June 10, 2021 7:32 am
The complaint is part of the FIR registered by CBI on June 2. The agency on Wednesday conducted searches at 14 locations spread across Delhi-NCR, Lucknow, Secunderabad and Kolkata and claimed to have recovered “incriminating documents and digital evidence”.
June 07, 2021 2:38 pm
Yes Bank said it will raise funds in "Indian/foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds, medium term note."
May 25, 2021 3:32 am
The interim stay order by the SAT is subject to an undertaking by Yes Bank that if the case is decided against the bank, it would pay the penalty within two weeks from the date of such an order.
April 12, 2021 6:57 pm
"I am really excited. A scam of this magnitude has to be taken to masses," the author said
January 27, 2021 6:25 pm
Last year, Rana Kapoor was arrested by ED for allegedly taking kickbacks in lieu of granting loans to several companies including Dewan Housing Finance Corporation Ltd (DHFL) and Cox and Kings Ltd, that have now defaulted on repayments
November 26, 2020 2:31 pm
RBI has imposed a moratorium on Lakshmi Vilas Bank and drafted a scheme for a merger. What does this mean for depositors, and for the financial sector, which has witnessed a series of failures in recent years?
November 18, 2020 7:16 am
The Lakshmi Vilas Bank's problems had been simmering for quite some time. It posted a net loss of Rs 397 crore in the September quarter of FY21, as against a loss of Rs 112 crore in the June quarter.
November 12, 2020 9:06 pm
Roshni Kapoor, one of the eight accused named in the case, was last month granted interim bail in the same case.
November 12, 2020 6:20 pm
Roshni Kapoor is one of the eight accused named in the charge sheet filed in the case by the CBI under provisions of the Prevention of Corruption (PC) Act and Indian Penal Code.
November 05, 2020 1:04 am
The court observed that the offences committed were pursuant to "conspiracy among accused" for "personal gain" and depositors and shareholders of Yes Bank were "real victims".