These five banks--HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank--collectively control a quarter of the system a...Read More
The development comes a day after Yes Bank's board approved raising funds through an FPO.
The sale of immovable assets will take place through e-auction on various dates in July under the Securitization and Reconstruction of Fi...Read More
Yes Bank will next month auction properties of Essel group firm Essel Infraprojects and SKIL Infra to recover dues of Rs 1,368.16 crore. ...Read More
By Bhavna Uchil
Names Rana Kapoor, daughter Roshni, DHFL, its promoters Kapil Wadhawan and Dheeraj Wadhawan
By FPJ Web Desk
Just last week, there were reports that the Enforcement Directorate (ED) had raided the premises connected to tour operator Cox & Kin...Read More
Five offices of alleged loan defaulter travel firm Cox and Kings in Mumbai were searched by teams of the Enforcement Directorate in conne...Read More
The move to allocate 30 per cent of the total cost to company as variable pay is applicable to the "leadership team" for FY21, an officia...Read More
Rana Kapoor, wife, daughters to be present before court on June 5
The Enforcement Directorate (ED) on Friday told a special court that it needs to probe a Rs 1,000 crore property in Australia mortgaged b...Read More
The brothers were remanded to 10-day ED custody by a special court in Mumbai, they said.
Rana Kapoor-founded Yes Bank’s stock a few months ago had seen a continuous drop in value. But after the financial results for FY 2019-20...Read More
Eight lenders had invested 100 bln rupees in capital-starved YES Bank. Shares were issued at 10 rupees a piece a day after the reconstruc...Read More
YES Bank Ltd has an exposure of more than 22.67 bln rupees--the highest of all financial creditors--to Cox & Kings Ltd, the travel compan...Read More
. "Yes Bank's rescue highlights weaknesses in the process to support a distressed private sector bank.
The Yes Bank rescue has undermined confidence of depositors in private sector lenders and will lead to smaller entities losing deposits t...Read More
The moratorium imposed on YES Bank and subsequent rescue has highlighted the weaknesses in the Indian government's support for stressed p...Read More
The Wadhawan brothers – wanted by both CBI and ED – in the Yes Bank fraud case had rented a guesthouse in Khandala to evade the probe age...Read More
On Thursday, former Maharashtra CM Devendra Fadnavis tore into the Uddhav administration over the Wadhawan fiasco.He wrote; “No lockdowns...Read More
The Reserve Bank of India is in the process of harmonising regulations on private sector banks issued over the years under various licens...Read More