Yes Bank Crisis
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Yes Bank Reports Rs 18,564 Crore Loss For December Quarter
Yes Bank, which was put under moratorium by the government last week, had reported a net profit of Rs 1,000 crore in the year-ago period and a loss of Rs 629 crore in the preceding September quarter.
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Maharashtra Government Advises Departments To Shift Accounts To Nationalised Banks
Despite pleas from the Reserve Bank against it, the Maharashtra government on Friday issued a circular asking all its departments to shift their accounts to nationalised banks.
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Rana Kapoor Along With Family Owned 78 Shell Companies: Probe Agency
Arrested Yes Bank founder Rana Kapoor, who along with his family members owned 78 shell companies, was the one who handled and controlled the affairs of these companies, Enforcement Directorate (ED) officials said.
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Yes Bank Founder Rana Kapoor's Custody Extended Till Mar 16
A special court on Wednesday extended till March 16 the Enforcement Directorate (ED) custody of Yes Bank founder Rana Kapoor, arrested on money laundering charges.
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Working To Restore All Services, Says Yes Bank Administrator
RBI-appointed Yes Bank administrator Prashant Kumar on Monday said the lender is working to restore all banking services for its customers as soon as possible.
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Most Bank Depositors Safe After Insurance Hike: Chief Economic Advisor
Chief Economic Advisor (CEA) KV Subramanian on Sunday said the amount of deposits that are insured has been raised to Rs 5 lakh which covers a significant majority of the deposits, hence depositors need not be worried.
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No ATM Or Net Banking- Bank Withdrawal Only Option For Yes Bank Customers
Panicked Yes Bank customers were seen queuing up at the bank's ATMs at various locations, but to no avail as most of the money-dispensing machines have no cash, after the Reserve Bank placed the crisis-hit lender under a moratorium.
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Yes Bank Founder Rana Kapoor's Home Searched By Enforcement Directorate
House Of Yes Bank Founder Rana Kapoor Searched By Enforcement Directorate
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Concern Over Puri Jagannath Temple's Rs 545 Crore Deposited In Yes Bank
Devotees of Lord Jagannath and priests at the centuries-old temple in Puri are worried following Reserve Bank of India restrictions on Yes Bank where Rs 545 crore is deposited in the deity's name.
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PM's Ideas Destroyed India's Economy: Rahul Gandhi Over Yes Bank Crisis
"No Yes Bank," Congress leader Rahul Gandhi said on Friday, taking a dig at the BJP-led government over the moratorium placed on Yes Bank, and alleged that Prime Minister Narendra Modi and his "ideas" had destroyed the country's economy.
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Congress Leader P Chidambaram Terms Yes Bank Crisis As "Regulatory Failure"
Former finance minister and Congress leader P Chidambaram on Friday termed Yes Bank crisis as a completely "regulatory failure" and said there is no need to panic as the Reserve Bank of India (RBI) placed restrictions on the bank.
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"Lock Le Lo BJP Slogan": Congress Shreds Government Over Yes Bank Crisis
The Congress on Friday hit out at the government over the crisis at Yes Bank, alleging that people "are paying for BJP financial misadventures from their pocket". The opposition party also sought Finance Minister Nirmala Sitharaman's resignation.
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Yes Bank Reports Rs 18,564 Crore Loss For December Quarter
Yes Bank, which was put under moratorium by the government last week, had reported a net profit of Rs 1,000 crore in the year-ago period and a loss of Rs 629 crore in the preceding September quarter.
-
Maharashtra Government Advises Departments To Shift Accounts To Nationalised Banks
Despite pleas from the Reserve Bank against it, the Maharashtra government on Friday issued a circular asking all its departments to shift their accounts to nationalised banks.
-
Rana Kapoor Along With Family Owned 78 Shell Companies: Probe Agency
Arrested Yes Bank founder Rana Kapoor, who along with his family members owned 78 shell companies, was the one who handled and controlled the affairs of these companies, Enforcement Directorate (ED) officials said.
-
Yes Bank Founder Rana Kapoor's Custody Extended Till Mar 16
A special court on Wednesday extended till March 16 the Enforcement Directorate (ED) custody of Yes Bank founder Rana Kapoor, arrested on money laundering charges.
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Working To Restore All Services, Says Yes Bank Administrator
RBI-appointed Yes Bank administrator Prashant Kumar on Monday said the lender is working to restore all banking services for its customers as soon as possible.
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Most Bank Depositors Safe After Insurance Hike: Chief Economic Advisor
Chief Economic Advisor (CEA) KV Subramanian on Sunday said the amount of deposits that are insured has been raised to Rs 5 lakh which covers a significant majority of the deposits, hence depositors need not be worried.
-
No ATM Or Net Banking- Bank Withdrawal Only Option For Yes Bank Customers
Panicked Yes Bank customers were seen queuing up at the bank's ATMs at various locations, but to no avail as most of the money-dispensing machines have no cash, after the Reserve Bank placed the crisis-hit lender under a moratorium.
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Yes Bank Founder Rana Kapoor's Home Searched By Enforcement Directorate
House Of Yes Bank Founder Rana Kapoor Searched By Enforcement Directorate
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Concern Over Puri Jagannath Temple's Rs 545 Crore Deposited In Yes Bank
Devotees of Lord Jagannath and priests at the centuries-old temple in Puri are worried following Reserve Bank of India restrictions on Yes Bank where Rs 545 crore is deposited in the deity's name.
-
PM's Ideas Destroyed India's Economy: Rahul Gandhi Over Yes Bank Crisis
"No Yes Bank," Congress leader Rahul Gandhi said on Friday, taking a dig at the BJP-led government over the moratorium placed on Yes Bank, and alleged that Prime Minister Narendra Modi and his "ideas" had destroyed the country's economy.
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Congress Leader P Chidambaram Terms Yes Bank Crisis As "Regulatory Failure"
Former finance minister and Congress leader P Chidambaram on Friday termed Yes Bank crisis as a completely "regulatory failure" and said there is no need to panic as the Reserve Bank of India (RBI) placed restrictions on the bank.
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"Lock Le Lo BJP Slogan": Congress Shreds Government Over Yes Bank Crisis
The Congress on Friday hit out at the government over the crisis at Yes Bank, alleging that people "are paying for BJP financial misadventures from their pocket". The opposition party also sought Finance Minister Nirmala Sitharaman's resignation.
