Page 6 - Rana Kapoor

HDFC to hold 7.97% stake in YES Bank for Rs 1,000 crore capital infusion

On Friday, HDFC said it is investing in 100 crore equity shares of Rs 2 each in Yes Bank for a consideration of Rs 10 per share (including Rs 8 premium) for an aggregate consideration of Rs 1,000 cr

YES Bank crisis: ED summons Anil Ambani in probe against Rana Kapoor

Confirming the development, an ED official said the agency was examining all the big borrowers of the bank, and the stressed loans sanctioned during Kapoor's tenure

Company, promoters don't have any outstanding term loan from YES Bank: IHFL

The bank asserted that its financial health is sound and the Capital to Risk Weighted Assets ratio, the main parameter, is well above the limit prescribed by the RBI

YES Bank looks to contain slippages to around Rs 8,500 crore in FY21

Its standard advances after subtracting net NPAs were about Rs 1.75 trillion at end-December

Fresh blows, disappointments to investors of crisis-hit YES Bank

Auditors cast doubts on bank's ability to remain a going concern, investors holding more than 100 shares barred from selling stock

YES Bank fiasco: Mutual funds to approach Sebi on 3-year lock-in

Nifty, Bank Nifty funds will have to sell stock after index exclusion

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 crisis: CBI files another case against Rana Kapoor, wife

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

Banks, depositors, taxpayers

Depositors are a subset of taxpayers. A depositor also pays tax. So what he gains as a depositor he may well be losing as a taxpayer

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

Yes Bank crisis: RBI asks state govts not to move deposits from pvt banks

Himachal Pradesh Chief Minister Jai Ram Thakur informed the Assembly that more than Rs 1,900 crore belonging to the state government and people in the state are stuck in Yes Bank

Rana Kapoor's wife Bindu was director in 42 firms, some named in CBI FIR

Former Yes Bank founder, Rana Kapoor's wife, Bindu was a director in the main investment and holding companies associated with Rana Kapoor, including Morgan Credits, YES Capital

Yes Bank crisis: CBI issues lookout circular against Rana Kapoor, 6 others

The look out circular (LOC) was issued against all these seven accused to prevent any attempts to leave the country, the officials said

ED probes Rana Kapoor's role in YES Bank's Rs 30,000-cr bad loans

The special court under the Prevention of Money Laundering Act granted an extension to keep Rana Kapoor under custody till March 16

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

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

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

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

ED identifies real estate assets of Rana Kapoor family in India, abroad

To seek provisional attachment in next few weeks

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