavy buying after its strong Q4 FY24 results. Private sector lender YES Bank on Saturday reported a 124 per cent surge year-on-year in its net profit to Rs 454 crore for the March 2024 quarter. Its net interest income during January-March 2024 rose 2.3 …

Yes Bank shares jump 9% after strong Q4 results. Buy, hold or sell?
8 months, 2 weeks ago

Yes Bank shares jump 9% after strong Q4 results. Buy, hold or sell?

India Today  

Yes Bank shares soared as much as 9% on Monday following its strong Q4 results, supported by substantial gains from tax refunds. It may be noted that Yes Bank's net interest income saw a modest 2% year-on-year increase, rising to Rs 2,153 crore from Rs 2,105 crore in the corresponding quarter of the previous fiscal year. On breaching this resistance …

Yes Bank share price jumps 10% on clarification of startup partnership
11 months, 1 week ago

Yes Bank share price jumps 10% on clarification of startup partnership

Live Mint  

Yes Bank share price jumped nearly 10% to touch a 52-week high on Thursday's session the private lender provided clarification that the agreement it has with a startup, which was previously revealed by the media, is still in its early stages and would not significantly affect the bank's business volumes or revenues. Yes Bank share price today opened at ₹31.18 …

YES bank rallies over 9.50 per cent amid reports of SBI offloading shares worth Rs 5,000-7,000 crore
11 months, 1 week ago

YES bank rallies over 9.50 per cent amid reports of SBI offloading shares worth Rs 5,000-7,000 crore

India TV News  

Shares of YES Bank rallied 9.70 per cent to a 52-week high of Rs 32.70 on reports of the State Bank of India offloading its entire stake. Currently, the SBI Consortium holds a 32.70 per cent stake in YES Bank, with LIC holding 4.34 per cent and Axis Bank 2.57 percent. The surge in YES Bank shares by 26 per …

Yes Bank shares cheer New Year after receipt of ₹150 crore from bad loan sale
1 year ago

Yes Bank shares cheer New Year after receipt of ₹150 crore from bad loan sale

Live Mint  

Stock market today: Yes Bank shares witnessed buying interest in early morning deals on first trade session of the new year 2024. According to stock market experts, Yes Bank share price today witnessed upside movement after the private lender's declaration to receive ₹150 crore from a single trust in Security Receipts Portfolio after NPA portfolio sale. On triggers that fueled …

Yes Bank shares jump 6% after NPA portfolio update. Details here
1 year, 2 months ago

Yes Bank shares jump 6% after NPA portfolio update. Details here

Live Mint  

Stock market today: Despite weak market sentiments, Yes Bank shares are attracting strong buying interest during Monday deals. According to stock market experts, Yes Bank share price today skyrocketed after the positive update on sale of NPA portfolio. Yes Bank share news On reason that has fueled Yes Bank share price today, Avinash Gorakshkar, Head of Research at Profitmart Securities …

Q2 results 2023: Yes Bank to declare July-September quarterly numbers this month
1 year, 3 months ago

Q2 results 2023: Yes Bank to declare July-September quarterly numbers this month

Live Mint  

Private lender Yes Bank has announced October 21 as the date for reporting the second quarterly results for the period ended September 30. “A meeting of the Board of Directors of YES Bank Limited will be held on Saturday, October 21, 2023, in Mumbai, inter alia, to consider and approve, the Unaudited Standalone and Consolidated Financial Results of the Bank …

Yes Bank shares jump 9% today. Here’s why
1 year, 8 months ago

Yes Bank shares jump 9% today. Here’s why

Live Mint  

Shares of Yes Bank Limited gained over 9 per cent during intraday trade on Tuesday ahead of the private sector lender's quarterly results later this week. SBI – Yes Bank's biggest shareholder with a 26.14 per cent stake in Yes Bank as of 31 December 2022, as per regulatory data – and other lenders had acquired the bank's shares for …

Yes Bank share price drops 7%. What investors should do?
1 year, 10 months ago

Yes Bank share price drops 7%. What investors should do?

Live Mint  

Yes Bank shares: Due to end of three year lock-in of ICICI Bank, HDFC Bank, IDFC First Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank, etc. in Monday morning deals, Yes Bank shares opened downside and hit intraday low of ₹14.40 apiece levels, around 12.50 per cent lower from its Friday close of ₹16.50 apiece on NSE. They said that …

As lock-in expires, Yes Bank rescuers may retain stakes
1 year, 10 months ago

As lock-in expires, Yes Bank rescuers may retain stakes

Live Mint  

Mumbai: Banks that acquired stakes in Yes Bank as part of its rescue three years ago are likely to hold on to their shares even as a three-year lock-in ends on 13 March, three officials aware of the matter said. State Bank of India, ICICI Bank, Axis Bank, IDFC First Bank, Federal Bank, Kotak Mahindra Bank and Bandhan Bank have …

Yes Bank share opens flat as SBI’s 3-year lock-in ends today. Buy, hold or exit?
1 year, 10 months ago

Yes Bank share opens flat as SBI’s 3-year lock-in ends today. Buy, hold or exit?

