Topic: Yes Bank
YES Bank to completely sell its mutual fund business operations
Mumbai headquartered Yes Bank declared its intention to cease its mutual fund business operations by selling out all its holdings in asset management and trustee subsidiaries. Wholly owned...
RBI appoints R Gandhi and Ananth Narayan on Yes Bank Board
The Reserve Bank of India (RBI) has appointed former RBI Deputy Governor R Gandhi and former banker Ananth Narayan on the board of Yes Bank. They have been...
Union Cabinet approves Yes Bank reconstruction plan
The Union Cabinet approved a reconstruction plan proposed by the RBI for providing financial assistance to the Yes Bank. Union Finance Minister announced that the authorised capital of Yes Bank has been...
SBI to infuse Rs.725 Cr into Yes Bank
The Reserve Bank of India drafted a reconstruction plan of Yes Bank recently. As per the plan, the investor bank shall buy 49% stake in Yes Bank. Recently,...
RBI unveils Yes Bank revival scheme
The Reserve Bank of India recently unveiled a draft scheme of revival Yes Bank, which has been put under the control of RBI. RBI also announced that State...
RBI capped Rs 50,000 as withdrawal limit of YES Bank customers: What is YES BANK CRISIS in news?
On March 5, 2020, the Reserve Bank of India imposed a month-long moratorium. Also, the Apex Bank has imposed withdrawal restrictions of Rs 50,000 to the customers. However,...
National Tourism Day observed on 25th January
The`National Tourism Day’ is being celebrated every year on 25th January in India to raise awareness of the global community and about the importance of tourism for the...
Yes Bank lists $600 million MTN bond on India INX
India’s fifth largest private sector lender Yes Bank has listed 600 million bond issued under its maiden 1 billion MTN programme on Global Securities Market (GSM) of India...