Mumbai/UNI: HDFC Life, one of India’s leading life insurers and YES BANK Limited entered into a Corporate Agency (CA) arrangement.
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,
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.
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.
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.
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.
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.
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.
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.
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.
New Delhi/IBNS: Yes Bank on Friday assured its customers that all their money is safe and there was no need to panic.
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.
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.
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.
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.