Page 4 - Latest Updates on YES Bank Crisis
ICICI Bank, HDFC, Kotak and Axis Bank join SBI to invest in YES Bank
The ICICI Bank in a regulatory filing said that the board has approved an equity investment of up to Rs 1000 crore in equity shares of YES Bank Limited
 "ICICI Bank, HDFC, Kotak and Axis Bank join SBI to invest in YES Bank")
CBI books YES Bank founder Rana Kapoor, wife, and others in fresh case
The probe agency is carrying out searches in Delhi and Mumbai at multiple locations
 "CBI books YES Bank founder Rana Kapoor, wife, and others in fresh case")
Schools for scandal: No silver-bullet solution for India's financial sector
The cure might lie in things like improving market intelligence, responding to early signals, improving efficacy of prosecution, and understanding structures and inter-dependence, writes T N Ninan
ICICI Bank to invest Rs 1,000 cr in Yes Bank; to hold stake in excess of 5%
"This investment is likely to result in ICICI Bank Ltd holding in excess of 5 per cent shareholding in Yes Bank," the lender said in a regulatory filing.
 "ICICI Bank to invest Rs 1,000 cr in Yes Bank; to hold stake in excess of 5%")
Top Headlines: Key Cabinet decisions, Coronavirus updates, and more
The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17
 "Top Headlines: Key Cabinet decisions, Coronavirus updates, and more")
Cabinet approves reconstruction scheme for cash-strapped YES Bank
The moratorium imposed on the bank will be lifted within three days after the notification is issued
 "Cabinet approves reconstruction scheme for cash-strapped YES Bank")
Cabinet Highlight: YES Bank moratorium to be lifted within 3 days, says FM
Cabinet has cleared a draft resolution scheme for cash-starved YES Bank. Last week, the Reserve Bank of India (RBI) had announced a draft scheme of reconstruction for the lender. Follow LIVE UPDATES
 "Cabinet Highlight: YES Bank moratorium to be lifted within 3 days, says FM")
LIC to buy 1.35 billion shares of YES Bank at Rs 10 apiece: TV reports
State Bank of India (SBI) had on Thursday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity
Union Cabinet clears draft resolution scheme for YES Bank revival
The scheme was announced a day after the RBI imposed a month-long moratorium on YES bank
YES Bank bondholders say will withdraw court plea if RBI accepts offer
Overall, more than Rs 8,000 crore of investments are exposed to YES Bank's AT-1 bonds
 "YES Bank bondholders say will withdraw court plea if RBI accepts offer")
Rana Kapoor's wife Bindu was director in 42 firms, some named in CBI FIR
Former Yes Bank founder, Rana Kapoor's wife, Bindu was a director in the main investment and holding companies associated with Rana Kapoor, including Morgan Credits, YES Capital
 "Rana Kapoor's wife Bindu was director in 42 firms, some named in CBI FIR")
YES Bank fallout: AT-1 bonds see spike in yields post RBI's proposed scheme
State Bank of India's bonds see 130 basis points jump in yields since Friday
 "YES Bank fallout: AT-1 bonds see spike in yields post RBI's proposed scheme")
Four key things to check when YES Bank announces Q3FY20 results on March 14
The results assume significance in the backdrop of recent developments that saw the Reserve Bank of India supersede the board of directors of YES Bank and appointed Prashant Kumar as the administrator
 "Four key things to check when YES Bank announces Q3FY20 results on March 14")
Top 10 biz headlines: ED probes Rana Kapoor, GST on phones to rise and more
From Gujarat HC's notices over surcharge imposition to IndiGo's profit warning, here are the top 10 business stories for the day
 "Top 10 biz headlines: ED probes Rana Kapoor, GST on phones to rise and more")
YES Bank shares attract hefty SLB premium, high volatility can add risk
The SLB mechanism allows traders to borrow securities that they may not have to meet their obligations
YES Bank fiasco, double-blow for Max Financial; analysts caution investors
Max Life has Rs 2,000 crore exposure to YES Bank's tier-2 bonds and the latter accounts for 11 per cent of its bancassurance channel
 "YES Bank fiasco, double-blow for Max Financial; analysts caution investors")
Yes Bank customers can make Rs 2 lakh payments for loans via other banks
The announcement comes a day after its customers were allowed inward IMPS and NEFT services for the same purposes
Yes Bank founder Rana Kapoor's ED custody extended till March 16
During the hearing, the ED told the special PMLA court that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during his tenure
 "Yes Bank founder Rana Kapoor's ED custody extended till March 16")
NBFCs' challenges could intensify following Yes Bank restructuring: Fitch
The move on Yes Bank comes as the impact of the coronavirus is beginning to be felt in India, raising further risks to economic growth and non-banking finance companies' asset quality
 "NBFCs' challenges could intensify following Yes Bank restructuring: Fitch")
Deal with bondholders 'in process', says Yes Bank administrator
"We are in the process," said Prashant Kumar, the administrator appointed by the Reserve Bank of India (RBI)
 "Deal with bondholders 'in process', says Yes Bank administrator")
