• Year-on-Year Performance
• Quarter-on-Quarter Performance
September 19, 2018: RBI cuts short founding promoter Kapoor’s term till January 31, 2019
. September 21, 2018: On the first day of trade after RBI’s announcement, Yes Bank shares tank more than 30 percent, and the lender loses as much as Rs 21,951 crore ($3.1 billion) in market value.
Market insiders said that RBI’s move exemplified its increasingly assertive approach in tackling the bad debt problem plaguing India’s banking sector.
November 27, 2018: Rating agency Moody’s downgrades the lender’s rating, saying the resignations from the bank’s board raise concerns over corporate governance.
March 1, 2019: Ravneet Gill takes charge as Yes Bank MD and CEO. The bank’s shares gain nearly 3 percent on the back of new appointment.
April 26, 2019: Yes Bank posts a net loss of Rs 1,506.6 crore in the fourth quarter. The aggregate outstanding funded exposure of bank stands at Rs 2,528 crore at the end of the fiscal year, of which Rs 2,442 crore is classified as NPA.
April 29, 2019: Brokerage Macquarie downgrades the bank’s rating to “underperform” following the fourth-quarter results, saying that loan book clean-up, investments in retail business and pivoting of the business model within corporate segment would keep return ratios subdued for long.
April 30, 2019: Bank shares plunge nearly 30 percent after the quarter results are announced.
July 18, 2019: YES Bank shares slump 19 percent after first quarter profit plunges. The shares fall further after reports emerge about Rana Kapoor’s pledging of entire stake in the bank.
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