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Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers
Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...
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Jailed Yes Bank Founder Rana Kapoor's Rs 127 Crore London Flat Seized
A posh apartment of jailed Yes Bank founder Rana Kapoor worth Rs 127 crore in London has been attached by the Enforcement Directorate as it digs deeper into alleged money laundering involving the private bank's former boss.
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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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Crisis-Hit Yes Bank Founder Rana Kapoor's Wife, Daughters Charged By CBI
Yes Bank founder Rana Kapoor, his wife and three daughters are among 13 accused named by the CBI in a spiraling investigation into bribery and money-laundering linked to India's fourth largest private lender. The charges were filed on a day of raids in seven locations linked to the family.
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Debit Card Holders Can Withdraw From ATMs: Yes Bank In Late-Night Tweet
In a late-night tweet, crisis-ridden Yes Bank said that customers can "now make withdrawals" using debit cards, three days after the Reserve Bank Of India (RBI) placed the private lender under a moratorium, capped deposit withdrawals at Rs 50,000 per account for a month and superseded its board.
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Yes Bank Impact: PhonePe, Swiggy, Flipkart Affected By the Moratorium on Private Bank [Update]
Yes Bank faced a moratorium from the Reserve Bank of India (RBI) on Thursday that has affected various fintech startups and companies enabling payments over UPI.
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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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Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit
After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50,000, depositors in Mumbai rushed to the ATMs for withdrawing cash.
![Yes Bank Impact: PhonePe, Swiggy, Flipkart Affected By the Moratorium on Private Bank [Update]](https://i.gadgets360cdn.com/large/yes_bank_account_holders_line_image_reuters_1583488631842.jpg?downsize=260:195 "Yes Bank Impact: PhonePe, Swiggy, Flipkart Affected By the Moratorium on Private Bank [Update]")
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Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers
Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...
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Jailed Yes Bank Founder Rana Kapoor's Rs 127 Crore London Flat Seized
A posh apartment of jailed Yes Bank founder Rana Kapoor worth Rs 127 crore in London has been attached by the Enforcement Directorate as it digs deeper into alleged money laundering involving the private bank's former boss.
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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.
-
Crisis-Hit Yes Bank Founder Rana Kapoor's Wife, Daughters Charged By CBI
Yes Bank founder Rana Kapoor, his wife and three daughters are among 13 accused named by the CBI in a spiraling investigation into bribery and money-laundering linked to India's fourth largest private lender. The charges were filed on a day of raids in seven locations linked to the family.
-
Debit Card Holders Can Withdraw From ATMs: Yes Bank In Late-Night Tweet
In a late-night tweet, crisis-ridden Yes Bank said that customers can "now make withdrawals" using debit cards, three days after the Reserve Bank Of India (RBI) placed the private lender under a moratorium, capped deposit withdrawals at Rs 50,000 per account for a month and superseded its board.
-
Yes Bank Impact: PhonePe, Swiggy, Flipkart Affected By the Moratorium on Private Bank [Update]
Yes Bank faced a moratorium from the Reserve Bank of India (RBI) on Thursday that has affected various fintech startups and companies enabling payments over UPI.
-
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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Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit
After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50,000, depositors in Mumbai rushed to the ATMs for withdrawing cash.