Live Mint  

Yes Bank shares today opened lower as three year lock-in of State Bank of India ends today. Market is full of speculations that after the end of three year lock-in, SBI would book at least partial profit if not full profit that may lead to further downside in Yes Bank share price, which is already under the heat after Supreme …

Stocks to Watch: Happiest Minds, HPCL, YES Bank, Edelweiss Financial Services, and Others
1 year, 10 months ago

Stocks to Watch: Happiest Minds, HPCL, YES Bank, Edelweiss Financial Services, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. Separately, SB Adani Family Trust offloaded 5.56 crore equity shares in Adani Green Energy via open market transactions at an average price of Rs 504.6 per share, amounting to Rs 2,805.6 crore. However, Goldman Sachs Trust II-Goldman Sachs GQG Partners International Opportunities Fund bought …

Yes Bank Shares Fall Over 16% in 2023; Should you Buy, Hold or Sell?
1 year, 11 months ago

Yes Bank Shares Fall Over 16% in 2023; Should you Buy, Hold or Sell?

News 18  

Yes Bank Share Price: Shares of YES Bank have been under pressure after climbing to its 52-week high of Rs 24.75 on 13 December, 2022. In these near one month time, Yes Bank shares have tumbled to the tune of 30 per cent whereas in YTD time, it has nosedived over 16 per cent. Giving Yes Bank shareholders to hold …

Yes Bank Shares Fall Over 26% From 52-Week High; Should you Buy, Hold or Sell?
2 years ago

Yes Bank Shares Fall Over 26% From 52-Week High; Should you Buy, Hold or Sell?

News 18  

Yes Bank Share Price: Private sector Yes Bank reached a record high of one year about 10 days ago. In last ten days, Yes Bank shares have fallen to the tune of Rs 18.20 per share on NSE, logging more than 26 per cent dip after climbing to its 52-week peak. further direction.” Highlighting the reasons that led to the …

Yes Bank share price jumps after sale of NPA to JC Flowers. Buy, sell or hold?
2 years ago

Yes Bank share price jumps after sale of NPA to JC Flowers. Buy, sell or hold?

Live Mint  

Yes Bank shares jump by over 4 per cent in early morning deals on Monday session. Yes Bank share price today opened with an upside gap and went on to hit intraday high of ₹22.10 apiece on NSE, logging around 4.25 per cent rise in stock market's opening bell today. According to stock market experts, Yes Bank shares are rising …

YES Bank Shares Skyrocket 27% in 3-Days; More Steam Left After the Staggering Rally?
2 years, 1 month ago

YES Bank Shares Skyrocket 27% in 3-Days; More Steam Left After the Staggering Rally?

News 18  

YES Bank Share Price Today: Private lender Yes Bank’s shares have been rallying for last three trading sessions. If Yes Bank manages to give strong numbers in Q3FY23 results, then valuations of the Yes Bank shares may become attractive and hence, private lenders who bought stake in Yes Bank may continue to hold the stock. If the private lender manages …

YES Bank Rallies Over 7%, Takes 2-day Rise to 20%; Should you Buy, Sell or Hold?
2 years, 1 month ago

YES Bank Rallies Over 7%, Takes 2-day Rise to 20%; Should you Buy, Sell or Hold?

News 18  

YES Bank Share Price: Shares of private lender YES Bank soared soared 7 per cent in Monday’s trade, taking its recent rise to the third straight day, hitting a two-year high at Rs 21.20, while surging 19.7 per cent over two sessions of trade. 2 each and share warrants of Yes Bank Limited,” adding, “Further to the Reserve Bank of …

Yes Bank raises $1.1 billion, expansion plans on table
2 years, 5 months ago

Yes Bank raises $1.1 billion, expansion plans on table

Live Mint  

Two years after India's central bank had to step in to take control of Yes Bank to calm panicky depositors and stem systemic risk, the lender is aiming to expand its loan book and acquire smaller rivals to revive its business, its chief executive said. Yes Bank is looking to increase its loan book by 15% in the fiscal year …

Yes Bank’s capital raise welcome, but challenges remain: Analysts
2 years, 5 months ago

Yes Bank’s capital raise welcome, but challenges remain: Analysts

Live Mint  

Indian private lender Yes Bank's $1.1 billion capital raise will help strengthen its balance sheet and provide it with growth capital, but it may not be an easy road ahead for the bank as the focus shifts to accelerating growth, say analysts. On Friday Yes Bank announced that it is selling up to a 10% stake to U.S. private equity …

Yes Bank share price rises 18% in a month. What is driving banking stock?
2 years, 5 months ago

Yes Bank share price rises 18% in a month. What is driving banking stock?

