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Rs 1,125 crores of Maharashtra' civic bodies stuck in Yes Bank
For the second time in recent weeks, the Maharashtra government has sought details of the funds lying with various private sector banks following the Yes Bank imbroglio that erupted on Thursday night, official sources said here on Saturday. ....
Due diligence on investment in Yes Bank on: SBI chairman
SBI chairman Rajnish Kumar on Saturday said the bank has time till Monday to respond back to the Reserve Bank of India (RBI) on the draft scheme for rescue of Yes Bank and it may or may not pick up 49 per cent stake. ....
Yes Bank crisis has roots in UPA era, says Sitharaman
Finance Minister Nirmala Sitharaman on Friday claimed that the origin of the Yes Bank crisis lies in the pre-2014 era of Congress rule. ....
RBI issues draft revival plan for Yes Bank, SBI keen to acquire 49% in troubled lender
While the SBI has shown interest in investing in troubled private sector lender Yes Bank, the acquirer could hold upto 49 per cent stake in the bank, as per a scheme of reconstruction proposed by the RBI on Friday. ....
Yes Bank's public shareholders lose Rs 7,000 cr post RBI takeover
Public shareholders of Yes Bank faced bigger losses on the RBI's latest action on the private sector lender with Friday's stock price of Rs 16.60, meaning that their stake value now stands at Rs 3,880.91 crore against Rs 10,976.82 crore in December 31, a loss of Rs 7,092 crore and it could be more if the stock price is hammered more in coming days. ....
__414307877.jpg "Yes Bank: ED issues LOC against Rana Kapoor, raids home")
Yes Bank: ED issues LOC against Rana Kapoor, raids home
The Enforcement Directorate (ED) filed a money laundering case and carried out searches at the residence of the bank's founder Rana Kapoor, officials said. ....
Yes Bank depositors' money safe, RBI working on resolution: FM
Finance Minister Nirmala Sitharaman on Friday said that Reserve Bank of India (RBI) is working towards for early resolution of Yes Bank issue and she is in constant touch with the Governor. ....
No need to panic on Yes Bank: SBI chairman
SBI chairman Rajnish Kumar on Friday said there is no need to panic on account of developments in the Yes Bank. ....
Angry Mumbai customers queue up at Yes Bank for cash
Distressed and angry customers of the crisis-hit Yes Bank trooped outside scores of branches and ATMs in Mumbai, Thane, Pune, Nagpur and other cities on Friday to withdraw money after the RBI imposed curbs on withdrawal apart from other measures late on Thursday. ....
'RBI to soon come up with scheme for Yes Bank revival'
The Reserve Bank of India (RBI) will soon come out with a scheme to revive the capital-starved Yes Bank, RBI Governor Shakti Kanta Das said on Friday. ....
What binds the two most talked about nations - India and Pakistan together? What makes the
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