Assets worth Rs 415 crore of arrested Maharashtra builders Avinash Bhosale and Sanjay Chhabria have been attached in Yes Bank-DHFL bank loan fraud case, the Enforcement Directorate said.
The bank, in August, 2021 invited applications for setting up an ARC, planning to hold a 20 per cent stake in it. On the RBI's objection, it agreed to hold a minority stake in the ARC
Yes Bank founder Rana Kapoor's wife Bindu and daughters Roshni and Radha Kapoor Khanna on Monday approached Bombay High Court
The court had, on Saturday, denied bail to Rana Kapoor's wife Bindu and daughters Radha and Roshini.
In April, the RBI formed a 6-member panel headed by Sudarshan Sen, former ED, to carry out a comprehensive review of the working of ARCs in the financial sector ecosystem
It claimed that the agency obtained "information from a reliable source that Kapoor was trying to alienate this property in London and that he has hired a reputed property consultant
The Delhi HC has directed the RBI and the Centre to explain as to how the depositors of scam-hit Punjab and Maharashtra Cooperative Bank are "differently circumstanced" in comparison to Yes Bank
Private sector lender in a statement said the leadership team has taken a conscious and voluntary decision for the restructuring of their compensation package for FY 2020-21
The Wadhawans are presently in jail after being arrested by the Central Bureau of Investigation (CBI), which is also probing the same case
As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody
The lender had psoted a pre-tax loss of Rs 2,338.31 crore in the same quarter of previous financial year
The Wadhawan brothers are named as accused in the CBI FIR pertaining to swindling of money by Rana Kapoor and others, the officials said
Muthoot Finance's Ba2 CFR is affirmed and its outlook changed to negative from stable.
Sources said the probe agencies are planning to move an application, seeking more time with respect to the filing of chargesheet in matters
The spectacular meltdown at YES Bank reveals the mental makeup of someone only too eager to walk on life's wild side
Strategic plan to factor in Covid-19 impact
According to ICRA's estimates, Rs 93,669 crore of AT-I bonds are outstanding as of now
Contagion is common to epidemics and banking. Read on. Uddalok Bhattacharya sums up
The bank, however, could not hide its bad debt under the carpet for long as RBI auditors forced all banks to disclose their bad debts
I wonder even in the case of nationalised banks whether a 100 per cent repayment of deposits is guaranteed