Synopsis: SEBI has accused senior executives from EY and PwC of insider trading in Yes Bank’s 2022 stake sale and Carlyle and Advent in sharing sensitive information, alleging misuse of confidential information, illegal profits, and serious compliance failures. In a...
Synopsis: Yes Bank Ltd. rose 8% in intraday trade, driven by consistent gains, high trading volumes, and surpassing ₹21.5, the price for SMBC’s initial stake. Positive sentiment and growth targets set by the CEO & MD boosted investor confidence. The shares of a...
Yes Bank was once seen as one of the fastest-growing private sector banks in India. However, its aggressive lending practices and growing exposure to risky borrowers led to a build-up of bad loans. Concerns about the bank’s financial reporting began to surface, which...
Banking stock under Rs.25 soared 9 percent after Sumitomo Mitsui Banking Corporation announced a Rs.14,000 crore deal to acquire a 20 percent stake. The move triggered strong investor interest, reflecting optimism around the bank’s future prospects and marking a...
A mutual fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. It is managed by professional fund managers who make investment decisions on behalf of the investors. It offers...
Yes Bank: Imagine a nation without a secure and efficient banking system. Businesses wouldn’t be able to access capital for growth, individuals would struggle to manage their finances and the overall economy would grind to halt. Banks are the lifeblood of any economy....
Fundamental Analysis of Yes Bank: The second half of the calendar year 2022 was about banking PSUs giving multi-bagger returns to their shareholders. The rally was led by improvements in asset quality and record growth in advances. But there is another bank, although...
