Although Kapoor was not named a suspect in the FIR registered on June 2 last year, his role in the scam surfaced during the investigation
The private sector lender is planning to raise up to USD 1 billion in FY23 to bolster its core capital base once the NPA challenge is over, its managing director and chief executive Prashant Kumar told reporters here on...
The CBI has stumbled upon two payments of over Rs 68.8 crore and Rs 292 crore to arrested ABIL chairman Avinash Bhosale's companies made by Radius Developers
In a statement, the bank said $640 million or Rs 5,100 crore has been raised by issuing equity shares and $475 million or Rs 3,800 crore through equity share warrants
The central government had notified the Yes Bank Reconstruction Scheme on March 13, 2020 after the private lender faced governance crisis triggered by mismanagement at top level
The net interest income (NII) rose 84.4 per cent year-on-year (YoY) to Rs 1,819 crore
The bank had clocked a net profit of Rs 207 crore in the year-ago period, it said in a regulatory filing
In March 2020, the Reserve Bank of India and the government had crafted a reconstruction scheme for the bank, after the bank’s financial discrepancies came to light.
The present case pertains to allegations in the sale of a property situated on Amrita Shergill Marg in Delhi to a company owned by Rana Kapoor's wife, Bindu...
Rana Kapoor was denied bail by a court in Delhi after his arrest in relation to a money laundering case.
The top court was hearing an appeal filed by the bank against the November 25 order of Allahabad High Court refusing to quash the notices under section 102...
According to the sources, the RBI's assessment found Yes Bank had liquidity issues but no solvency problem or any other issue.
RBI had imposed a moratorium on the lender on March 5, under which the bank's customers were allowed to withdraw up to Rs 50,000
SBI and few private banks have invested in Yes Bank under a revival plan
Addressing a press conference, RBI Governor Shaktikanta Das said: 'I would like to convey to the depositors of YesBank that their money is completely safe and...
Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned into a Non-Performing Asset.
Banking is a risky business and there will always be bad loans. Private banks lack a proper governing structure and ethics, and try to avoid RBI scrutiny, say...
The Yes Bank Reconstruction Scheme 2020, shall come into force on March 13, the gazette notification said.
As part of the reconstruction process, SBI will invest for 49 per cent equity in Yes Bank
Earlier, RBI had announced a draft scheme of reconstruction for cash-starved Yes Bank
The announcement comes as panic gripped the bank's customers, who queued before ATMs and bank branches to withdraw money.
He said that the final approval from the Reserve Bank to the SBI-led resolution plan would result in Yes Bank coming out of the moratorium.
The impact of Coronavirus and Yes Bank crisis should be seen as a blessing in disguise as it has acted as a catalyst in cooling down the valuations and has...
The Yes Bank administrator said the bank staff is working hard so that all banking services could be restored at the earliest.