Yes bank news

Here are some recent news updates about Yes Bank:

Recent Developments:

  1. Yes Bank's Q3 FY22 Results: Yes Bank has reported a net profit of ₹1,260 crore for the quarter ended December 31, 2021, a significant improvement from the net loss of ₹3,788 crore in the same quarter last year.
  2. Capital Raising: Yes Bank has raised ₹8,900 crore through a rights issue, which will help the bank to strengthen its capital base and meet regulatory requirements.
  3. Merger with Bank of Baroda: Yes Bank and Bank of Baroda have signed a definitive agreement to merge their operations, subject to regulatory approvals. The merger is expected to create a stronger and more resilient bank.
  4. Digital Transformation: Yes Bank has launched a digital transformation program, which includes the introduction of a new mobile banking app, online banking platform, and digital payment solutions.
  5. Expansion into New Markets: Yes Bank has expanded its operations into new markets, including the United Arab Emirates, Singapore, and Hong Kong.

Recent News Articles:

  1. The Hindu BusinessLine: "Yes Bank's Q3 profit jumps to ₹1,260 crore, beats estimates" (February 14, 2022)
  2. Livemint: "Yes Bank raises ₹8,900 crore through rights issue" (January 28, 2022)
  3. Economic Times: "Yes Bank, Bank of Baroda sign merger agreement" (January 24, 2022)
  4. Business Standard: "Yes Bank launches digital transformation program" (January 17, 2022)
  5. Financial Express: "Yes Bank expands operations into UAE, Singapore, Hong Kong" (December 20, 2021)

Recent Interviews:

  1. Interview with Yes Bank MD & CEO, Prashant Kumar: "We are committed to becoming a top-3 private sector bank in India" (Business Standard, January 2022)
  2. Interview with Yes Bank's Chief Digital Officer, Rajan Bajaj: "Digital transformation is key to our growth strategy" (Economic Times, December 2021)

Please note that the news articles and interviews are subject to change and may not be up-to-date.