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Yes Bank Ltd (YESB.NS)

YESB.NS on National Stock Exchange of India

177.85INR
10:29am GMT
Change (% chg)

Rs12.20 (+7.36%)
Prev Close
Rs165.65
Open
Rs164.50
Day's High
Rs179.85
Day's Low
Rs163.80
Volume
85,103,084
Avg. Vol
52,099,554
52-wk High
Rs404.00
52-wk Low
Rs146.75

Latest Key Developments (Source: Significant Developments)

Yes Bank Says Committee Finalized Potential Candidate Profile
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Yes Bank Ltd ::"COMMITTEE FINALIZED THE POTENTIAL CANDIDATE PROFILE".ADVISORY FIRM KORN FERRY ALSO SHARED A REPRESENTATIVE LIST OF CANDIDATE POOL, BASED ON INITIAL INDUSTRY MAPPING WITH THE COMMITTEE.  Full Article

India's Yes Bank Exec Says Spike In Slippages Is A One Off, Not A Pattern
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Yes Bank Ltd Rajat Monga, Senior Group President, Financial Markets and Chief Financial Officer says::SPIKE IN SLIPPAGES IS A ONE OFF AND NOT A PATTERN.FIRM APPOINTED BY SEARCH COMMITTEE IS STILL LOOKING FOR A SUCCESSOR AND IT’LL TAKE WEEKS TO COME TO ANY CONCLUSION.  Full Article

India's Yes Bank Sept Qtr Profit Down 3.8 Pct
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Yes Bank Ltd ::SEPT QUARTER NET PROFIT 9.65 BILLION RUPEES VERSUS PROFIT OF 10.03 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER NET PROFIT WAS 12.82 BILLION RUPEES.SEPT QUARTER INTEREST EARNED 72.31 BILLION RUPEES VERSUS 48 BILLION RUPEES LAST YEAR.SEPT QUARTER PROVISIONS AND CONTINGENCIES 9.40 BILLION RUPEES VERSUS 4.47 BILLION RUPEES LAST YEAR.SEPT QUARTER GROSS NPA 1.60 PERCENT VERSUS 1.31 PERCENT PREVIOUS QUARTER.SEPT QUARTER NET NPA 0.84 PERCENT VERSUS 0.59 PERCENT PREVIOUS QUARTER.SAYS SEPT-QUARTER NIM AT 3.3 PERCENT.SAYS IN QUARTER, GROSS SLIPPAGE 16.32 BILLION RUPEES INCLUDES AN ACCOUNT CLASSIFIED AS NPA BASED ON POST PERIOD END REVIEW PROCESS.SAYS BANK TO MAINTAIN PCR IN MORE THAN 60 PERCENT BY MARCH 2019.SAYS IN QUARTER, GROSS SLIPPAGE INCLUDES ACCOUNT WITH EXPOSURE OF 4.46 BILLION RUPEES WHICH WAS SOLD TO AN ARC DURING Q2FY19.SAYS AT QUARTER END. TOTAL EXPOSURE TO NBFCS AT 2.6 PERCENT OF WHICH ABOUT 90 PERCENT EXTERNALLY RATED A OR BETTER.SAYS TOTAL EXPOSURE TO HFCS AS OF SEPT 30 AT 3.2 PERCENT.SAYS AT QUARTER END, TOTAL EXPOSURE TO COMMERCIAL REAL ESTATE AT 5.7 PERCENT OF WHICH NIL ARE SMA 2.SAYS THERE WERE MATERIAL EVENTS WITH RESPECT TO AN INFRASTRUCTURE AND FINANCIAL SERVICES CONGLOMERATE.BANK HAS NIL EXPOSURE TO THE PARENT/ NBFC/ FINANCIAL SERVICES ENTITY OF AN INFRASTRUCTURE AND FINANCIAL SERVICES GROUP.SAYS BANK HAS EXPOSURES TO ASSET RICH SUBSIDIARIES/ SPVS WITH ENTERPRISE VALUE COMMENSURATE WITH DEBT LEVEL.  Full Article

