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Yes Bank Ltd (YESB.NS)

YESB.NS on National Stock Exchange of India

213.55INR
10:29am GMT
Change (% chg)

Rs-5.45 (-2.49%)
Prev Close
Rs219.00
Open
Rs201.00
Day's High
Rs216.70
Day's Low
Rs201.00
Volume
89,969,426
Avg. Vol
59,713,398
52-wk High
Rs404.00
52-wk Low
Rs146.75

Latest Key Developments (Source: Significant Developments)

Yes Bank Appoints Ajai Kumar As Interim MD & CEO
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Yes Bank Ltd ::SAYS UPDATE ON YES BANK BOARD MATTERS.SAYS APPOINTMENT OF AJAI KUMAR AS INTERIM MD & CEO.SAYS RANA KAPOOR DEMITS OFFICE AS MD & CEO OF YES BANK ON JANUARY 31,2019 UPON COMPLETION OF HIS TERM.APPROVED APPOINTMENT OF AJAI KUMAR AS INTERIM MD & CEO FROM FEB 1 FOR ONE MONTH OR TILL RAVNEET GILL ASSUMES OFFICE, WHICHEVER IS EARLIER.RBI APPROVES APPOINTMENT OF KUMAR AS INTERIM MD & CEO .  Full Article

Yes Bank Says Madhu Kapur Group & Rana Kapoor Group Agreed To Nominate 1 Representative Director Each On Bank's Board
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Yes Bank Ltd ::SAYS UPDATE ON YES BANK BOARD MATTERS.MADHU KAPUR GROUP AND RANA KAPOOR GROUP HAVE AGREED TO NOMINATE ONE REPRESENTATIVE DIRECTOR EACH ON THE BANK'S BOARD.TWO NEW APPOINTED DIRECTORS WILL BE ANNOUNCED AT THE NEXT SCHEDULED BOARD MEETING IN APRIL, 2019.RECOMMENDED TO RBI A SENIOR BOARD DIRECTOR FOR TEMPORARILY HOLDING OFFICE AS BOARD DIRECTOR ON INTERIM SPECIAL DUTY (MD,CEO'S RESPONSIBILITIES)FROM FEB 1.  Full Article

Deutsche Bank's India CEO Frontrunner For CEO Post At Yes Bank - Economic Times
Tuesday, 15 Jan 2019 

Jan 14 (Reuters) - :DEUTSCHE BANK'S INDIA CEO RAVNEET SINGH GILL IS THE FRONTRUNNER IN A TWO-HORSE RACE FOR THE CHIEF EXECUTIVE'S POST AT YES BANK - ECONOMIC TIMES.GILL AND YES BANK CFO RAJAT MONGA WERE THE TWO RECOMMENDED BY BOARD OF THE BANK FOR THE POSITION TO RESERVE BANK OF INDIA LAST WEEK - ECONOMIC TIMES.  Full Article

Yes Bank To Submit Finalised Name Of Potential Candidate For CEO To RBI On Jan 10
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Yes Bank Ltd ::FINALISED NAMES OF POTENTIAL CANDIDATES FOR THE POSITION OF MD& CEO.BOARD WILL SUBMIT APPLICATION TO RESERVE BANK OF INDIA ON JANUARY 10, 2019, SEEKING APPROVAL FOR THE APPOINBNENT OF THE NEW MD & CEO.  Full Article

Yes Bank Says It Sold 12.3 Mln Shares Of Paid-Up Capital Of Fortis Healthcare
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Fortis Healthcare Ltd ::HAS SOLD 12.3 MILLION SHARES CONSTITUTING 2.1279 PERCENT OF PAID-UP SHARE CAPITAL OF FORTIS HEALTHCARE IN VARIOUS TRANCHES.SALE RESULTS IN CHANGE IN HOLDING OF THE BANK BY MORE THAN 2% OF TOTAL SHAREHOLDING OF FHL, FROM LAST DISCLOSURE MADE ON MARCH 15, 2018.  Full Article

Yes Bank Says Final Recommendation For CEO To Be Submitted To RBI Post Next Board Meet On Jan 9
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Yes Bank Ltd ::NOMINATION & REMUNERATION COMMITTEE, BOARD FINALISED RECOMMENDATION FOR NON-EXEC PART-TIME CHAIRMAN AND SHALL SEEKING APPROVALS FROM RBI.SEARCH PANEL AND BOARD ON TRACK TO COMPLETE PROCESS FOR NEW MD&CEO APPOINTMENT WITHIN STIPULATED TIMELINES OF RESERVE BANK OF INDIA.FINAL RECOMMENDATION FOR CEO & MD WILL BE SUBMITTED TO RBI BY BOARD OF DIRECTORS POST THEIR NEXT MEETING SCHEDULED ON JANUARY 9, 2019.N&RC ALSO EVALUATED PROFILES FOR ADDITIONAL DIRECTORS ESPECIALLY WITH INFORMATION TECHNOLOGY EXPERTISE, TO LEAD BANK'S IT STRATEGY COMMITTEE.SSC DISCUSSED, DELIBERATED ON FINAL SHORTLISTED EXTERNAL & INTERNAL CANDIDATES PRESENTED BY KORN FERRY.SEARCH PANEL WILL ENGAGE WITH CEO CANDIDATES OVER NEXT FEW DAYS FOR FINALIZATION.  Full Article

Yes Bank Says Final Recommendation For CEO To Be Submitted To RBI Post Next Boad Meet On Jan 9
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Yes Bank Ltd ::NOMINATION & REMUNERATION COMMITTEE, BOARD FINALISED RECOMMENDATION FOR NON-EXEC PART-TIME CHAIRMAN AND SHALL SEEKING APPROVALS FROM RBI.SEARCH PANEL AND BOARD ON TRACK TO COMPLETE PROCESS FOR NEW MD&CEO APPOINTMENT WITHIN STIPULATED TIMELINES OF RESERVE BANK OF INDIA.FINAL RECOMMENDATION FOR CEO & MD WILL BE SUBMITTED TO RBI BY BOARD OF DIRECTORS POST THEIR NEXT MEETING SCHEDULED ON JANUARY 9, 2019.N&RC ALSO EVALUATED PROFILES FOR ADDITIONAL DIRECTORS ESPECIALLY WITH INFORMATION TECHNOLOGY EXPERTISE, TO LEAD BANK'S IT STRATEGY COMMITTEE.SSC DISCUSSED, DELIBERATED ON FINAL SHORTLISTED EXTERNAL & INTERNAL CANDIDATES PRESENTED BY KORN FERRY.SEARCH PANEL WILL ENGAGE WITH CEO CANDIDATES OVER NEXT FEW DAYS FOR FINALIZATION.  Full Article

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

Indian shares end in red as heavweights drag

Feb 18 Indian shares closed lower on Monday, dragged by losses across most sectors, as investors awaited cues after lacklustre growth in December quarter corporate earnings.