Recent events
Recent events tied to this brand in public sources.
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2020
Yes Bank launches digital overdraft facility against fixed deposits
Yes Bank launched a digital overdraft facility against fixed deposits for its customers, available through Yes Mobile and Yes Robot.
2020
YES Bank acquires 24.19% stake in Dish TV India
YES Bank acquired 44,53,48,990 equity shares in Dish TV India, constituting approximately 24.19% of its post-issue paid-up share capital, by invoking pledged shares following defaults or breaches of credit-facility terms.
2020
Yes Bank raises funds through certificates of deposit
Yes Bank reportedly raised Rs 3,500 crore through certificates of deposit with nearly six-month maturity, subscribed to by two large public sector banks. Moneycontrol said it could not independently verify the report.
2020
RBI announces two additional directors for Yes Bank’s board
The Reserve Bank of India announced the appointment of R Gandhi and Ananth Narayan as additional directors on Yes Bank’s board, effective March 26, for a two-year term.
2020
RBI announces Yes Bank reconstruction scheme
The Reserve Bank of India announced a reconstruction scheme for Yes Bank, which was under restrictions. It said State Bank of India had expressed interest in investing in Yes Bank and participating in the scheme, with a proposed holding of 49% after the infusion.
2020
PhonePe services suffered an outage
PhonePe services suffered an outage on Thursday after its banking partner Yes Bank was placed under a government moratorium. PhonePe's founder and CEO confirmed the moratorium caused the outage.
2020
RBI places Yes Bank under moratorium and caps withdrawals
The Reserve Bank of India put Yes Bank under a moratorium and capped withdrawals at Rs 50,000 per account until further orders. The article states this happened on Thursday evening, March 5, 2020.
2020
YES BANK launches XLrate Savings Account
YES BANK launched the XLrate savings account, which automatically transfers savings balances above Rs. 1 lakh into a fixed deposit.
2020
Yes Bank acquires 10.25% stake in Sical Logistics
Yes Bank acquired 6,000,000 equity shares in Sical Logistics on January 15 and held 10.25 percent of the company's paid-up share capital following invocation of a share pledge.
2020
Yes Bank acquires stake in Rosa Power
Yes Bank acquired approximately 29.97% of Rosa Power Supply Company, a Reliance Power subsidiary, through invocation of a pledge following a default or breach of credit-facility terms.
2020
Yes Bank director resigns citing governance concerns
Yes Bank independent director Uttam Prakash Agarwal resigned, citing corporate governance and compliance failures and expressing reservations about the bank’s capital-raising process and appointments under new management.
2020
Yes Bank board approves capital raising
Yes Bank’s board approved raising Rs 10,000 crore in fresh capital through a mix of debt and equity.
2020
Yes Bank independent director resigns
Uttam Prakash Agarwal resigned as an independent director of Yes Bank, citing poor corporate governance and concerns about the bank's fundraising plan, including that management did not disclose binding bids to the board.
2019
BlackBuck partners with IDFC Bank and Yes Bank to provide free FASTags
BlackBuck said it partnered with IDFC Bank and Yes Bank to provide truck owners in India with FASTags free of cost.
2019
Yes Bank acquires 20.61% stake in Tulip Star Hotels
Yes Bank acquired a 20.61% stake in Tulip Star Hotels by invoking a pledge on the company’s shares.