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YES Bank tanks 8% on denying reports of strategic investment by Microsoft

Wednesday, October 9, 2019, 8:19 PM

Shares of YES-Bank fell 8% in Wednesday's session after the lender denied reports suggesting active talks between bank and Microsoft-Corporation and two other tech-firms for a possible stake acquisition. YES-Bank in a regulatory filing said it is "not aware of the source, which resulted in the news item and as a matter of policy, the bank would not like to comment on such article."
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Yes Bank Group President Rajat Monga Resigns

Thursday, October 3, 2019, 6:24 PM

Yes Bank CEO Ravneet Gill on Thursday said Group President and former CFO Rajat Monga has decided to "move on". The resignation ends his association with the private lender since its inception in 2004. Monga, who was also considered for the CEO's position, had divested his entire stake in the bank for Rs.8.22 crore during September 18-20.
 
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Rana Kapoor, promoter entities sell 2.75% in YES Bank

Saturday, September 21, 2019, 8:19 PM

Promoter group companies of Yes Bank along with co-founder Rana Kapoor have sold a combined 2.75 percent stake in the lender through the open market. Yes Capital (India) Pvt Ltd, Morgan Credits Pvt Ltd and Rana Kapoor have sold a combined 2.75 percent in Yes Bank through open market process, Morgan Credits said in a regulatory filing on September 21.

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