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Yes Bank Ltd (YESB.BO)

YESB.BO on Bombay Stock Exchange

323.60INR
5:15am EST
Change (% chg)

Rs7.20 (+2.28%)
Prev Close
Rs316.40
Open
Rs316.00
Day's High
Rs325.90
Day's Low
Rs316.00
Volume
792,988
Avg. Vol
894,751
52-wk High
Rs383.25
52-wk Low
Rs275.15

Latest Key Developments (Source: Significant Developments)

Yes Bank ‍Announces Listing Of $600 Mln MTN Bond On India Inx​
Wednesday, 14 Feb 2018 05:38am EST 

Feb 14 (Reuters) - Yes Bank Ltd ::SAYS ‍ANNOUNCES LISTING OF ITS DEBUT $600 MILLION MTN BOND ON INDIA INX​.  Full Article

India's Yes Bank Total Exposure Of 13.42 Bln Rupees To 9 Borrowers Ordered By RBI To Be Taken To NCLT
Thursday, 18 Jan 2018 04:55am EST 

Jan 18 (Reuters) - India's Yes Bank ::SAYS TOTAL EXPOSURE OF 13.42 BILLION RUPEES TO NINE BORROWERS ORDERED BY RBI TO BE TAKEN TO NCLT.SAYS CARRYING PROVISION OF 51 PERCENT ON LOANS IN RBI FIRST LIST FOR NCLT, 43 PERCENT FOR SECOND LIST.  Full Article

Yes Bank Sept qtr profit up 25 pct
Thursday, 26 Oct 2017 06:48am EDT 

Oct 26 (Reuters) - Yes Bank Ltd :Sept quarter net profit 10.03 billion rupees .Consensus forecast for Sept quarter net profit was 10.27 billion rupees.Sept quarter interest earned 48 billion rupees versus 40.60 billion rupees last year.Sept quarter provisions 4.47 billion rupees versus 1.62 billion rupees last year.Sept quarter gross NPA 1.82 percent versus 0.97 percent previous quarter.Sept quarter net NPA 1.04 percent versus 0.39 percent previous quarter.Sept quarter NIM 3.7 percent.Says no additional account was restructured through S4A route during quarter ‍​.Says divergence in gross NPAs 63.55 billion rupees in quarter.Says divergence in provisioning 15.36 billion rupees in qtr‍​.Net profit in sept quarter last year was 8.02 billion rupees.Adjusted net profit after tax for year ended march 31, 2017 after taking into account divergence in provisioning was 23.16 billion rupees.The profit alert was first sourced from TV and later confirmed as 10.03 bln rupees from a release on the BSE.  Full Article

Yes Bank cuts savings account interest rate for INR 1 crore and above to 6.25 pct p.a.
Wednesday, 16 Aug 2017 08:23am EDT 

Aug 16 (Reuters) - Yes Bank Ltd ::Says cuts savings account interest rate for balances INR 1 crore and above by 25 BPS to 6.25 percent P.A..Says cuts savings account interest rate for balances less than 100,000 rupees by 100 BPS to 5 percent P.A..Says keeps savings account interest rates for balances between INR 100,000 to INR 10 million at 6 percent per annum.  Full Article

Yes Bank seeks members' nod for 1:5 stock split
Wednesday, 9 Aug 2017 05:29am EDT 

Aug 9 (Reuters) - Yes Bank Ltd ::Seeks members' nod for 1:5 stock split.  Full Article

Yes Bank says co included in FTSE4Good Emerging Index
Monday, 31 Jul 2017 05:57am EDT 

July 31 (Reuters) - Yes Bank Ltd :Says Yes Bank included in FTSE4Good Emerging Index.  Full Article

India's Yes Bank says does not expect any major impact on asset quality
Wednesday, 26 Jul 2017 06:42am EDT 

July 26 (Reuters) - Yes Bank Ltd Chief Executive Rana Kapoor says::Overall exposure to "sensitive" electricity sector falls to 10.6 percent at end-June.75 percent of corporate loan exposure 'A' or better rated⁠⁠⁠⁠.Cuts branch expansion plan.Aims to have 1800 branches by March 2020 vs 2500 planned earlier.May also curtail investment in ATMs to bank digitally.Co doesn't expect any major impact on asset quality.Reiterates full-year credit cost guidance at between 50 bps and 70 bps.Co sees full year credit growth at 30 percent.  Full Article

India's Yes Bank June-qtr net profit up 32 pct
Wednesday, 26 Jul 2017 04:59am EDT 

July 26 (Reuters) - Yes Bank Ltd :June quarter net profit 9.66 billion rupees versus net profit of 7.32 billion rupees year ago.Yes Bank Ltd consensus forecast for June quarter net profit was 9.56 billion rupees.June quarter interest earned 46.54 billion rupees versus 38.02 billion rupees year ago.Says NIM expanded to 3.7% for Q1FY18 from 3.6% in Q4FY17.June quarter provisions 2.86 billion rupees versus 2.07 billion rupees year ago.June quarter gross npa 0.97 percent versus 1.52 percent previous quarter.June quarter net npa 0.39 percent versus 0.81 percent previous quarter.Says bank recovered 5.46 billion rupees (about 60% of total exposure) in Q1FY18 with further time bound recoveries expected in Q2FY18‍​.Provision of INR 2.28 billion retained against remaining sustainable debt exposure which is currently expected to be upgraded in June 2019.Says as at June 30, 2017 provision coverage ratio stands at 60.0 percent.Says no new restructuring; sale to ARC; SDR; 5:25 refinancing; S4A during the quarter.Says approves sub-division of existing 1 equity share of face value of INR 10 each fully paid up into 5 equity shares of INR 2‍​.  Full Article

Yes Bank says Santander signs agreement with co to boost UK-India trade, local business networking opportunities
Tuesday, 4 Jul 2017 07:23am EDT 

July 4 (Reuters) - Yes Bank Ltd ::Says Santander signs a new agreement with Yes Bank to boost UK-India trade and local business networking opportunities.Via new partnership, Santander will be able to offer its clients access to banking facilities, local support in India through Yes Bank's network.Via new partnership, co's customers will gain access to financial, practical support that Santander offers businesses looking to trade internationally.  Full Article

Yes Bank to consider subdivision of shares
Monday, 3 Jul 2017 06:51am EDT 

July 3 (Reuters) - Yes Bank Ltd :Says to consider subdivision of shares.  Full Article

BRIEF-Bemco Hydraulics To Go For Multiple Banking With Yes Bank And SBI

* TO DISCONTINUE CONSORTIUM BANKING AND GO FOR MULTIPLE BANKING WITH YES BANK AND SBI