Tag: Yes Bank
The scam-tainted Wadhawan brothers who are out on bail in the Yes Bank/DHFL fraud cases were reportedly spotted violating the lockdown in the famed hill-station of Mahabaleshwar, and have now been shunted into quarantine, a Bharatiya Janata Party leader said here on Thursday.....
The Central Bureau of Investigation (CBI) on Saturday conducted massive raids at eight premises in Mumbai and Pune in connection with the Yes Bank-DHFL scam. ....
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. ....
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. ....
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.....
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank.....
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.....
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. ....
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.....
The Bharatiya Janata Party (BJP) government must talk about increase in bad loans at Yes Bank in the last five years after Narendra Modi came to power, and should not try to divert public attention, said Congress chief spokesperson, Randeep Singh Surjewala here on Sunday.....