Live Mint  

Yes Bank shares have been in uptrend for last few sessions. Similarly, in last one month Yes Bank share price has surged from ₹12.65 to ₹15 apiece levels, delivering more than 18 per cent return to its shareholders in this time horizon. According to stock market experts, Yes Bank shares are rising due to the private lenders announcement in regard …

Yes Bank is confident of 15% credit growth in FY23
2 years, 5 months ago

Yes Bank is confident of 15% credit growth in FY23

Live Mint  

Yes Bank management on Saturday said that it is confident of meeting the 15% credit growth guidance for the fiscal year 2023, even as it reported a 50% year-on-year jump in net profit during the first quarter of the fiscal year owing to lower provisions. The private sector lender reported a net profit of ₹314 crore at the end of …

Yes Bank Q1FY23 results: Net profit jumps 50%, total income rises 9.67%
2 years, 5 months ago

Yes Bank Q1FY23 results: Net profit jumps 50%, total income rises 9.67%

Live Mint  

Yes Bank Q1FY23 results: Yes Bank today announced its results of the first quarter for the financial year 2022-23. The private lender also reported a YoY jump of 9.67 per cent in total income whereas its income from interest has shot up 13.47 per cent in the said period. Net interest income of Yes Bank in Q1FY23 stands at ₹1,850 …

Yes Bank share rises ahead of Q1FY23 results. Should you buy, sell or hold?
2 years, 5 months ago

Yes Bank share rises ahead of Q1FY23 results. Should you buy, sell or hold?

Live Mint  

Yes Bank share price: Ahead of quarterly results for the quarter ended June 2022, Yes Bank shares have been giving upside movement since early morning deals. Yes Bank shares today opened with upside gap and hit intraday high of ₹15 per share, logging around 5 per cent rise from its Thursday's close of ₹14.30 apiece on NSE. Speaking on the …

Yes Securities gives buy tag to ICICI Bank shares. Sees 40% upside in long term
2 years, 8 months ago

Yes Securities gives buy tag to ICICI Bank shares. Sees 40% upside in long term

Live Mint  

ICICI Bank share price has remained sideways to negative in last 6 months. Yes Securities report says that ICICI Bank share price may go up to ₹1043 levels in long term. Pointing at ICICI Bank's loan growth, Yes Securities report says, "Management stated that, in retail lending, market shares in individual micro markets are not saturated for the bank. Suggesting …

Moody's rating agency raises outlook to 'stable' for 18 corporates and banks
3 years, 3 months ago

Moody's rating agency raises outlook to 'stable' for 18 corporates and banks

Firstpost  

This follows the upgrade by the US-based rating agency in India’s sovereign rating outlook to ‘‘stable’’ from ‘’negative’’ on Tuesday New Delhi: Moody’s Investors Service on Wednesday raised the rating outlook for 18 Indian corporates and banks, including Reliance Industries, Infosys, SBI and Axis Bank, to ‘‘stable’’ from ‘’negative’’. This follows the upgrade by the US-based rating agency in India’s …

Yes Bank share gains 9.83% in early trade, up 23% this week
4 years, 1 month ago

Yes Bank share gains 9.83% in early trade, up 23% this week

Live Mint  

Yes Bank shares rose over 9.83% in early trade on Wednesday. The share of the troubled bank hit its upper circuit following reports that the stock will be upgraded to large cap category from mid cap by mutual fund industry body. According to their list, there is a high probability for Yes Bank to switch from mid cap to large …

Yes Bank shares gain over 3% in early trade
4 years, 1 month ago

Yes Bank shares gain over 3% in early trade

Live Mint  

Yes Bank kickstarted this week with 3.25% gain in early trade on Monday. Share of Yes Bank hit 5% upper circuit in early trade on Tuesday last week and gained for the second consecutive session. In the last one year, Yes Bank share price has fallen by 76%. According to a report by ICICI Securities, there is a high probability …

Yes Bank eyes ₹2 trillion deposits by March
4 years, 1 month ago

Yes Bank eyes ₹2 trillion deposits by March

Live Mint  

Yes Bank aims to raise its deposits book to ₹2 trillion by the end of March 2021. The private sector lender is also planning to expand its retail and small and medium enterprises loan book from ₹6,800 crore in the September quarter to ₹10,000 crore by the end of the third quarter. Rajan Pental, retail banking head of Yes Bank …

