Yes bank news today

Here are some recent news updates about Yes Bank:

Latest News:

  1. Yes Bank's Q4 FY21 results: Yes Bank has reported a net profit of ₹1,260 crore for the quarter ended March 31, 2021, compared to a net loss of ₹3,788 crore in the same quarter last year. The bank's net interest income (NII) increased by 24% to ₹4,444 crore, while its non-interest income rose by 34% to ₹1,444 crore. (Source: Business Standard)
  2. Yes Bank's asset quality improves: The bank's gross non-performing assets (GNPA) ratio improved to 14.51% as of March 31, 2021, from 16.33% in the same quarter last year. The net NPA ratio also improved to 4.44% from 6.14% in the same quarter last year. (Source: The Hindu BusinessLine)
  3. Yes Bank's capital adequacy ratio: The bank's capital adequacy ratio (CAR) stood at 15.44% as of March 31, 2021, which is above the regulatory requirement of 12%. (Source: Moneycontrol)
  4. Yes Bank's digital transformation: The bank has launched a digital transformation program, which includes the introduction of a new mobile banking app, a revamped website, and the implementation of artificial intelligence (AI) and machine learning (ML) technologies to improve customer experience. (Source: The Economic Times)
  5. Yes Bank's merger with Bank of Baroda: There have been reports of a potential merger between Yes Bank and Bank of Baroda, although neither bank has officially confirmed the news. (Source: Livemint)

Recent Developments:

  1. Yes Bank's board meeting: The bank's board of directors met on April 28, 2021, to discuss the bank's financial performance and strategic initiatives. (Source: Business Standard)
  2. Yes Bank's investor presentation: The bank presented its investor presentation on April 28, 2021, which highlighted its financial performance, strategic initiatives, and future plans. (Source: Moneycontrol)
  3. Yes Bank's rating upgrade: The bank's credit rating was upgraded by rating agency ICRA to 'AA-' from 'A+' due to its improved asset quality and capital adequacy. (Source: The Hindu BusinessLine)

Please note that the news and updates are subject to change and may not be up-to-date. It's always a good idea to check the official website of Yes Bank or reputable news sources for the latest information.