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Sunday, March 15, 2020

YES Bank posts Q3 net loss of Rs 18,560 crore

Private sector lender YES Bank reported a standalone net loss of a whopping Rs 18,560.31 crore in the third quarter of the fiscal. The bank had a net

from Business Line - Money & Banking https://ift.tt/3cZNtr7
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Yes Bank ‘reconstruction’: Moratorium to be lifted by March 18

Current administrator Prashant Kumar has been appointed the new chief executive of the lender.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2WdgkSN
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Fix filing issues by July: GST panel to Infosys

The GST Council on Saturday moved in with fresh checks, including getting information from banks, to plug evasion, while deciding to instruct Infosys to fix technical glitches to the filing system by July.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ININXC
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Yes Bank posts Rs 18,500 crore loss in Q3; declares share allotment under Reconstruction Scheme

The lender reported a loss of Rs 18,564 crore, as compared to a profit of Rs 1,000 crore reported in the same quarter last year.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2vkPqxd
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All India Bank Officers Confederation has not understood the context: Himanta Biswa Sarma

In Guwahati on February 27, Sitharaman after meeting the bankers had told media persons said the contribution of banks will be immense in fulfilling Prime Minister Narendra Modi’s dream to develop Northeast India.

from Banking/Finance-Industry-Economic Times https://ift.tt/3aVjXAP
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