Tag: Bank
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.....
LIC May Be Roped In To Rescue Yes Bank
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank.....
Yes Bank Crisis: ED Summons Anil Ambani
As the Yes Bank probe gathers momentum, the Enforcement Directorate has now decided to summon all the large borrowers who were given loans by the Rana Kapoor-led management. Among the largest borrowers are Reliance Group chairman Anil Ambani, who was been summoned by the agency today.....
Yes Bank Shares Soar 60% Post Moody's Upgrade, RBI Assurance
Crisis-hit Yes Bank's stocks have surged over 60 per cent, a day after Moody's upgraded its outlook for the bank and the Reserve Bank Governor assured that the bank's revival plan is credible bank and it may infuse more liquidity if required. ....
RBI Allows 3 Month Moratorium On All Term Loan EMIs
In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020.....
RBI Hints At Further Cut In Interest Rate To Counter Corona Risks
The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. ....
Delhi Govt To Set Up 'plasma Bank' In Two Days
Delhi Chief Minister Arvind Kejriwal on Monday said that a 'plasma bank' will be made operational in the national capital in two days to treat COVID-19 patients.....
Profit Booking, Global Cues Drag Equities Lower; Banking Stocks Plunge
Profit booking along with a global sell-off due to concerns over rising Coronavirus cases pulled the Indian equity markets lower on Thursday. ....
RBI Keeps Repo Rate Unchanged At 4 Percent
Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21. ....
ICICI-Videocon Loan Case: Chanda Kochhar Granted Bail By Court
A court here on Friday granted bail to former ICICI Bank CEO and MD Chanda Kochhar with a rider that she cannot leave the country with its permission. ....
