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Reliance MF Invested Rs 2,850 Crore In YES Bank, Siphoned Off: Sources
Businessman Anil Ambani's Reliance Mutual Fund invested Rs 2,850 crore in AT-1 bonds of YES Bank for suspected quid pro quo, sources in the Enforcement Directorate have said.
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Anil Ambani Bribed Yes Bank Officials To Clear 3,000-Crore Loans: Sources
Top officials of Yes Bank cleared loans of around Rs 3,000 crore to companies helmed by Anil Ambani without due diligence after they were bribed, the Enforcement Directorate's (ED) investigation has found
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Yes Bank Gets Income Tax Notice Of Rs 244 Crore
Yes Bank on Wednesday said it has received a demand notice of Rs 244.20 crore for assessment year 2016-17.
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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Rule Change From May 1 2024: Canada's Temporary Worker Programme, Bank Charges And Others
These changes are very important from bank customers and those planning to go to Canada as temporary foreign workers.
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Yes Bank Co-Founder Rana Kapoor Gets Bail In Bank Fraud Case
A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466.51 crore bank fraud case, paving the way for him to walk out of jail after four years.
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Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.
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Paytm May Partner With 4 Banks For UPI Transactions: Report
India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.
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Yes Bank's Rana Kapoor Gets Bail In Money Laundering Case
A special court here on Thursday granted bail to Yes Bank cofounder Rana Kapoor in a money-laundering case linked to alleged financial irregularities at the bank.
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SEBI Orders De-Freezing Of Rana Kapoor's Bank, Demat Accounts, Fund Folios
Capital markets regulator SEBI has ordered the de-freezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank.
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Supreme Court Refuses To Grant Bail To Yes Bank Founder Rana Kapoor
Yes Bank founder Rana Kapoor's bail request in a money laundering case was today rejected by the Supreme Court.
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Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
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RBI's CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank
Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India’s (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has tied up with Yes Bank to facilitate the collection of premiums in the digital mode using the bank's e-Rupee platfor...
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Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
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Yes Bank's Rana Kapoor Granted Bail In Money Laundering Case
The Delhi High Court on Friday granted regular bail to former Managing Director and CEO of YES Bank Rana Kapoor in a Rs 466.51 crore money laundering case.
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Reliance MF Invested Rs 2,850 Crore In YES Bank, Siphoned Off: Sources
Businessman Anil Ambani's Reliance Mutual Fund invested Rs 2,850 crore in AT-1 bonds of YES Bank for suspected quid pro quo, sources in the Enforcement Directorate have said.
-
Anil Ambani Bribed Yes Bank Officials To Clear 3,000-Crore Loans: Sources
Top officials of Yes Bank cleared loans of around Rs 3,000 crore to companies helmed by Anil Ambani without due diligence after they were bribed, the Enforcement Directorate's (ED) investigation has found
-
Yes Bank Gets Income Tax Notice Of Rs 244 Crore
Yes Bank on Wednesday said it has received a demand notice of Rs 244.20 crore for assessment year 2016-17.
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
Rule Change From May 1 2024: Canada's Temporary Worker Programme, Bank Charges And Others
These changes are very important from bank customers and those planning to go to Canada as temporary foreign workers.
-
Yes Bank Co-Founder Rana Kapoor Gets Bail In Bank Fraud Case
A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466.51 crore bank fraud case, paving the way for him to walk out of jail after four years.
-
Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.
-
Paytm May Partner With 4 Banks For UPI Transactions: Report
India's troubled Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular Unified Payments Interface (UPI), two sources aware of the development told Reuters.
-
Yes Bank's Rana Kapoor Gets Bail In Money Laundering Case
A special court here on Thursday granted bail to Yes Bank cofounder Rana Kapoor in a money-laundering case linked to alleged financial irregularities at the bank.
-
SEBI Orders De-Freezing Of Rana Kapoor's Bank, Demat Accounts, Fund Folios
Capital markets regulator SEBI has ordered the de-freezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank.
-
Supreme Court Refuses To Grant Bail To Yes Bank Founder Rana Kapoor
Yes Bank founder Rana Kapoor's bail request in a money laundering case was today rejected by the Supreme Court.
-
Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday. Currently, large state-owned and private lenders, including State Bank of India, Bank of Baroda, ICICI Bank, HDFC Bank, Ko...
-
RBI's CBDC Can Now Be Accepted at Reliance General Insurance Through Yes Bank
Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India’s (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has tied up with Yes Bank to facilitate the collection of premiums in the digital mode using the bank's e-Rupee platfor...
-
Digital Rupee Trial Begins; Exponential Growth in UPI Payments Backs Optimism on India’s CBDC Pilot: Experts
India’s digital rupee CBDC went into retail trials on Thursday, December 1. The State Bank of India, ICICI Bank, Yes Bank, and IDFC First bank are the lenders that are participating in these trials, and upon completion, will testify if the CBDC is efficient and robust to use for day-to-day purchases.
-
Yes Bank's Rana Kapoor Granted Bail In Money Laundering Case
The Delhi High Court on Friday granted regular bail to former Managing Director and CEO of YES Bank Rana Kapoor in a Rs 466.51 crore money laundering case.
