The annual Amarnath Yatra will commence on July 3 and conclude on August 28, spanning 57 days. Registration opens April 15, with pilgrims a...

State Bank of India (SBI) plans to sell its 24% stake in Yes Bank, worth $2.2 billion, by March. Japanese Sumitomo Mitsui and Dubai's Emira...

It can be noted that during the Yes Bank's rescue in March this year, over Rs 7,000 crore of additional tier-I bonds were written-off, whil...

During the Yes Bank rescue earlier this year also, there was an over Rs 7,000-crore bond write-off, but that involved a different instrumen...

DBS’s India unit will merge with Lakshmi Vilas, unlike in Yes Bank, where the rescue investors simply took financial stakes in the bank and...

Yes Bank was privately owned, before it was quasi-nationalized by making it SBI’s problem. But next year, there will be several small state...

Some private banks, particularly, small institutions may lose deposits to PSBs in the aftermath of YES crisis.

It will be difficult and costly to revive the public’s dwindling faith in the banking system.

SBI’s shareholding in YES Bank will remain within 49 per cent of the paid up capital of the lender.

The plan may involve an 80% haircut, which L&T isn’t agreeable to.

"We are in the process," Prashant Kumar, the administrator, told Reuters.

The halfhearted bailout just may turn a bad dream for savers into a nightmare for the financial system.

The scrip jumped as much as 30.86 per cent to Rs 21.20 against the previous close of Rs 16.20.

SBI Chairman Rajnish Kumar told reporters on Saturday the bank's capital infusion into rescuing Yes Bank would have a "very marginal" impac...

The restructuring plan entails the appointment of a new CEO and board with two SBI-nominated directors.

SBI Chairman told a press conference that the bank’s legal team has been doing due diligence.

Under the plan, the authorised capital of YES Bank will stand altered to Rs 5,000 crore.