Yes Bank – News Express

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ICICI Bank Q2 net jumps 14% to Rs 11,000 crore, Yes Bank’s up 145% to Rs 553 crore – Times of India

adminOctober 27, 202403 mins

MUMBAI: ICICI Bank reported a record quarterly net profit of Rs 11,746 crore for the quarter ended September 30, marking a 14.5% increase from Rs 10,261 crore in the same period last year. Net interest income (NII) rose 9.5% to Rs 20,048 crore, compared to Rs 18,308 crore in the corresponding quarter of the previous…

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Yes Bank stake sale hits hurdle over 51% rule – Times of India

adminSeptember 12, 202403 mins

MUMBAI: Yes Bank’s proposed sale to a private buyer has hit a hurdle as potential buyers seek a 51% shareholding, which is not allowed under existing rules. The development is likely to push the exit of major Indian banks that hold a majority stake in the private lender beyond the current financial year.Reports have indicated…