October 22, 2020 02:20 (IST)
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Former Maharashtra minister Eknath Khadse quits BJP, set to join NCP | 15 killed in stampede near Pakistan consulate in eastern Afghanistan | Pakistan: Explosion in Karachi's Gulshan-i-Iqbal area leaves 3 dead, 15 injured | ED again summons Farooq Abdullah in JKCA scam, NC alleges coercive plot | Uttar Pradesh: Prof Ram Gopal Yadav files nominations for biennial RS polls

HDFC Life, Yes Bank enter into Corporate Agency (CA) arrangement

Mumbai/UNI:  HDFC Life, one of India’s leading life insurers and YES BANK Limited entered into a Corporate Agency (CA) arrangement.

In first reconstruction scheme led by banks, Yes Bank repays entire Rs 50,000 crore to RBI: Chairman Sunil Mehta

Mumbai/UNI/IBNS: Yes Bank has fully repaid Rs 50,000 crore to Reserve Bank of India (RBI), it borrowed under the SLF (Special Liquidity Facility) amid the crisis  faced last year, well ahead of time, Yes Bank Chairman Sunil Mehta has said in the bank's Annual General Meeting on Thursday, adding that the private lender's revival marks the first successful reconstruction scheme led by banks in India’s banking history, 

ED attaches Yes Bank founder Rana Kapoor's properties worth Rs 1,400 cr

Mumbai/IBNS: The Enforcement Directorate on Thursday seized Yes Bank founder Rana Kapoor and his family's assets worth over Rs 1,400 crore, including properties in London, New York and Mumbai under the anti-money laundering law, media reports said.

IndusInd Bank in troubled waters after erosion in deposits

Mumbai/IBNS: IndusInd Bank shares slumped over 10 per cent on Tuesday after the bank revealed it has lost 10 per cent of its deposits since Yes Bank was declared insolvent this year, media reports said.

ICICI Bank announces to invest Rs 1,000 cr in Yes Bank via equity

Mumbai/UNI:  Largest private sector lender ICICI Bank on Friday said that its boards of directors in a meeting held on March 12 has approved an investment of Rs 1,000 crore in Yes Bank via equity route.

Yes Bank crisis: CBI searches 7 locations, files FIR against 5 companies, Rana Kapoor's family

Mumbai/IBNS: A day after CBI registered an FIR against Yes Bank founder and its former MD Rana Kapoor under charges of criminal conspiracy and cheating, the central investigating agency searched seven locations in connection with the Yes Bank scam case, media reports said.

Bloodbath in Indian market as Sensex tanks 1,942 points, NIFTY down by 538 points

Mumbai/IBNS/UNI: Amid the novel Coronavirus scare, crisis in Yes Bank and the downfall in the global market, the stock market in India witnessed a bloodbath with the fall of 1,942 points on Monday.

Maharashtra govt's Rs 1,125 cr stuck in Yes Bank

Mumbai/UNI: Maharashtra government has sought details of reserves lying with various private sector banks as around Rs 1,125 cr of the government are stuck in beleaguered Yes Bank, official sources said here on Saturday.

Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman

Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.

No clue about Yes Bank's crisis: Founder Rana Kapoor

Mumbai/IBNS: Yes Bank founder and former MD Rana Kapoor has said he is unaware of the developments that led the Reserve Bank of India to impose moratorium on the private bank, an India Today report said.

Your money is safe, don't panic: Yes Bank tells customers

New Delhi/IBNS: Yes Bank on Friday assured its customers that all their money is safe and there was no need to panic.

Our govt is committed to ensuring that depositors' interests are safeguarded: Nirmala Sitharaman on Yes Bank crisis

New Delhi/IBNS: Union Finance Minister Nirmala SItharaman on Friday reacted to the development following the emergence of the Yes Bank crisis and assured people that their money will remain safe.

Yes Bank update impacts fintech start ups and app based services

Mumbai/IBNS: Several fintech startups and apps are facing problems in their operations after Yes Bank was put under moratorium by the Reserve Bank of India on Thursday.

If govt can look into Yes Bank, then why not PMC, PEN urban or Rupee Bank: AIBEA

Aurangabad/UNI: All India Bank Employees Association (AIBEA) on Friday asked the government that if it can look into financial crisis of Yes Bank, then why not of PMC, PEN urban or Rupee Bank.

Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman

New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.