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$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank shares drop nearly 8 per cent on ratings downgrade

On NSE, shares of the company dropped 7.69 per cent to Rs 168.60.

28 Nov 2018 2:12 PM IST

Ratings firm Crisil has reaffirmed BBB rating on Yes Banks over Rs 18,000 crore bonds . (PTI Photo)

Business

Crisil affirms Yes Bank Rs 18k cr bonds rating at BBB

The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank

7 Jun 2020 9:03 AM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Business

Finance Ministry pitches for ratings upgrade with Fitch

Govt will follow fiscal consolidation roadmap and will lower the fiscal deficit to 3 per cent of GDP by 2020-21.

7 March 2018 4:00 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Business

Banks ratings under scanner

Fitch noted that losses were big enough to wipe off the $13b fund infused in FY18.

2 Jun 2018 12:38 AM IST

Business

Moody's revises Adani Ports outlook to stable from negative

Negative outlook was driven by weakened operating performance and financial metrics.

19 Jun 2017 4:01 PM IST