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"yes-bank"

  • ED questions Anil Ambani’s son Jai Anmol for second day in money laundering case

    The Enforcement Directorate questioned Jai Anmol Ambani for the second consecutive day in a money laundering probe linked to an alleged Yes Bank loan fraud. His statements were recorded under the PMLA as part of the ongoing investigation
  • ED questions Yes Bank co-founder Rana Kapoor in Anil Ambani group probe

    The Enforcement Directorate questioned Yes Bank co-founder Rana Kapoor in connection with a money laundering probe involving Reliance Anil Ambani Group companies, suspecting a quid pro quo linked to high-value bank exposure and investments that later turned non-performing
  • ED seizes Anil Ambani-linked assets worth Rs 3,084 crore in PMLA probe

    The Enforcement Directorate has attached assets worth Rs 3,084 crore linked to Anil Ambani, his group companies, and related entities under the PMLA in a money laundering probe involving alleged diversion of public funds and loan irregularities exceeding Rs 17,000 crore
  • Yes Bank Q2 profit jumps 18.3 per cent to Rs 654 crore

    Yes Bank posted an 18.3 per cent rise in Q2 net profit to Rs 654 crore, driven by growth in non-core income. Core NII, deposits, and operational efficiency improved. The bank aims 10 per cent credit growth and plans 80 new branches in FY2
  • SMBC raises stake in Yes Bank to 24.22 per cent, becomes largest shareholder

    Japanese lender SMBC has acquired an additional 4.22 per cent stake in Yes Bank, raising its holding to 24.22 per cent and becoming the largest shareholder. The move coincides with fresh AA- ratings for Yes Bank, signalling stronger governance, capital position, and performance
  • Japan’s SMBC buys 20 per cent of Yes Bank in biggest cross-border deal

    Japan’s Sumitomo Mitsui Banking Corporation (SMBC) acquired a 20 per cent stake in Yes Bank from SBI and other investors, becoming the largest shareholder. The deal strengthens governance, Japan–India trade flows, and corporate banking growth, with Yes Bank receiving upgraded AA- ratings.
  • RBI clears reappointment of R Gandhi as Yes Bank chairman

    The Reserve Bank of India has approved the reappointment of former Deputy Governor R. Gandhi as Yes Bank’s part-time chairman from September 2025 to May 2027. Gandhi, a veteran central banker with 37 years’ experience, previously served in RBI, SEBI, and IDRBT
  • ED raids 35 locations linked to Anil Ambani in Rs 3,000 cr Yes Bank fraud

    The Enforcement Directorate raided over 35 locations linked to Anil Ambani’s Reliance Group in a ₹3,000 crore Yes Bank loan fraud case. The probe revealed large-scale bribery, loan diversion, and shell companies used to siphon funds under the PMLA.
  • SMFG 20 per cent stake buy in Yes Bank to pave way for other foreign entrants in Indian banking sector: Fitch

    India's foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, it said
  • Yes Bank shares jump over 8 per cent

    The stock climbed 8.7 per cent to Rs 21.74 on the BSE. At the NSE, shares of the firm surged 8.39 per cent to Rs 21.70. The company's market valuation went up by Rs 1,415.15 crore to Rs 64,123.38 crore
  • SBI to sell 13 per cent stake in Yes Bank to Japanese SMBC for Rs 8,889 cr

    The executive committee of the central board (ECCB) of the bank in the meeting has accorded approval to divest 413.44 crore shares or equivalent to 13.19 per cent stake in Yes Bank, for a consideration of Rs 8,888.97 crore, SBI said
  • Yes Bank’s Q4 profit up 64 per cent to Rs 738 crore

    In the January-March 2025 quarter (Q4), Yes Bank reported a strong performance, with its net profit rising 63.7 per cent year-on-year (YoY) to Rs 738.12 crore
  • Warangal cops arrests two cyber fraudsters

    The fraudsters duped two persons to the tune of Rs. 28 lakh from Warangal and up on their complaint, the suspects Jaseel and Preethi were arrested
  • Supreme Court rejects bail plea of YES Bank’s founder Rana Kapoor

    Stating that the case has ‘rocked the entire banking system’, the Supreme Court on Friday rejected the bail plea of YES Bank’s founder Rana Kapoor on Friday.
  • ICICI Bank net profit rises 25% to Rs 6,194 crore

    Mumbai: ICICI Bank on Saturday said its net profit rose to Rs 6,194 crore ($833 million) in the third quarter of the current financial year, posting a year-on-year growth of 25 per cent. The bank’s core operating profit (profit before provisions and tax, excluding treasury income) increased by 25 per cent year-on-year to Rs 10,060 […]
  • Mastercard ban to impact five private banks

    Besides these five banks, Bajaj Finserve and SBI Card may face problems as they were also issuing cards of this payment gateway
  • CBI raids at Secunderabad in connection with loan fraud case

    It was alleged that the private company based at Gurugram/Delhi had availed a term loan facility of Rs 515 crore approximately from Yes Bank in December 2017.
  • CBI carries out searches in Yes Bank case

    The case has been registered on a complaint, dated May 27, 2021, from Chief Vigilance Officer of the Bank Ashish Vinod Joshi.
  • Affordplan Swasth, PRK hospital join hands

    The Affordplan Swasth card offers customers complete access to all services at PRK Hospital with financial benefits and a range of healthcare financing options for their entire family, a press release said.
  • PNB Housing Finance tie up with Yes Bank for co-lending

    PNB Housing and Yes Bank will jointly do due diligence and co-originate the loan at an agreed ratio.
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