E-PaperYes Bank Board News
Yes Bank increases capital raising ability
The bank raises its authorized share capital to ₹1000 crore from ₹800 crore The bank will need approvals from the Reserve Bank of India and shareholders to increase the authorized capital
1 min read30 Aug 2019Another Yes Bank director, Mukesh Sabharwal, resigns from board
On Monday, Ajai Kumar, who was made the bank's interim MD and CEO for one month after Rana Kapoor's exit, had resigned from the board due to personal reasonsSabharwal has mentioned that he wants to devote quality time on his academic pursuits and hence has tendered his resignation
1 min read11 Jun 2019Finally, Madhu Kapur and Rana Kapoor say Yes to peace terms
The move will ease the board’s functioning by giving it more flexibility in terms of appointment of directorsYes Bank said that a few of its directors had interacted with Madhu Kapur and her family recently
4 min read30 Jan 2019Yes Bank set to name Brahm Dutt as chairman, shares rise
A formal announcement on the appointment of Brahm Dutt as Yes Bank chairman is likely to be made next week after RBI approves the bank board's decision
1 min read15 Dec 2018Yes Bank is yet to find CEO Rana Kapoor’s replacement
Yes Bank shares fell sharply as the market was expecting some clarity on the CEO appointment front at its board meeting today
1 min read14 Dec 2018Timeline: Yes Bank’s tussle with RBI & the stormy aftermath
The developments since 19 November have knocked off about 34,500 crore ($4.95 billion) from Yes Bank market capitalization
4 min read3 Dec 2018Yes Bank appoints ex-IRDAI chief T.S. Vijayan as independent director
T.S. Vijayan's appointment would be subject to approval of Yes Bank shareholders at the next general meeting of the bank
1 min read3 Dec 2018RBI flagged violations at Yes Bank before ‘No’ to Rana Kapoor
RBI and Yes Bank exchanged at least eight letters related to persistent corporate governance failures at Yes Bank before rejecting a request to extend CEO Rana Kapoor's tenure
4 min read30 Nov 2018Yes Bank’s week of crisis: What all has happened so far
Yes Bank has had an tumultuous week, what with multiple rating downgrades amid a spate of bad news emerging on its corporate governance practices
3 min read29 Nov 2018Rana Kapoor seeks return as Yes Bank chairman after exit as CEO
Outgoing CEO Rana Kapoor seeks to become Yes Bank chairman if RBI and shareholders okay his appointment as director
4 min read29 Nov 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared