Page 612 - Finance News

Days after Yes Bank crisis, IndusInd Bank defers fund raising plans

The original plan was to borrow in local or foreign currency through AT-1 instrument or tier-2 capital

ED expands YES Bank probe, searches homes of Rana Kapoor's three daughters

The source said the searches are being carried out at the residential premises of all three daughters -- Rakhee Kapoor Tandon, Roshni Kapoor and Radha Kapoor

SBI says YES Bank survival crucial, can invest up to Rs 10,000 cr in it

SBI chief asserts private lender's failure could have huge implications for economy, says many co-investors have evinced interest afte reading RBI draft

YES Bank crisis: ED widens probe, searches homes of Rana Kapoor's daughters

Sources said the agency might also register a separate case against Rana Kapoor, depending on the outcome of the search operation.

Yes Bank crisis: PayNearby says functioning 'without any disruption'

The Reserve Bank of India has imposed a moratorium on the bank and restricted withdrawals to Rs 50,000 per depositor till April 3

Hold RBI accountable, bring YES Bank under govt control, says AIBEA

The AIBEA said that people's money should be for people's welfare and not for private loot

Yes Bank rescue plan: SBI to own 245 cr shares worth Rs 2,450 cr

SBI shall not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital, the country's largest lender said in a statement.

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

Newsmaker: Ravneet Gill and the big bet on the wrong bank

Gill had the unenviable task of steering a troubled entity with legacy issues. But he could have been more proactive

Yes Bank customers rush to branches as panic withdrawals run ATMs dry

Customers are also facing trouble because net banking services are not working and some even complained that their credit cards are also not working

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

YES Bank crisis: AMCs stare at Rs 3,345 cr exposure to equity, bonds

As per the data, SBI Mutual Fund has the highest exposure of Rs 152.83 crore, followed by Rs 67 crore by HDFC Mutual Fund in the bank's equities, as at the end of January.

YES Bank crisis: ED searches founder, ex-CEO Rana Kapoor's Mumbai house

Confirming the development, an ED official said searches would continue over the weekend and Kapoor might have to face questioning by sleuths

YES Bank 'won't fall off the cliff', SBI to rescue it with 49% stake

To pick up 49% stake in bank for Rs 2,650 cr; administrator says working to revive bank well before moratorium period ends

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 stock crash: Retail investors have taken a Rs 3,300-crore hit

For LIC, the mark-to-market hit could have been over Rs 600 crore; FIIs' holding down by Rs 1,162 crore

YES Bank crisis: Mutual fund industry stares at Rs 3,000-crore hole

Nippon India's schemes saw maximum impact following perpetual bond write-offs

MFs urge investors to de-link YES Bank account and scout for alternatives

Move aimed to avoid funds getting blocked in account post-redemption request

Foreign exchange reserves a cushion for India against virus impact: RBI guv

He stressed that a swap line was critical from the point of view of preserving global financial stability

YES Bank fallout: Additional tier-1 bondholders plan legal action

The RBI's draft reconstruction plan for YES Bank states that AT-1 bondholders shall not be entitled to get any compensation from the reconstructed bank