For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.
Yes Bank Founder, Managing Director and CEO Rana Kapoor is confident that the potential is huge and risks close to none. The bank has around 8,000 relationships in this segment and claims to have mapped about 150,000 such relationships.
Eyeing growth of at least 40 per cent in loans in the current financial year, Yes Bank on Friday said it would recruit 900 people, including 500 specialists, in the next nine months to drive expansion in six key segments.
Producer Guneet Monga and her fiance Sunny Kapoor threw a grand cocktail party on Sunday, December 11, a day before their wedding.
Sukanya Verma recaps all those events from 25 years ago.
Yes Bank plans 100 bps cut, other private players to wait; public sector may move first. The bank, which currently disburses loans to corporate clients at around 17 per cent, may also pare deposit rates by 50 basis points in December.
Check out the arrivals.
A look at the top tweets from your favourite Bollywood celebrities:
Birthday wishes have been pouring in for Ranbir Kapoor as he turns 40 on September 28.
The Delhi high court on Wednesday dismissed a bail plea by Avantha Group promoter Gautam Thapar in a Rs 500-crore money laundering case lodged by the Enforcement Directorate (ED). Justice Manoj Kumar Ohri denied the relief to Thapar, who was arrested under the Prevention of Money Laundering Act (PMLA) on August 3, 2021, after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The detailed order of the high court is awaited.
Shagun Kapur Gogia might not have convinced her uncle Rana Kapoor, managing director and chief executive of YES Bank, to appoint her as a board member of the bank, but it appears she has successfully carved out her own space in the financial world.
New-generation Yes Bank is in talks with Asian Development Bank for Rs 100 crore (Rs 1 billion) debt.
The Enforcement Directorate has arrested the chairman and the managing director (MD) of Mumbai-based Omkar Realtors and Developers in connection with a money laundering case against them linked to the alleged loan fraud in Yes Bank, official sources said on Wednesday.
Shahid Kapoor packs in a lot of blood and gore in his new film, Bloody Daddy, directed by Ali Abbas Zafar (Tiger Zinda Hai, Gunday).
Yes Bank, the new private sector banking entity, has filed a draft Red Herring Prospectus with the Securities and Exchange Board of India for its initial public offering of seven crore equity shares.
They were arrested with the 'cooperation of district authorities of Satara on the strength of Non-bailable Warrant of Arrest issued by the Court of Special Judge, CBI Cases, City Sessions Court, Mumbai', CBI spokesperson R K Gaur said in New Delhi.
Rabo India, the 100 per cent arm of Netherlands-based Rabo Bank, will start merchant banking from March.\n\n\n\n
Will these 2024 releases -- bookended by Rajinikanth no less -- make a dhamaka at the box office?
Suparn Verma's Web series, The Trial, adapted from the American show The Good Wife has been getting rave reviews.
Yes Bank is likely to hit the market in the second week of May with its Initial Public Offer of 7 crore (70 million) shares to raise up to Rs 300 crore (Rs 3 billion).
He went on a road trip from Dharamsala to Kaza.
Tiger's difficult smiles after action shoot while Hrithik learns to smile...
Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.
Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
Arjun-Bhumi are at Rohtang Pass... Sayani's in Rome... Akshay's in Varanasi...
While the court refused to order a stay on the AGM, it directed YES Bank to advance its board meeting by a month to June 27 and consider Gogia's appointment as a director on the bank's board.
Bombay or Mumbai? Was a senior minister miffed by a breach of protocol? Why did the police commissioner not find a place on the dais? Vignettes from 'Make in Mumbai.'
There's so much entertainment coming your way this July. From exciting theatre releases to fun OTT watch, there's so much happening.
The pilot of Vishal Bhardwaj's much-anticipated adaptation of Agatha Christie's The Sittaford Mystery is here. Aditya Roy Kapur's hotel manager takes on Anil Kapoor's all-powerful arms dealer. Idris Elba is back in action. Sukanya Verma shares her OTT recommendations this week.
The stars Pradeep Bandekar spotted over the weekend.
Vaani glams up... Kajol loves black... Esha goes traditional...
Nushrratt and Jacqueline at the Ram Setu mahurat... Chiranjeevi launches a teaser of Rana's film...
Its success script: Investing more in local content ecosystem; growing its partnership footprint.
Yes Bank CEO's daughter Radha Kapoor -- the woman who brought New York's iconic Parsons School of Design to India -- now brings French luxury label Longchamp to Indian shores.
Following the 30-day moratorium placed on Yes Bank, asset management companies have asked their clients, who have bank accounts with the troubled lender, to furnish details of alternate accounts for receiving redemption payouts. Redemption is the return of an investor's principal on a fixed income security such as a bond, mutual fund or preferred stock.
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