yes bank


Yes Bank now owns over 17% stake in Fortis Healthcare

Mar 13 2018

Yes Bank said its owns over 17 percent stake in Fortis Healthcare post invocation of pledge of equity shares after default by promoters group companies.

Sensex drops 162 pts, Nifty slips below 10,500 on US rate hike

Feb 28 2018

Nifty dipped below the key 10,500-level to touch a low of 10,461.55 and finally concluded 61.45 pts, 0.58% down at 10,492.85.

Sensex surges 200 points, Nifty above 10,400-level

Feb 23 2018

BSE Sensex rose over 200 points on sustained buying in key frontline counters led by metal, healthcare, basic material, telecom, banks and finance stocks.

Apollo Hospitals issues letters of comfort for Rs 101 crore

Feb 19 2018

Apollo Hospitals said it has issued letters of comfort (LOC) worth Rs 101 cr relating to credit facilities availed by its subsidiary companies.

'Nil' exposure to entities involved in jewellery sector fraud

Feb 16 2018

The private sector Yes Bank said it has "nil exposure" to the entities that were associated with the fraud in the gems and jewellery sector.

Sensex pares morning gains, falls over nearly 200 pts

Feb 16 2018

BSE Sensex pared its initial gains to turn negative in afternoon session, down 198.25 pts, or 0.58%, due to correction seen in banking, financial and auto stocks.

US corp tax cut to have consequences for stock market: Singh

Feb 15 2018

Singh said the US corporate tax rate cut would have consequences for Indian stock market and the ripple effects are becoming visible.

Equity indices surge on global cues; banks, IT stocks gain

Feb 15 2018

Positive global cues, coupled with healthy buying in metals, banking and IT stocks, pushed the key Indian equity indices higher during the mid-afternoon trade session.

Sensex sheds 144 points in late sell-off; bank stocks sink

Feb 14 2018

In the banking space, Yes Bank slipped 4.40 per cent, SBI 4.06 per cent, Axis Bank 3.35 per cent and ICICI Bank 2.29 per cent.

SBI picks right time to pivot, is well-positioned for growth

Feb 12 2018

Recently, SBI reported an unexpected dip into the red. It’s a poor start to the tenure of new Chairman Rajnish Kumar, but he has a good idea of where the bank is headed.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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