Page 614 - Finance News

YES Bank crisis: RBI's Moratorium on lender to be lifted on March 18

RBI had on March 5 put a moratorium on Yes Bank restricting withdrawals to Rs 50,000 per depositor till April 3

YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon

The YES Bank reconstruction plan will include an equity investment of at least Rs 11,350 crore from various entities, including multiple private lenders.

PNB set to revamp business and strategy of five regional rural banks

The consultancy or advisory firm will conduct assessment of core business opportunities and work towards a holistic operating model review.

YES Bank crisis: CBI files another case against Rana Kapoor, wife

'Conspired' with Avantha group and bought house at discounted price

YES Bank row: Maharashtra civic bodies asked not to keep money in pvt banks

Taking part in discussion on the Yes Bank issue, he said the government would take a review to know the quantum of civic bodies' funds stuck in that bank

Lord Jagannath's money in YES Bank: Odisha House panel to probe

The committee will inquire into the deposit of the Lords money in the private bank by the Shree Jagannath Temple Administration

CBI books YES Bank founder Rana Kapoor, wife, and others in fresh case

The probe agency is carrying out searches in Delhi and Mumbai at multiple locations

YES Bank recast scheme: Additional tier-I bonds see spike in yields

Market participants say ask yields for other large-sized banks' AT-1 bonds have hardened further

ICICI Bank, HDFC, Kotak and Axis Bank join SBI to invest in YES Bank

The ICICI Bank in a regulatory filing said that the board has approved an equity investment of up to Rs 1000 crore in equity shares of YES Bank Limited

ICICI Bank to invest Rs 1,000 cr in Yes Bank; to hold stake in excess of 5%

"This investment is likely to result in ICICI Bank Ltd holding in excess of 5 per cent shareholding in Yes Bank," the lender said in a regulatory filing.

Union Cabinet clears draft resolution scheme for YES Bank revival

The scheme was announced a day after the RBI imposed a month-long moratorium on YES bank

LVB asserts liquidity coverage ratio higher than RBI-mandated level

The bank would like to take this opportunity "to assure our customers that their deposits are safe in our bank"

Banks' credit grows 6.13%, deposits 9% in the second half of Feb: RBI data

Growth in advances to the services sector decelerated to 8.9% from 23.9% in January 2019

Ensure credit not disrupted after bank merger, Finance Ministry tells PSBs

The FM met chief executives of public sector banks which are going to be merged from April 1

PMC Bank scam: Mumbai Police arrests former director, two others

Jasvinder Singh Banwait, Vishwanatha Shridhar Prabhu and Shripad Govind Jere were arrested on Thursday

YES Bank fiasco: RBI asks states not to withdraw funds from private banks

'We strongly believe that such a move can have banking and financial sector stability implications,' the letter stated

YES Bank bondholders say will withdraw court plea if RBI accepts offer

Overall, more than Rs 8,000 crore of investments are exposed to YES Bank's AT-1 bonds

SBI to invest Rs 7,250 cr in crisis-hit YES Bank as part of RBI rescue plan

Under the reconstruction scheme, SBI is to buy up to 49 per cent of YES Bank and cannot reduce its holding below 26 per cent for the next three years

SBI approves Rs 7,250 cr fund infusion into Yes Bank, to pick up 49% stake

SBI said its shareholding in Yes Bank will remain within 49 per cent of the paid up capital of the private lender and following the fund infusion, it will pick up 725 crore shares

Coronavirus: RBI may slash rates by at least 65 bps by June, says Barclays

The RBI will begin to look beyond inflation and start easing rates to the tune of 65 basis points by June, according to Barclays