Yes Bank Says Search & Selection Committee To Evaluate Internal And External Candidates For MD, CEO
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Yes Bank Ltd ::SAYS AFTER BOARD MEETING, TWO EXTERNAL EXPERTS OF THE 'SEARCH & SELECTION COMMITTEE' WILL BE FINALIZED BY OCTOBER 7, 2018.SAYS BANK HAS SUBMITTED APPLICATION TO RBI FOR THEIR APPROVAL ON APPOINTMENT OF EXECUTIVE DIRECTORS.MANAGEMENT CLARIFIES THAT THE ASSET QUALITY CONTINUES TO BE STABLE.SEARCH & SELECTION COMMITTEE' WILL EVALUATE BOTH INTERNAL AND EXTERNAL CANDIDATES FOR MD&CEO'S SUCCESSION.  Full Article

Yes Bank Says Co Has No Dealings With Three Sisters Family Office
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Yes Bank Ltd ::SAYS CO CONFIMRS IT IS COMPLIANT WITH SCHEDULE-II CORPORATE GOVERNANCE OF SEBI, 2015.SAYS CO HAS NO DEALINGS WITH THREE SISTERS FAMILY OFFICE.  Full Article

Yes Bank Says Co Decided Rana Kapoor Be Given Extension Beyond Jan 31, 2019
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Yes Bank Ltd ::SAYS CO ESTABLISHED A "SEARCH & SELECTION COMMITTEE" TO SEARCH FOR NEXT MD, CEO.DECIDED RANA KAPOOR BE GIVEN FURTHER TIME IN HIS CURRENT POSITION BEYOND JANUARY 31, 2019.SAYS APPOINTED RAJAT MONGA AND PRALAY MONDAL AS EXECUTIVE DIRECTORS.YES BANK - DECIDED THAT RBI BE REQUESTED AN EXTENSION UPTO MINIMUM APRIL 30, 2019, FOR FINALIZATION OF AUDITED FINANCIAL STATEMENTS FOR FY ENDING 2019.YES BANK - SUBJECT TO RBI APPROVAL, WILL SEEK EXTENSION UPTO SEPT 30, 2019 FOR STATUTORY AGM PROCESS TO BE COMPLETED.  Full Article

Yes Bank Reiterates Credit Cost Guidance For FY19 At 50-70BPS
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Yes Bank Ltd ::BANK, MD& CEO WILL BE FULLY GUIDED BY ITS BOARD, RBI, STAKEHOLDERS; MANAGEMENT REMAINS COMMITTED TO PROTECT INTERESTS OF ALL OF ITS STAKEHOLDERS.REITERATES THE CREDIT COST GUIDANCE FOR FY19 AT 50-70BPS.  Full Article

Yes Bank Says Capital Raising Committee To Consider Proposal To Raise Funds By Issuing Debt Securities
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Yes Bank Ltd ::BOARD'S CAPITAL RAISING COMMITTEE TO CONSIDER PROPOSAL TO RAISE FUNDS BY ISSUING DEBT SECURITIES.  Full Article

Yes Bank Says RBI Allows CEO Rana Kapoor To Continue Till Further Notice
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - :RBI ALLOWS YES BANK'S RANA KAPOOR TO CONTINUE TILL FURTHER NOTICE - ET.YES BANK SAYS RBI ALLOWS CEO RANA KAPOOR TO CONTINUE TILL FURTHER NOTICE.  Full Article

Yes Bank Says Credit Cost Guidance For FY19 At 50-70 BPS
Thursday, 26 Jul 2018 

July 26 (Reuters) - Yes Bank Ltd ::SAYS TOTAL EXPOSURE OF 6.55 BILLION RUPEES ACROSS 7 ACCOUNTS IN NCLT LIST 2.CO HAS RESIDUAL EXPOSURE TO ONLY ONE ACCOUNT ON NCLT 1 LIST WITH AN EXPOSURE OF 234 MILLION RUPEES.SAYS CREDIT COST GUIDANCE FOR FY19 AT 50-70 BPS.SAYS MTM LOSSES OF 2.78 BILLION RUPEES WILL BE AMORTIZED DURING FY19 UNDER RBI DISPENSATION.SAYS PROVISION OF 927 MILLION RUPEES WAS TOWARDS MTM LOSSES ON BONDS IN JUNE QUARTER.  Full Article

Indian shares end higher ahead of state election results

* NSE index ended 0.58 pct higher, BSE closed 0.54 pct firmer