Author: SS
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Yes Bank placed under Moratorium by RBI – What Next?
Today, the 5th of March, 2020 was an eventful day for Yes Bank and all its stakeholders including depositors, shareholders, investors, lenders, creditors, etc. At the end of the day RBI placed the bank under a moratorium for a period of 30 days. Timeline of events (05-Mar-20) So before we discuss our outlook, let’s go…
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SBI Card IPO – Key Highlights, Financials & Market Size
SBI Card has received approval from SEBI to go ahead with the IPO. Below are key points with regards to the upcoming IPO. Key Points Company Name: SBI Cards and Payment Services Limited Founded: 1998 Primary Business: Credit cards issuer. Promoter: State Bank of India (SBI) Current Shareholding: SBI (74%) + Carlyle Group (26%) Key…
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Detailed report of Yes Bank EGM held on 07-Feb-20 for capital raise
Yes Bank conducted it’s Extraordinary General Meeting (EGM). Below is the detailed report of the proceedings and business conducted at the EGM. EGM Details Date: 07-Feb-2020 Time: 11:00 AM to 1:15 PM Venue: Nehru Centre, Worli Mumbai 18. EGM Attendees Management Attendees: Anil Jaggia, Shagun Kapur, Ravneet Gill, Pratima Sheorey, Brahm Dutt, R Gandhi, Maheshwar…
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Detailed report of Yes Bank EGM held on 07-Feb-20 for capital raise
Yes Bank conducted it’s Extraordinary General Meeting (EGM). Below is the detailed report of the proceedings and business conducted at the EGM. EGM Details: Important Points Before we start I would like to address a few points so that we discuss further points clearly. EGM Agenda For the EGM conducted by Yes Bank today, the…
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Visiting New York – The Big Apple
I recently had the opportunity to live in New York City for about 45 days and I am writing this article to share my experience. The city has this mysterious charm in it’s air that makes you fall in love with it almost instantly. It’s warm, open, welcoming and emits a lot of positive energy…
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A single step…
“A journey of a thousand miles begins with a single step” – a famous Chinese proverb that is often quoted by motivational speakers and frequently cited in self-help books. It is also one of my personal favorites and every single time I read or hear it, a strong sense of inspiration overcomes me that urges…