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Yes Bank News

13 Aug 2024

SBI Plans To Sell Its Rs 18,420 Crore Stake In Yes Bank By End Of March

SBI currently owns about 24% of Yes Bank, while 11 other lenders, including ICICI Bank and HDFC Bank, who were also part of Yes Bank's rescue, collectively hold 9.74%.

26 Jun 2024

Yes Bank Lays Off 500 Workers; More Job Cuts Likely: Report

The laid off employees will be given three months salary as severance package.

credit card rules

29 May 2024

From HDFC To IDFC: 4 Important Credit Card Changes You Need To Know

Bank of Baroda is increasing the late payment fees for credit cards starting from June 26.

21 Apr 2024

Yes Bank Founder Rana Kapoor Granted Bail By Mumbai CBI Court In Fraud Case

Kapoor had to face charges in eight cases filed by both the ED and the Central Bureau of Investigation (CBI) which was related to fraud at the Yes Bank.

02 Apr 2024

Yes Bank & IDFC First Bank To Impose Surcharge On Credit Card Utility Payments

IDFC First Bank will levy a surcharge, at 1 percent plus GST, but only when utility bill payments exceed Rs 20,000 in a statement cycle.

06 Feb 2024

HDFC Bank Gets RBI Approval To Acquire Up To 9.5% Stake In ICICI, 5 Others

HDFC Bank said that the RBI’s approval is valid for a period of one year from the date of RBI’s letter, i.e., till February 4, 2025.

22 Nov 2023

Yes Bank Revises FD Rates --Check Latest Rates For Public, Senior Citizens

Yes Bank said that Fixed Deposits have been revised with effect from 21 November 2023. Here are the latest Yes Bank FD Rates:

05 Oct 2023

Yes Bank, IndusInd Bank Revise Fixed Deposit Rate: Check Latest Interest Rates

RBI's three-day bi-monthly monetary policy committee (MPC) meeting started on October 4 amidst market speculations that the central bank might pause key interest rates this time too.

04 Aug 2023

SC Refuses Bail To Yes Bank Founder Rana Kapoor In DHFL Money Laundering Case

In 2018, Yes Bank allegedly invested Rs 3,700 crore in short-term debentures of DHFL.

12 Jun 2023

Latest FD Rates 2023: Axis vs HDFC vs ICICI vs Yes Bank FD Rate Compared

The FD rates for money under Rs 2 crore on certain tenors are listed below from private banks like HDFC Bank, ICICI Bank, Yes Bank, and Axis Bank.

22 Apr 2023

Yes Bank Q4 Net Drops 45% To Rs 202 Crore As Provisions Soar

The bank's core net interest income grew 15.4 percent in the March quarter to Rs 2,105 crore.

12 Jan 2023

FD interest rates 2023: THESE banks hikes fixed deposit rates in new year

12 Dec 2022

YES Bank' shares rise by 20% in past two trade sessions; Here's reason

Shares of Yes Bank have seen phenomenal rise in the past two trade sessions with the stocks upsurge over 20%. They are trading at Rs 20.90 on Monday, seen nearly 11% surge in the prices. This marks the two-years highest per share.

01 Dec 2022

No SMS account balance alert facility from today for THIS Bank's customers

YES BANK also provides a subscription based SMS alert facility which enables customers to receive additional alerts such as Debit / Credit alerts even for transactions without any threshold, alerts for Salary Credits, account balance alert at frequencies such as Daily/Bi-Weekly/Weekly/Fortnightly, etc.

29 Nov 2022

THIS BANK discontinuing SMS balance alert facility from December 01

YES bank however said that customers can use online facilities such as YES Mobile, YES Online, YES Robot to know their balance anytime, anywhere.

04 Nov 2022

ICICI Bank, Yes Bank Fixed Deposit Rates 2022 hiked; check latest return rate

Yes Bank has revised its fixed deposit rates with effect from November 3 ICICI Bank has revised its FD rates with effect from October 29 and November 4 for different categories Earlier, many private and public sector lenders revised their FD interest rate

14 Oct 2022

Yes Bank launches special FD; check interest rate, FD term & more details

Retail inflation in India is 7.41 per cent in September. The Yes Bank special FD has a term of 20 to 22 months. The FD interest rates came into effect on October 12, 2022.

10 Sep 2022

Yes Bank faces BIG action over unfair loan transactions, details here

The NCLAT found that more than 99 percent of the sanctioned amount – Rs 147.6 crore by Yes Bank in Mack Star's name. It also overturned the orders of the NCLT's Mumbai bench. The appellate tribunal decision followed a petition filed by Ocean Deity Investment Holdings, which owns 82.17 percent of Mack Star, challenging the NCLT order.

10 Aug 2022

Yes Bank Fixed Deposits' interest rates changes: Check out revised rates

New Interest rates on deposits below 2 crore will be effective from 10 August. Yes Bank gives 0.50 bp additional rates on normal interest rate for senior citizens. Fixed Deposits in Yes Bank are available between minimum 7 days to maximum 10 years.

Enforcement Directorate

03 Aug 2022

Yes Bank-DHFL case: ED attaches Rs 415 crore worth assets of builders

The Enforcement Directorate (ED) had issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) on Tuesday to attach the assets of Bhosale, worth Rs 164 crore, while Chhabria's assets are worth Rs 251 crore.

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