Synopsis:- Strong quarterly momentum with 16% NII growth and improving margins contrasts with slight asset quality pressure, as GNPA improved to 1.3% and PCR stood at 81.8%. Despite stable advances, growth and deposits rising nearly 19%, cautious brokerage outlook...
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...
During Thursday’s trading session, shares of a full-service commercial bank headquartered in Mumbai surged nearly 3.5 percent on BSE. The factors contributing to this positive movement in the share price are explained in detail below. With a market capitalisation of...
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...
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....
