Yes Bank Limited provides banking and financial services in India and internationally.
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Latest twits on Yes Bank (YESBANK)
Meera Sharma 12:42 PM 28-10-2020
$YESBANK Yes Bank chief digital officer and group president Ritesh Pai has put in his papers and is understood to be joining a Netherlands-based cross-border payments company, Terrapay, sources have told Moneycontrol.
Yes Bank confirmed Pai’s exit. “Ritesh has had two stints with Yes Bank, first from October 2004 to October 2006 and then from March 2015 to October 15, 2020. After a fruitful tenure, he decided to explore and pursue opportunities outside the bank.” #neutral
Meera Sharma 11:51 AM 26-10-2020
$YESBANK Announces cost cutting: plans to close non-performing branches and ATMs, reduce office space by moving to a revolving desk layout and renegotiate contracts with vendors, landlords and contractors, as it seeks to cut costs and save up to Rs 600 crore this year.
"We have identified 50 more branches to merge to ultimately reduce them by 25. We are also preparing a work-from-home model that will free up office space and help us save on rentals..."
Aaarti Ambani 12:18 PM 23-10-2020
$YESBANK Q2 results preview: management commentary on the progress of below investment grade and recovery from existing bad loans would be the key monitor.
"The near-term challenge for investors in YES Bank would be the inability to forecast near-term slippages, the direction of credit costs and movement of NPLs," - HDFC Securities.
#neutral so far
Nikhil Mahadevia 02:37 PM 08-06-2015
$YESBANK will raise $1 billion (about Rs 6,400 crore) by fresh equity and Rs 10,000 crore through Non Convertible Debentures (NCDs) and bonds.
$YESBANK P/E at 18.7x. Looking at historical numbers revenue growth was 25% last year but declining fast, NI margin should be expected to decline 0.5-1%. Might not be a good price depending on the growth they expect this year. @Raks any idea?
Akshay Bhardwaj 07:43 AM 23-02-2015
$YESBANK the stock is growing very steadily since Q3 2013 with one strange drop in March 2014 with fast rebound, worth to dig dipper...
Raks 12:45 AM 23-02-2015
$YESBANK Yes Bank to replace DLF, JSPL in CNX Nifty.Good time to enter at present levels of 800 to 820 since many fund houses will rebalance their portfolios to add Yes Bank due to this.Stock will be very #bullish now onwards. #buy
Trisha Sanyal 03:31 PM 04-01-2015
Here is a good overview research about 19 Indian banks and financial companies.
Yes Bank Limited provides banking and financial services in India and internationally. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers corporate and commercial banking services, including working capital finance, specialized corporate finance, trade finance, cash management, vendor and channel finance, treasury risk management services, debt capital market offering, liquidity management solutions, and investment banking solutions. It also provides financial services to corporates, public sector undertakings, central and state government entities, and NBFCs. In addition, the company offers trade finance, cash management services, financial market products, and INR account services to international customers. Further, the company provides business banking services to small and medium businesses; and retail banking products, including secured business loans, car loans, two wheeler loans, commercial vehicle loans, construction equipment loans, loans against securities, tractor loans, gold loans, personal loan products, and home loans. Additionally, it offers transaction banking services comprising cash management services; trade finance services; and bank to issuer, dividend/interest payout, and escrow account services. The company also provides investment banking services, including mergers and acquisitions, divestitures, private equity syndication, and IPO advisory services; and cards, mobile banking, online banking, tax and insurance solutions, and remittance services. As of December 31, 2014, it operated 600 branches in metro, urban, semi-urban, and rural centers in India. The company also operates 1,139 ATMs; and 2 national operating centers in Mumbai and New Delhi. Yes Bank Limited was incorporated in 2003 and is headquartered in Mumbai, India.