Bindu Rana Kapoor was a director in at least 42 companies, many of them investment companies, data accessed shows, some of whom have been named in the FIR registered by the CBI for receiving kickbacks to the tune of Rs 600 crore from DHFL as a builder loan.
More than Rs 1,900 crore belonging to the Himachal Pradesh government and people in the state are stuck in the collapsed Yes Bank, Chief Minister Jai Ram Thakur informed the Assembly on Thursday.
SBI Cards IPO: Troubles for depositors' of crash-strapped Yes Bank has not ended yet as among many hits could be investors who have applied for SB Cards IPO. Investors who have applied for SBI Cards’ initial public offering (IPO) will be given an allotment of the shares with the condition.
A senior ISKCON official on Wednesday said the Yes Bank crisis may adversely affect mid-day meals of lakhs of underprivileged children who are fed by the organisation through its "Annamrita" wing.
The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) would take up the review of general-purpose financial statements of Yes Bank for 2017-18 and 2018-19.
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.
Shares of Yes Bank continued to gain for the second consecutive session on Wednesday, rallying over 35 per cent, as investor sentiment turned positive after SBI said it will buy 49 per cent stake in the cash-strapped lender.
Shares of Yes Bank continued to gain for the second consecutive session on Wednesday, rallying up to 28 per cent, as investor sentiment turned positive after SBI said it will buy a 49 per cent stake in the cash-strapped lender. The scrip spiked up to 28 per cent to Rs 27.20 on the BSE. On the NSE, it jumped by similar margins to Rs 27.20.
In the aftermath of Yes Bank crisis, Private sector lender RBL Bank on Wednesday said it is "well capitalised" and there is no adverse change in its asset quality. The statement comes in the wake of the Yes Bank crisis, following which stock prices of various banks went sharply down.
Before Yes Bank founder Rana Kapoor could shift his base from India to any foreign country, the Enforcement Directorate (ED) took him in its custody and his plan to sell his three Delhi-based properties amounting over Rs 1,000 crore failed.
Crisis-hit Yes Bank said on Tuesday that customers could now make payments towards their credit card and loans through other bank accounts, days after prominent banking services were curtailed after the RBI imposed moratorium on the lender.
The Enforcement Directorate (ED) here on Monday seized former Prime Minister Rajiv Gandhi's portrait, bought by arrested Yes Bank founder Rana Kapoor from Congress General Secretary Priyanka Gandhi Vadra for Rs 2 crore in June 2010.
Reacting to the Yes Bank crisis, senior advocate Vikas Pahwa on Monday advised investors and depositors not to approach the courts immediately
Indian stock market has seen its worst fall ever on Monday. Market benchmark Sensex plummeted over 1,941 points on Monday, wiping off investor wealth worth around 7 lakh crore, following global market meltdown triggered by rapidly-spreading coronavirus and free fall in oil prices. After sinking over 2,467 points during the day, the 30-share index settled 1,941.67 points or 5.17 per cent lower at 35,634.95.
The CBI investigation into the case involving Yes Bank founder Rana Kapoor has revealed that he and his family members were paid Rs 600 crore as kickback by DHFL promoter Kapil Wadhwan in the garb of a "builder loan".
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.
After a link between Congress leader Priyanka Gandhi Vadra and former Yes Bank CEO Rana Kapoor has come to the fore, through an MF Husain painting, a war of words broke out between the BJP and the Congress over the Yes Bank crisis.
The Central Bureau of Investigation (CBI) has named Yes Bank founder Rana Kapoor, his wife, and daughters in an FIR registered against him in connection with the bank scam pertaining to the Rs 600 crore alleged bribe to his family by DHFL.
Yes Bank Crisis Live Updates: The CBI carried out searches at seven locations, including Rana Kapoor's house on Monday in connection with the Yes Bank scam pertaining to the Rs 600 crore alleged bribe to the family of its co-founder Rana Kapoor by DHFL.
Shriram Transport Finance in a regulatory filing said that the "company does not hold any additional tier I bonds of Yes Bank Ltd" The filing further noted that "the company had invested in Upper Tier II Bonds of Yes Bank Ltd of Rs 50 crores in the year 2010 and the same are outstanding as on date".
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