View: Yes Bank needs an arranged match, or it’s No Bank
Is the RBI is so distracted fighting other fires that it would rather not have to think about Yes?
Share market update: Bank shares gain; RBL Bank rises 2%
The Nifty Bank index was trading 0.36 per cent up at 31,271.80.
Over 30 JNU teachers condemn 'unprovoked police brutality' against protesting students
"We condemn in the strongest terms the unprovoked poli...
Bank auditors have to be more vigilant
Under the new framework, statutory auditors, in verifying whether an NPA has been correctly identified by the bank, should not confine to the objective tests laid down but “display a greater degree of scepticism and independence” in scrutinising banks’ exposure to big borrowers.
There is no question of SBI helping out YES Bank: CFO
Any talk about SBI helping out YES Bank is just speculation. There is no truth in any of these talks. Any reluctance on the part of the bankers to lend has more to do with demand. Bankers are becoming more risk conscious, not risk averse. The way things are happening, gradually we are becoming more cautious about understanding the risk.
Share market update: PSU bank shares rise; Canara Bank gains 1%
The Nifty PSU Bank index was trading 0.43 per cent up at 2429.15 .
Net banking & card frauds up 50%, Delhi is ATM con capital
The numbers of ATM frauds in public sector banks were, however, more revealing. While State Bank of India, with over 58,000 ATMs across India at the end of March 2019, accounted for over 25% of the over 2 lakh cash dispensers, one in five frauds were reported at its ATMs. The second-placed IDBI Bank saw close to 1,800 frauds being reported.
Stock market update: Private banks edge higher; City Union Bank gains 2%
The Nifty Private Bank index was trading 0.31 per cent up at 17,291.1.
Stocks in the news: YES Bank, Bharti Airtel, Dish TV, Tata Motors and IDBI Bank
Concor said L & L Partners has been appointed as legal advisor for divestment of the firm
Ujjivan Small Finance Bank to make stock market debut on Thursday
Microfinance lender Ujjivan Financial Services is the holding company of Ujjivan Small Finance Bank.
SBI coming to the aid of YES Bank? No way, says CFO Kumar
YES Bank is seeking to raise $2 bn by issuing fresh equity and weighing a number of offers.
SoftBank takes loss in sale of Wag, dog-walking startup
Wag’s troubles have been particularly pronounced. After its investment, the Vision Fund brought in Hilary Schneider, former chief executive of LifeLock, to lead an aggressive expansion. But it lost ground to Rover, its top competitor. Reports of lost dogs and internal struggles hurt business.
YES Bank slips 15% on lack of clarity over fundraising plans
Ravneet Gill, CEO & MD, YES Bank said that if bank is unable to raise $2 billion then they will have moderate growth going ahead.
Reserve Bank of India February rate cut on a knife's edge: Poll
But the central bank acknowledged there was room for further cuts.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service