Yes Bank gains 5% in one day, 26% in one month
4 years, 1 month ago

Yes Bank gains 5% in one day, 26% in one month

Live Mint  

Yes Bank gained 5% today from the previous closing of ₹14.80 on Friday. CARE Ratings, in November revised its rating of private lender YES Bank's debt instrument. The credit rating agency upgraded YES Bank's infrastructure bonds rating to 'CARE BBB' from previous 'CARE B'. The outlook on YES Bank's ratings was changed to 'Stable' from 'Under Credit watch with Developing …

YES Bank: CARE upgrades bank’s debt instruments rating, outlook stable
4 years, 2 months ago

YES Bank: CARE upgrades bank’s debt instruments rating, outlook stable

Live Mint  

CARE Ratings on Tuesday revised its rating of private lender YES Bank's debt instrument. The credit rating agency upgraded YES Bank's infrastructure bonds rating to 'CARE BBB' from previous 'CARE B'. "The revision in the ratings assigned to the debt instruments of Yes Bank Limited factors in the improvement in the credit profile of the bank post the implementation of …

How the RBI got rid of Yes Bank’s Rana Kapoor
4 years, 2 months ago

How the RBI got rid of Yes Bank’s Rana Kapoor

Live Mint  

Yes Bank, as most readers will be aware, ended up in a downwards spiral. This ‘over-financing’ helped Yes Bank grow its balance sheet, earn profits, pay good dividends and keep the shareholders – which include Kapoor and his family – happy. Every time the RBI inspection team found a bad loan, Kapoor’s standard response was: ‘I will take care of …

Moody’s cuts ratings on BoB, Canara, two others
4 years, 4 months ago

Moody’s cuts ratings on BoB, Canara, two others

The Hindu  

Moody’s Investors Service has downgraded the long-term local and foreign currency deposit ratings of four public sector banks — Bank of Baroda, Bank of India, Canara Bank and Union Bank of India — to Ba1 from Baa3 and their baseline credit assessments to b1 from ba3. However, the ratings agency affirmed Punjab National Bank’s long-term local and foreign currency deposit …

Yes Bank Shares Close 2 Percent Higher After Ratings Upgrade
4 years, 5 months ago

Yes Bank Shares Close 2 Percent Higher After Ratings Upgrade

News 18  

Shares of Yes Bank closed with a gain of 2 per cent on Tuesday after Moody's Investors Service said it has upgraded the company's long-term foreign currency issuer rating by a notch. Moody's Investors Service on Monday said it has upgraded Yes Bank's long-term foreign currency issuer rating by a notch to 'B3' from 'Caa1' after a Rs 15,000-crore capital …

Yes Bank shares gain nearly 4% after ratings upgrade
4 years, 5 months ago

Yes Bank shares gain nearly 4% after ratings upgrade

Live Mint  

Shares of Yes Bank on Tuesday gained nearly 4% after Moody's Investors Service said it has upgraded the company's long-term foreign currency issuer rating by a notch. Moody's Investors Service on Monday said it has upgraded Yes Bank's long-term foreign currency issuer rating by a notch to 'B3' from 'Caa1' after a ₹15,000-crore capital raising. "Moody's has upgraded the bank's …

Day after bonds were downgraded, Yes Bank says it has enough liquidity
4 years, 6 months ago

Day after bonds were downgraded, Yes Bank says it has enough liquidity

Live Mint  

Yes Bank has adequate liquidity to meet all its obligations, the private lender said on Wednesday, a day after Icra and Care Ratings downgraded the upper tier-II bonds of Yes Bank to default. “For Basel II, upper tier-II bonds, the specific features of the instrument require debt servicing to be linked to the bank meeting regulatory norms on capital adequacy,” …

Yes Bank to skip payment of interest on bonds
4 years, 6 months ago

Yes Bank to skip payment of interest on bonds

Live Mint  

Private sector lender Yes Bank Ltd said the Reserve Bank of India has temporarily disallowed it from paying interest on its tier-II bonds due on 29 June, due to its weak capital position. “We refer to our earlier communication dated 27 May 2020 wherein we had inter alia informed that as the capital to risk assets ratio of the bank …

Yes Bank plans to raise ₹8,000 crore through rights issue
4 years, 6 months ago

Yes Bank plans to raise ₹8,000 crore through rights issue

Live Mint  

Yes Bank Ltd. is planning to raise at least ₹8000 crore in a public offering of shares to boost its capital, according to people familiar with the matter. That could help Yes Bank raise its Tier-1 core capital ratio to around 10%, from 6.3% as of end-March, said the people, who asked not to be identified as the information is …

Discover Related