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BS Web Team

BS Web Team

BS Web Team

News reports and updates by the online desk of Business Standard

News reports and updates by the online desk of Business Standard

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Page 970 - Bs Web Team

Chidambaram calls SBI plan for YES Bank bizarre, attacks Modi govt

Blames Centre for being oblivious to a 35% spike in private lender's loan book since 2014, hints that SBI was arm-twisted into the deal

Chidambaram calls SBI plan for YES Bank bizarre, attacks Modi govt
Updated On : 08 Mar 2020 | 7:45 AM IST

YES Bank crisis: ED widens probe; raids Rana Kapoor's residence

The ED had searched Rana's residence in the upscale 'Samudra Mahal' complex in the Worli area on Friday night and had grilled him there too

YES Bank crisis: ED widens probe; raids Rana Kapoor's residence
Updated On : 07 Mar 2020 | 6:35 PM IST

Have set Rs 10,000 cr as upper limit for investment in YES Bank: SBI chief

The SBI chief has also said that the initial investment in YES Bank will be Rs 2,450 crore

Have set Rs 10,000 cr as upper limit for investment in YES Bank: SBI chief
Updated On : 07 Mar 2020 | 3:18 PM IST

Yes Bank crisis HIGHLIGHTS: ED raids Rana Kapoor's Mumbai residence

The Reserve Bank of India has capped withdrawals at Rs 50,000 and imposed strict limits on operations at Yes Bank.

Yes Bank crisis HIGHLIGHTS: ED raids Rana Kapoor's Mumbai residence
Updated On : 07 Mar 2020 | 3:26 AM IST

ATM queues to govt assurance: YES Bank crisis in pictures

RBI on Friday unveiled 'Scheme of Reconstruction' for Yes Bank, saying that the SBI has expressed willingness to invest in the crisis-ridden lender

ATM queues to govt assurance: YES Bank crisis in pictures
Updated On : 06 Mar 2020 | 7:53 PM IST

Top headlines: YES Bank rescue plan, Coronavirus India cases rise, and more

From Air India's disinvestment plan to YES Bank's stock crash, here are the top stories for the day

Top headlines: YES Bank rescue plan, Coronavirus India cases rise, and more
Updated On : 06 Mar 2020 | 6:03 PM IST

RBI draft plan: SBI to invest in reconstructed YES Bank up to 49%

The draft comes a day after the RBI imposed a moratorium on the bank, restricting withdrawals to Rs 50,000 per depositor till April 3

RBI draft plan: SBI to invest in reconstructed YES Bank up to 49%
Updated On : 06 Mar 2020 | 6:02 PM IST

Market Wrap, March 6: Sensex tanks 894 pts, Nifty at 10,989

On a weekly basis, Sensex dropped 1.8 per cent while Nifty lost 1.89 per cent

Market Wrap, March 6: Sensex tanks 894 pts, Nifty at 10,989
Updated On : 06 Mar 2020 | 4:47 PM IST

YES Bank crisis: FM assures depositors as RBI promises quick resolution

RBI has assured there will be a quick resolution, says FM, even as RBI Governor promises resolution in 30 days; SBI Chairman Rajnish Kumar says problem at hand is lender-specific, not sectoral

YES Bank crisis: FM assures depositors as RBI promises quick resolution
Updated On : 06 Mar 2020 | 3:29 PM IST

The new Volkswagen Tiguan Allspace SUV launched in India: Here are the pics

The new Tiguan being offered in only one variant and is priced at Rs. 33.12 lakh (ex-showroom, India)

The new Volkswagen Tiguan Allspace SUV launched in India: Here are the pics
Updated On : 06 Mar 2020 | 3:03 PM IST

No sedition in school play against CAA, NRC: District court in Bidar rules

The court cited a lack of material for a prima facie case of sedition

No sedition in school play against CAA, NRC: District court in Bidar rules
Updated On : 06 Mar 2020 | 2:39 PM IST

Want to assure YES Bank depositors that their money is safe: FM Sitharaman

She added that the people can withdraw money to deal with tough situations and the cash crunch is being dealt with

Want to assure YES Bank depositors that their money is safe: FM Sitharaman
Updated On : 06 Mar 2020 | 2:25 PM IST

ICC Women's T20I WC final showdown: Australia confident, but India ahead

As both teams gear up for the final, reactions are pouring in from around the cricketing world and a war of words between players has escalated

ICC Women's T20I WC final showdown: Australia confident, but India ahead
Updated On : 06 Mar 2020 | 12:33 PM IST

YES Bank resolution will be swift, 30 days is an outer limit: RBI governor

The RBI governor also said that the impact of Covid-19 on India will be limited

YES Bank resolution will be swift, 30 days is an outer limit: RBI governor
Updated On : 06 Mar 2020 | 12:27 PM IST

India a strife-ridden majoritarian state in economic despair: Manmohan

He said that India needs to be prepared to deal with covid-19 regardless of the magnitude of the impact and must brace itself for its economic shock

India a strife-ridden majoritarian state in economic despair: Manmohan
Updated On : 06 Mar 2020 | 10:34 AM IST

Teen sensation Shafali Verma roped in as brand ambassador by PepsiCo

Shafali is hailed as one of the promising talents to watch out for in women's cricket

Teen sensation Shafali Verma roped in as brand ambassador by PepsiCo
Updated On : 06 Mar 2020 | 9:29 AM IST

Market Ahead, March 6: Top factors that could guide markets today

Yesterday, the SBI said its board had given in-principle approval to consider an "investment opportunity" in YES Bank although no decision had yet been taken to pick up stake in the bank

Market Ahead, March 6: Top factors that could guide markets today
Updated On : 06 Mar 2020 | 8:15 AM IST

Top 10 biz headlines: RBI supersedes YES Bank, SBI considers buying stake

From the State Bank of India exploring opportunity to pick up stake in YES Bank to RBI Deputy Governor deciding to step down, Business Standard brings you the top headlines of the day

Top 10 biz headlines: RBI supersedes YES Bank, SBI considers buying stake
Updated On : 06 Mar 2020 | 7:46 AM IST

Top events of the day: SC verdict on land acquisition, Shah in WB, and more

The Supreme Court will hear a plea of BJP leader and lawyer Ashwini Upadhyay seeking immediate direction to Centre to implement Law Commission's report on hate speech.

Top events of the day: SC verdict on land acquisition, Shah in WB, and more
Updated On : 06 Mar 2020 | 7:07 AM IST

Withdrawal limit to 'govt bailout': 10 points about Yes Bank's troubles

Yes Bank has been placed under moratorium and the government is reportedly planning a rescue plan involving a capital injection by a consortium led by State Bank of India.

Withdrawal limit to 'govt bailout': 10 points about Yes Bank's troubles
Updated On : 05 Mar 2020 | 11:10 PM IST