Page 7 - Latest Updates on Rana Kapoor
Over 100 people in Yes Bank's 'top management' may lose ESOPs, bonuses
The first-of-its-kind move will mark the activation of RBI's ironclad November 4, 2019 guidelines on the compensation
 "Over 100 people in Yes Bank's 'top management' may lose ESOPs, bonuses")
Top 10 biz headlines: ED probes Rana Kapoor, GST on phones to rise and more
From Gujarat HC's notices over surcharge imposition to IndiGo's profit warning, here are the top 10 business stories for the day
 "Top 10 biz headlines: ED probes Rana Kapoor, GST on phones to rise and more")
Question marks remain over YES Bank rescue
The revised rescue plan for YES Bank looks better but it remains to be seen if it will be adequate to repair the damage done to confidence in the bank
 "Question marks remain over YES Bank rescue")
ICAI to review YES Bank's financial statements for FY18 and FY19
Firms say there are limits to audits identifying ever-greening of loans, or flagging suspect collateral securities
 "ICAI to review YES Bank's financial statements for FY18 and FY19")
ED identifies real estate assets of Rana Kapoor family in India, abroad
To seek provisional attachment in next few weeks
 "ED identifies real estate assets of Rana Kapoor family in India, abroad")
Yes Bank founder Rana Kapoor's ED custody extended till March 16
During the hearing, the ED told the special PMLA court that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during his tenure
 "Yes Bank founder Rana Kapoor's ED custody extended till March 16")
YES Bank founder Rana Kapoor tried to influence loan decisions: Gill to ED
Some aides of Kapoor, former board members may be asked to join probe
 "YES Bank founder Rana Kapoor tried to influence loan decisions: Gill to ED")
Price of leadership
SBI's YES Bank investment raises questions
 "Price of leadership")
ED seizes Rajiv Gandhi painting; many of YES Bank's big loans under scanner
The Enforcement Directorate has widened its probe in the YES Bank case, taking it beyond loans given to DHFL; it is now looking at the bank's books to see if the Kapoor family received kickbacks
Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more
Here's a selection of Business Standard Opinion pieces for the day.
 "Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more")
YES Bank to transform into a retail bank: Administrator Prashant Kumar
Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator
 "YES Bank to transform into a retail bank: Administrator Prashant Kumar")
YES Bank fallout: CBI books Rana Kapoor's wife and three daughters
Yes Bank has been put under a moratorium by the RBI till April 3, during which customers are not allowed to withdraw more than Rs 50,000.
 "YES Bank fallout: CBI books Rana Kapoor's wife and three daughters")
Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor
During his custodial interrogation, Kapoor said that he was "threatened and forced by Congress leader Milind Deora to buy the art piece". The agency says that it has evidence to support this claim.
 "Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor")
Congress asks Modi to explain 'sinking banks', not divert attention
"Prime Minister, you need to tell the nation what is the BJP's connection to the Yes Bank and its owner," Randeep Surjewala asked.
 "Congress asks Modi to explain 'sinking banks', not divert attention")
ED investigating big loans issued by Yes Bank, Kapoor's foreign assets
A dozen alleged shell firms, Kapoor family investments of Rs 2,000 crore and over Rs 4,500 crore worth of transactions are under the scanner of the agency at present.
 "ED investigating big loans issued by Yes Bank, Kapoor's foreign assets")
Hopeful of moratorium being lifted this week: Yes Bank administrator
The bank, which had over Rs 2.09 lakh crore in deposits, was put under moratorium last Thursday due to an inability to raise capital. Its board was superseded and Kumar was placed as the administrator
Yes Bank crisis: Working to restore all services soon, says Kumar
Before the RBI action, YES Bank had deferred announcement of its earnings for the 3rd quarter of 2019-20 to March 14 or before. "I think we are going to declare our results on March 14th," Kumar said.
Yes Bank rescue: India's TARP moment?
Why did the Reserve Bank have to take the moratorium route to sew the deal? Why now?
 "Yes Bank rescue: India's TARP moment?")
Rana Kapoor to face Mumbai court after arrest in money laundering case
Former YES Bank MD & CEO Rana Kapoor was grilled by the ED for several hours on Saturday, and searches were conducted at his and his daughters' houses
 "Rana Kapoor to face Mumbai court after arrest in money laundering case")
One rupee: The value that foreign brokerages attach to the YES Bank stock
Macquarie Capital Securities also said if State Bank of India (SBI) decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired
 "One rupee: The value that foreign brokerages attach to the YES Bank stock")