Yes Bank share price rose 1% to ₹19, marking its fifth consecutive gain. The bank reported a net profit of ₹738.1 crore in Q4FY24, a 63.3% YoY increase, improving asset quality metrics significantly. KIE, however, retained a ‘Sell’ rating on Yes Bank shares amid valuation concerns.
2 min read22 Apr 2025The private lender has slashed interest rates on high-value savings accounts as it looks to reduce deposit costs. A sharper focus on selective retail lending and improved asset quality has helped drive a 63.7% jump in quarterly profit.
2 min read19 Apr 2025Yes Bank's share price dropped nearly 3% despite reporting an 8.2% YoY increase in loans and advances to ₹236,539 crore. Deposits rose by 6.8%, with CASA deposits increasing by 18.4%.
2 min read4 Apr 2025Stock market today: Indusind Bank, Titan Company, and other stocks hit 52-week lows as Indian markets reacted to global downturns. The Sensex dipped slightly while Nifty 50 rose marginally. Analysts forecast potential recovery for Nifty 50, with critical support at 22,400.
2 min read11 Mar 2025In December, mutual funds increased holdings in Healthcare and Consumer Durables, while Private Banks remained dominant. They recorded a net inflow of ₹41,155 crore in equity MFs, primarily in mid-cap and small-cap funds, reflecting investors' preference for higher returns despite risks.
3 min read15 Jan 2025Lenders are not just competing with one other but also equities, mutual funds and insurance products that have been drawing household savings.
5 min read24 Sep 2024RBI is okay with SMBC acquiring 51% in Yes Bank as an exceptional case since the private lender’s growth has been somewhat stifled in the absence of a stable, long-term promoter. But Banking Regulation Act bars any single bank shareholder from voting rights above 26%.
4 min read13 Sep 2024The race for acquiring a significant stake in Yes Bank is heating up, with the global CEO of a potential buyer set to visit India this week for discussions.
5 min read12 Aug 2024Stock market news: Yes Bank shares have fallen 5% in the last three straight sessions
3 min read25 Jul 2024Yes Bank shareholders can hold the scrip for short-term targets of ₹28 and ₹30, maintaining a strict stop loss at ₹23, say experts
2 min read22 Jul 2024The 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