Page 12 - Dhfl

YES Bank case: ED slaps Rs 5,500-crore kickback charge on Rana Kapoor

Charge sheet filed against YES Bank co-founder

The logjam of risk aversion

Banks need sovereign support to lend to non-AAA borrowers in the wake of the Franklin crisis

Why Franklin-type fiasco will keep repeating

What went wrong? Is there a systemic flaw? Is there a role for the regulator here? Can this happen again? What should you do to avoid such accidents?

Yes Bank scam: CBI takes DHFL promoters Wadhawan brothers into custody

The Wadhawan brothers are named as accused in the CBI FIR pertaining to swindling of money by Rana Kapoor and others, the officials said

YES Bank scam: DHFL promoters seek protection from arrest amid lockdown

The court has asked the Enforcement Directorate (ED) to file its reply on Thursday and directed the agency not to take any coercive action until then, the lawyer added

Covid-19: IPS officer sent on leave over Wadhawans' travel amid lockdown

The bureaucrat had issued a letter exempting the Wadhawans from the lockdown norms citing a family emergency

ED seizes five DHFL promoter-owned luxury vehicles that violated lockdown

The Wadhawan brothers and their kin used the cars to travel to their farmhouse in Mahabaleshwar in order to dodge agencies investing the Yes bank-Rana Kapoor kickback case

Maharashtra cops file case against Wadhawans for flouting Covid-19 lockdown

According to the complaint, the Wadhawan family had no medical or family emergency to visit the place and they had not obtained any permission in this regard

DHFL promoters found at farmhouse, detained for violating lockdown order

Police found 23 people including members of the Wadhawan family at their farmhouse, an official said.

Cash-strapped DHFL not to make any payment to lenders, bondholders

The Corporate Insolvency Resolution Process (CIRP) was initiated against the debt-ridden company as per the provisions of the Insolvency and Bankruptcy Code, 2016 with effect from December 3, 2019

YES Bank fiasco: ED asks Anil Ambani to appear again on March 30

Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor

A discredited business world

The YES Bank debacle together with serial abscondings (Lalit Modi, Vijay Mallya, Nirav Modi) and spectacular business busts (IL&FS, DHFL, Jet Airways) has helped Indian business reputation hit a low

YES Bank crisis: How Rana Kapoor's firm expanded aggressively through loans

According to sources, the Kapoor companies invested around $10-11 million in Awfis but their shareholding got diluted as new investors came in.

YES Bank planning to sell Rs 4,000-crore exposure to Vodafone Idea

Proceeds to be used to shore up liquidity

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

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.

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.

YES Bank scam: CBI carries out searches at 7 locations on bribery charges

Teams of CBI officers are carrying out operations at the residence and official premises of the accused in Mumbai

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

YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe

12 shell firms, 2 UK assets, 44 paintings under ED scanner; London-bound daughter stopped at Mumbai Airport; CBI books Kapoor and Wadhawan on charges of cheating