YES Bank Promoter Entities Sell 2.75 Per Cent Stake
Promoter group companies of YES Bank along with co-founder Rana Kapoor, have sold a combined 2.75 per cent 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 per cent in YES Bank through the open market process, Morgan Credits said in a regulatory filing on Saturday.
The combined entities held 9.64 per cent holding in the bank, which now stands at 6.89 per cent. The release of shares took place between September 18 to 20, 2019, the filing said.
The stake sale comes in the wake of news reports that Kapoor and the promoter group companies are looking to exit YES Bank.
Sources said digital payments major Paytm is in discussion to buy stake in YES Bank from Kapoor.
USAA And U.S.VETS Expand Effort To Prevent Veteran Homelessness Before It Starts
New Financial Resiliency Program Combines Housing, Coaching and Financial Services to Help 50,000 Veterans Build Lasting... Read more
USAA Bank Launches New Rewards Credit Cards, Delivering Higher Value For Everyday Spending
New survey data shows consumers increasingly rely on rewards to offset everyday expenses, from groceries to gas Read more
USAA Names Mara Motherway Senior Vice President And Head Of Government Relations
Jul 09 2026 SAN ANTONIO — July 9, 2026 — USAA today announced the appointment of Mara Moth... Read more
USAA And Wounded Warrior Project Launch $5 Million Initiative To Help Veterans Build Financial Security During The Transition To Civilian Life
Warrior Secure Start is a purpose-built program that combines financial education, personalized coaching and empowerment... Read more
USAA To Honor Those Who Made 250 Years Of Freedom Possible
Through partnerships, events and community engagements, USAA will celebrate the service members whose sacrifices helped ... Read more
USAA Introduces Smoky: A K9 Ambassador Rooted In Military Heritage And Well-being
Company launches first-ever Chief Pawsitivity Officer and announces $60,000 grant to K9s For Warriors to support veteran... Read more