An unassuming leader, Prashant Kumar has led an ailing Yes Bank out of the woods on a steep trek to the top. He is exploring acquisitions to grow the bank and stay profitable, while building the deposit franchise
BY SALIL PANCHAL, Forbes India Staff13 min readPUBLISHED: Oct 3, 2022 12:41:45 PM ISTUPDATED: Oct 3,...
13 Jan, 2021
AuthorGaurav Raghuvanshi
Investor aversion and strained government finances could complicate the capital plans for some Indian banks, particularly state-owned ones, after the central bank's latest stress tests indicate that some lenders' capital could fall below minimum regulatory requirements this year in the aftermath of the coronavirus pandemic.
As forbearance...
Rohini Mohan India Correspondent
PUBLISHEDSEP 26, 2021, 4:47 PM SGT
BANGALORE - With unpaid corporate loans at a record high in India, the government has set up a "bad bank" to resolve such loans, paving the way for a major clean-up of the banking system.
Flush with 30.6 billion rupees (S$560 million), the...
As Rana Kapoor, the co-founder and chief executive officer of Yes Bank Ltd., prepares to exit officetwo months from now, both he and the bank he built have become subjects of intense scrutiny.
On Tuesday, rating agency Moody’s Investors Service cut the bank’s rating citing corporate governance concerns. The agency cited recent resignations from the...
The Bombay High Court on Monday declined Kotak Mahindra Bank’s plea for a stay on the Reserve Bank of India (RBI)’s December 31 deadline to reduce its promoter stake holding.
This, in effect, would mean that the private sector lender has a little more than 10 days to lower its...
Hazari told Newsclick: “Except for a few special purpose vehicles which have ring-fenced their cash flows, the entire IL&FS group will be NPA for banks & NBFCs.”
Securities lawyer Sandeep Parekh has accused SEBI analyst and The Wire columnist Hemindri Hazari, who also happens to be a columnist at the Wire, of writing a slanted opinion piece on HDFC Bank's process to determine the new MD based on established falsehoods
OPINDIA STAFF FEBRUARY 4, 2020
A SEBI Research...
BY SALIL PANCHAL, NEHA BOTHRA, 8 min read PUBLISHED: Mar 24, 2022 11:17:01 AM IST UPDATED: Mar 24, 2022 11:46:09 AM IST
Since founder Kapoor’s departure as managing director and chief executive of Yes Bank, several of these large exposures of the private sector lender have soured.
Livemint | By Gopika Gopakumar, Deborshi Chaki, MumbaiUPDATED ON JUL 30, 2021 02:23 AM IST
Two years after Rana Kapoor’s exit, Yes Bank continues to grapple...
