Prashant Kumar was first appointed as the administrator of Yes Bank in March' 20, when the troubled lender was reconstructed ...

A former Deputy Managing Director and Chief Financial Offer (CFO) at India's largest lender State Bank of India (SBI), Kumar ...

The uptick followed an upgrade by global rating agency Moody's, which raised the private lender's rating to Ba2 from Ba3 and ...

Amid the stock decline, the Reserve Bank of India (RBI) has extended the tenure of Prashant Kumar as the Managing Director ...

The extension comes as the Mumbai-based bank has launched the search for a new CEO and is engaging with global recruitment ...

Yes Bank board approves raising ₹16,000 crore through equity and debt for business growth, including stake sale to SMBC.

In a board meeting held on June 3, approval was granted to raise Rs 16,000 crore through capital market instruments for diluting at 20% stake in Yes Bank. The fundraising plan is in two tranches.

Following its landmark agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), Yes Bank announces a capital raising plan of Rs 16,000 crore through equity and debt, while limiting equity ...

International rating agency Moody's has upgraded the rating of Yes Bank to Ba2 from Ba3, and has changed its outlook to ...

Yes Bank's board approves fund-raising plan of ₹16,000 crore and AoA changes as part of its agreement with Sumitomo Mitsui ...

in line with the share purchase agreement dated May 9 signed by Yes Bank, Sumitomo Mitsui Banking Corporation (SMBC) and State Bank of India (SBI). These amendments are subject to approvals from the ...

Yes Bank's board has approved a plan to raise funds. The bank aims to secure ₹7,500 crore through equity and ₹8,500 crore via debt instruments in fiscal year 2026. This fundraising will occur in ...