Yes Bank Loss

Yes Bank, post market-hours on Wednesday reported a net profit of Rs 2,628.61 crore for the quarter ended March 31, as against a loss of Rs 1,506.64 crore for the corresponding period a year ago.

The bank's total interest income fell 7.47 per cent to Rs 5,221.34 crore in the fourth quarter of financial year 2019-20.

Yes Bank reported on Saturday a staggering Rs 18,654-crore loss for the December quarter due to higher recognition of dud assets on the books, and an erosion of capital buffers to the brink. The gross non-performing assets shot-up to Rs 40,709 crore or 18.87 per cent of assets as of December 31, 2019, up from the preceding September quarter's Rs 1...

Yes Bank, which was put under moratorium by the government last week, had reported a net profit of Rs 1,000 crore in the year-ago period and a loss of Rs 629 crore in the preceding September quarter.

The country's largest lender State Bank of India (SBI) on Thursday said that the lender's board has approved ofpurchase of 725 crore shares in Yes Bank Ltdat a price of Rs 10 per share. The announcement suggests that the state-owned lender will infuse a total capital of Rs 7,250 crore in the crisis-ridden Yes Bank.

Loans worth Rs 20,000 crore out of Rs 30,000 crore sanctioned by Rana Kapoor, during his tenure as chief of the crisis-ridden Yes Bank, turned into bad debts, the Enforcement Directorate (ED) told a special court on Wednesday. According to news agency PTI, the submission was made by ED to a Prevention of Money Laundering Act (PMLA) court in Mumbai ...

Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a moratorium by the Reserve Bank till April 3, during which customers are not allowed to withdraw more than Rs 50,000, had depos...

Investments worth over Rs 2,000 crore, 44 expensive paintings and a dozen alleged shell firms are at the heart of ED's investigations against Yes Bank founder Rana Kapoor who was arrested by the agency on Sunday on money laundering charges, officials said.

A day after the Reserve Bank of India (RBI) suspended the Yes Bank's board for a period of 30 days "owing to serious deterioration in the financial position of the Bank" and imposed a withdrawal limit of Rs 50,000 on its account holders till April 3, Finance Minister Nirmala Sithraman assured depositors that there will be no loss to any Yes Bank de...

Domestic stock markets suffered sharp losses in early trade on Friday amid a selloff across the world as the spread of the coronavirus pandemic stoked fears of recession. RBI's action of seizing control of the beleaguered Yes Bank and possible ramifications on the financial system also dented sentiments on Dalal Street. The S&P BSE Sensex index no...

Yes Bank's loss of mom-and-pop deposits in September was manageable in the end, though it pointed to a risk for the lender whose peers HDFC Bank Ltd. and ICICI Bank Ltd. drew more savings from customers during that period

More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are high.

The S&P BSE Sensex and NSE Nifty 50 indices extended losses in noon deals dragged by losses in HDFC, State Bank of India, ITC, Axis Bank, IndusInd Bank, Larsen & Toubro and Yes Bank. Earlier in the day, the benchmarks fluctuated between gains and losses amid volatile trade after starting the session on a positive note amid gains in Asian peers. The...

Retail banking loans grew 30 per cent year-on-year and was 20 per cent of the total loan book, Yes Bank said in earning release.

Gains in HDFC, Larsen & Toubro, ITC and HCL Technologies were offset by losses in Infosys, ICICI Bank and Axis Bank.

Yes Bank, post market-hours on Wednesday reported a net profit of Rs 2,628.61 crore for the quarter ended March 31, as against a loss of Rs 1,506.64 crore for the corresponding period a year ago.

The bank's total interest income fell 7.47 per cent to Rs 5,221.34 crore in the fourth quarter of financial year 2019-20.

Yes Bank reported on Saturday a staggering Rs 18,654-crore loss for the December quarter due to higher recognition of dud assets on the books, and an erosion of capital buffers to the brink. The gross non-performing assets shot-up to Rs 40,709 crore or 18.87 per cent of assets as of December 31, 2019, up from the preceding September quarter's Rs 1...

Yes Bank, which was put under moratorium by the government last week, had reported a net profit of Rs 1,000 crore in the year-ago period and a loss of Rs 629 crore in the preceding September quarter.

The country's largest lender State Bank of India (SBI) on Thursday said that the lender's board has approved ofpurchase of 725 crore shares in Yes Bank Ltdat a price of Rs 10 per share. The announcement suggests that the state-owned lender will infuse a total capital of Rs 7,250 crore in the crisis-ridden Yes Bank.

Loans worth Rs 20,000 crore out of Rs 30,000 crore sanctioned by Rana Kapoor, during his tenure as chief of the crisis-ridden Yes Bank, turned into bad debts, the Enforcement Directorate (ED) told a special court on Wednesday. According to news agency PTI, the submission was made by ED to a Prevention of Money Laundering Act (PMLA) court in Mumbai ...

Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a moratorium by the Reserve Bank till April 3, during which customers are not allowed to withdraw more than Rs 50,000, had depos...

Investments worth over Rs 2,000 crore, 44 expensive paintings and a dozen alleged shell firms are at the heart of ED's investigations against Yes Bank founder Rana Kapoor who was arrested by the agency on Sunday on money laundering charges, officials said.

A day after the Reserve Bank of India (RBI) suspended the Yes Bank's board for a period of 30 days "owing to serious deterioration in the financial position of the Bank" and imposed a withdrawal limit of Rs 50,000 on its account holders till April 3, Finance Minister Nirmala Sithraman assured depositors that there will be no loss to any Yes Bank de...

Domestic stock markets suffered sharp losses in early trade on Friday amid a selloff across the world as the spread of the coronavirus pandemic stoked fears of recession. RBI's action of seizing control of the beleaguered Yes Bank and possible ramifications on the financial system also dented sentiments on Dalal Street. The S&P BSE Sensex index no...

Yes Bank's loss of mom-and-pop deposits in September was manageable in the end, though it pointed to a risk for the lender whose peers HDFC Bank Ltd. and ICICI Bank Ltd. drew more savings from customers during that period

More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are high.

The S&P BSE Sensex and NSE Nifty 50 indices extended losses in noon deals dragged by losses in HDFC, State Bank of India, ITC, Axis Bank, IndusInd Bank, Larsen & Toubro and Yes Bank. Earlier in the day, the benchmarks fluctuated between gains and losses amid volatile trade after starting the session on a positive note amid gains in Asian peers. The...

Retail banking loans grew 30 per cent year-on-year and was 20 per cent of the total loan book, Yes Bank said in earning release.

Gains in HDFC, Larsen & Toubro, ITC and HCL Technologies were offset by losses in Infosys, ICICI Bank and Axis Bank.