yes bank

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    Vinay Tonse Leads Yes Bank After SBI Tenure

    New Delhi, April 6 Private sector Yes Bank announced on Monday that Vinay Muralidhar Tonse has taken over as the MD and CEO of the bank for a period of three years.Tonse, a former MD of State Bank of India, replaced Prashant Kumar, who completed his extended term on April 5.Tonse has taken...
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    Arbitration Ruling Leads to Bank Guarantee Enforcement

    Bengaluru, April 5 KRIDE announced on Sunday that it had invoked and cashed performance bank guarantees worth Rs 57 crore issued on behalf of L&T.K-RIDE, a joint venture between the Government of Karnataka and the Ministry of Railways, was created to promote rail infrastructure projects in the...
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    Reliance Finance Firms Linked to ₹16 Billion Fraud Case

    New Delhi, March 12 – The Enforcement Directorate said on Thursday that it has attached another group of properties, worth more than ₹581 crore, belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), both part of the Anil Ambani group.An order was...
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    Reliance Group Assets Linked to Financial Investigation

    New Delhi, March 12 The Enforcement Directorate said on Thursday that it has attached fresh assets worth more than ₹581 crore as part of its investigation against RHFL and RCFL, companies of Reliance Group Chairman Anil Ambani.A provisional order was issued under the Prevention of Money...
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    Yes Bank Introduces Women's Salary Account with Financial Perks

    New Delhi, March 5 Private sector lender Yes Bank announced on Thursday the launch of an exclusive salary account, a solution designed to support the financial and lifestyle needs of working women ahead of International Women's Day.This new offering will bring together a suite of specialized...
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    Mumbai Property Attached in Ambani Money Laundering Probe

    New Delhi, February 27 Reliance Group Chairman Anil Ambani did not appear before the Enforcement Directorate for questioning in a case allegedly involving money laundering linked to bank fraud, officials said.The agency wanted to record his statement in the case related to Yes Bank.However...
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    ED Tightens Probe in RCOM Money Laundering Allegations

    New Delhi, February 26 The Enforcement Directorate questioned Reliance Group Chairman Anil Ambani for more than nine hours on Thursday during the second round of questioning in connection with an alleged bank fraud-related money laundering case involving his group company, RCOM, officials said...
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    Yes Bank Addresses Fraud in Multi-Currency Card Transactions

    New Delhi, February 26 Yes Bank said on Thursday that it has detected unauthorized transactions amounting to USD 280,000 (Rs 2.5 crore) related to its multi-currency prepaid forex cards.The unauthorized transactions were carried out by Yes Bank's Multi-Currency Prepaid Forex Card, which was...
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    YES Bank Sets 1% ROA Goal as Part of Recovery Plan

    New Delhi, February 22 YES Bank, a private sector lender on the path to recovery, expects to close the current financial year with a return on assets (ROA) of 1%, according to the bank's Chief Financial Officer, Niranjan Banodkar.Return on Assets (ROA) is a profitability metric that measures...
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