Page 7 - Latest Updates on Rana Kapoor
ED probes Rana Kapoor's role in YES Bank's Rs 30,000-cr bad loans
The special court under the Prevention of Money Laundering Act granted an extension to keep Rana Kapoor under custody till March 16
 "ED probes Rana Kapoor's role in YES Bank's Rs 30,000-cr bad loans")
ED identifies real estate assets of Rana Kapoor family in India, abroad
To seek provisional attachment in next few weeks
 "ED identifies real estate assets of Rana Kapoor family in India, abroad")
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")
YES Bank founder Rana Kapoor tried to influence loan decisions: Gill to ED
Some aides of Kapoor, former board members may be asked to join probe
 "YES Bank founder Rana Kapoor tried to influence loan decisions: Gill to ED")
ED seizes Rajiv Gandhi painting; many of YES Bank's big loans under scanner
The Enforcement Directorate has widened its probe in the YES Bank case, taking it beyond loans given to DHFL; it is now looking at the bank's books to see if the Kapoor family received kickbacks
 "ED seizes Rajiv Gandhi painting; many of YES Bank's big loans under scanner")
Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more
Here's a selection of Business Standard Opinion pieces for the day.
 "Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more")
YES Bank to transform into a retail bank: Administrator Prashant Kumar
Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator
 "YES Bank to transform into a retail bank: Administrator Prashant Kumar")
Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor
During his custodial interrogation, Kapoor said that he was "threatened and forced by Congress leader Milind Deora to buy the art piece". The agency says that it has evidence to support this claim.
 "Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor")
Price of leadership
SBI's YES Bank investment raises questions
 "Price of leadership")
YES Bank fallout: CBI books Rana Kapoor's wife and three daughters
Yes Bank has been put under a moratorium by the RBI till April 3, during which customers are not allowed to withdraw more than Rs 50,000.
 "YES Bank fallout: CBI books Rana Kapoor's wife and three daughters")
Congress asks Modi to explain 'sinking banks', not divert attention
"Prime Minister, you need to tell the nation what is the BJP's connection to the Yes Bank and its owner," Randeep Surjewala asked.
 "Congress asks Modi to explain 'sinking banks', not divert attention")
ED investigating big loans issued by Yes Bank, Kapoor's foreign assets
A dozen alleged shell firms, Kapoor family investments of Rs 2,000 crore and over Rs 4,500 crore worth of transactions are under the scanner of the agency at present.
 "ED investigating big loans issued by Yes Bank, Kapoor's foreign assets")
Yes Bank crisis: CBI issues lookout circular against Rana Kapoor, 6 others
The look out circular (LOC) was issued against all these seven accused to prevent any attempts to leave the country, the officials said
 "Yes Bank crisis: CBI issues lookout circular against Rana Kapoor, 6 others")
Hopeful of moratorium being lifted this week: Yes Bank administrator
The bank, which had over Rs 2.09 lakh crore in deposits, was put under moratorium last Thursday due to an inability to raise capital. Its board was superseded and Kumar was placed as the administrator
Yes Bank crisis: Working to restore all services soon, says Kumar
Before the RBI action, YES Bank had deferred announcement of its earnings for the 3rd quarter of 2019-20 to March 14 or before. "I think we are going to declare our results on March 14th," Kumar said.
YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress
Congress alleged the loans given by YES Bank rose 100 per cent in just two years after demonetisation from Rs 98,210 crore in March 2016 to Rs 2,03,534 crore in March 2018
 "YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress")
Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes
From the impact of coronavirus on Vivad se Vishwas to reforms in the pension market, here are the top 10 business headlines of the day
 "Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes")
YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe
12 shell firms, 2 UK assets, 44 paintings under ED scanner; London-bound daughter stopped at Mumbai Airport; CBI books Kapoor and Wadhawan on charges of cheating
 "YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe")
YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders
RBI's draft reconstruction scheme for YES Bank suggested a permanent write-down of these bonds outstanding as of March 5.
 "YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders")
Retail investors bought YES Bank shares as institutions exited en masse
Soon after the RBI announced the moratorium, global bank JP Morgan pegged YES Bank shares at Rs 1 a share.
 "Retail investors bought YES Bank shares as institutions exited en masse")
