As per the details updated on YES Bank website, the penalty charge will be increased to 0.50 per cent from the existing 0.25 per cent in case the tenure of FD (completed) is less than or equal to 181 days.
Tag: Yes Bank
Yes Bank, Indiabulls Housing Finance to give home loans under co-lending model
Under this strategic co-lending agreement, they will offer home loans to homebuyers at competitive interest rates, Yes Bank and Indiabulls Housing Finance said in a joint release on Wednesday.
Yes Bank shares soar 5% on repayment of Rs 35,000 cr to RBI
At 11.27 a.m., shares of Yes Bank on the BSE were at Rs 15.78, higher by 4.99 per cent from its previous close.
Yes Bank’s Rs 15K cr further public offering opens on July 15
In a regulatory filing, the bank on Thursday said that it has reserved a portion of up to Rs 200 crore for its employees.
SBI okays up to Rs 1,760 cr investment in Yes Bank’s FPO
The development comes a day after Yes Bank’s board approved raising funds through an FPO.
Yes Bank to auction assets of Avantha Holdings, Oscar Investments
The sale of immovable assets will take place later in the month under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.
Rana Kapoor’s wife Bindu was director in 42 companies, some named in CBI FIR
New Delhi: Bindu Rana Kapoor was a director in at least 42 companies, many of them investment companies, data accessed shows, some of whom have been named in the FIR registered by the CBI for receiving kickbacks to the tune of Rs 600 crore from DHFL as a builder loan.[Read More…]
Yes Bank crisis: RBI announces draft scheme of reconstruction, says SBI ready to invest
State Bank of India has expressed its willingness to make an investment in Yes Bank and participate in its reconstruction scheme, it said.
Here’s what you should do if you are a YES Bank depositor
A government notification said depositors can now pull out a maximum of Rs 50,000 per head even if an individual has more than one accoun
PhonePe services hit as partner Yes Bank put under moratorium
Sameer Nigam, founder CEO of the company, however, confirmed that the outage is a result of placement of Yes Bank under the moratorium.
Ravneet Singh Gill to be Yes Bank MD, CEO
Mumbai, Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1. The Reserve Bank of India (RBI) gave its approval to replace current MD and CEO Rana Kapoor, whose term ends on January 31, with Gill, Yes[Read More…]
RBI directs Yes Bank to appoint CEO Rana Kapoor’s successor by February 1
Reserve Bank of India has reaffirmed Yes Bank to appoint a new Chief Executive Officer for the company by February 01, 2019. The RBI on Wednesday directed the private sector lender bank to look for a successor and get the appointment procedure done by February next year. The private sector[Read More…]
MDR rates on debit card payments slashed by RBI
The Reserve Bank of India on Friday decided to slash Merchant Discount Rate (MDR) charges on payments made through debit cards. For transactions of up to Rs 1,000, MDR will be capped at 0.25% of the transaction value. For transactions above Rs 1000, and up to Rs 2000, MDR will[Read More…]
Ola Cabs to soon deliver cash via micro ATMs at your doorstep
Taxi aggregator Ola and private lender Yes bank are jointly working on a mobile solution wherein cabs will bring cash to your doorstep via micro ATMs powered by the bank. “This is part of our commitment to serve as many customers as possible. We are working on a mobile solution[Read More…]