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

As part of its money-laundering investigation against arrested YES Bank co-founder Rana Kapoor, the Enforcement Directorate (ED) was now looking into several multi-crore-rupee loans issued by YES Bank to corporate houses that turned non-performing assets (NPAs), officials said.

The ED has widened its probe in the case, taking it beyond the loan it gave to Dewan Housing and Finance Limited (DHFL) and is now looking at the bank's books to see if the Kapoor family and others received any kickbacks from business houses in lieu of non-initiation of the loan recovery processes.

The central agency is probing the Rs 600-crore loan