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Page 7 - Rana Kapoor

YES Bank founder Rana Kapoor tried to influence loan decisions: Gill to ED

Some aides of Kapoor, former board members may be asked to join probe

YES Bank founder Rana Kapoor tried to influence loan decisions: Gill to ED
Updated On : 11 Mar 2020 | 8:31 AM IST

Price of leadership

SBI's YES Bank investment raises questions

Price of leadership
Updated On : 10 Mar 2020 | 8:53 AM IST

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

ED seizes Rajiv Gandhi painting; many of YES Bank's big loans under scanner
Updated On : 10 Mar 2020 | 8:52 AM IST

Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more

Here's a selection of Business Standard Opinion pieces for the day.

Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more
Updated On : 10 Mar 2020 | 6:11 AM IST

YES Bank to transform into a retail bank: Administrator Prashant Kumar

Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator

YES Bank to transform into a retail bank: Administrator Prashant Kumar
Updated On : 10 Mar 2020 | 3:04 AM IST

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.

YES Bank fallout: CBI books Rana Kapoor's wife and three daughters
Updated On : 10 Mar 2020 | 1:54 AM IST

Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor

During his custodial interrogation, Kapoor said that he was "threatened and forced by Congress leader Milind Deora to buy the art piece". The agency says that it has evidence to support this claim.

Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor
Updated On : 09 Mar 2020 | 11:31 PM IST

Congress asks Modi to explain 'sinking banks', not divert attention

"Prime Minister, you need to tell the nation what is the BJP's connection to the Yes Bank and its owner," Randeep Surjewala asked.

Congress asks Modi to explain 'sinking banks', not divert attention
Updated On : 09 Mar 2020 | 8:29 PM IST

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.

ED investigating big loans issued by Yes Bank, Kapoor's foreign assets
Updated On : 09 Mar 2020 | 7:49 PM IST

Hopeful of moratorium being lifted this week: Yes Bank administrator

The bank, which had over Rs 2.09 lakh crore in deposits, was put under moratorium last Thursday due to an inability to raise capital. Its board was superseded and Kumar was placed as the administrator

Hopeful of moratorium being lifted this week: Yes Bank administrator
Updated On : 09 Mar 2020 | 6:34 PM IST

Yes Bank crisis: Working to restore all services soon, says Kumar

Before the RBI action, YES Bank had deferred announcement of its earnings for the 3rd quarter of 2019-20 to March 14 or before. "I think we are going to declare our results on March 14th," Kumar said.

Yes Bank crisis: Working to restore all services soon, says Kumar
Updated On : 09 Mar 2020 | 6:17 PM IST

Yes Bank rescue: India's TARP moment?

Why did the Reserve Bank have to take the moratorium route to sew the deal? Why now?

Yes Bank rescue: India's TARP moment?
Updated On : 09 Mar 2020 | 2:44 PM IST

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

Rana Kapoor to face Mumbai court after arrest in money laundering case
Updated On : 09 Mar 2020 | 10:56 AM IST

One rupee: The value that foreign brokerages attach to the YES Bank stock

Macquarie Capital Securities also said if State Bank of India (SBI) decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired

One rupee: The value that foreign brokerages attach to the YES Bank stock
Updated On : 09 Mar 2020 | 10:46 AM IST

Retail investors bought YES Bank shares as institutions exited en masse

Soon after the RBI announced the moratorium, global bank JP Morgan pegged YES Bank shares at Rs 1 a share.

Retail investors bought YES Bank shares as institutions exited en masse
Updated On : 09 Mar 2020 | 10:45 AM IST

YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders

RBI's draft reconstruction scheme for YES Bank suggested a permanent write-down of these bonds outstanding as of March 5.

YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders
Updated On : 09 Mar 2020 | 10:44 AM IST

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

YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe
Updated On : 09 Mar 2020 | 10:44 AM IST

End of a long rope

There's need for an insolvency framework for financial sector

End of a long rope
Updated On : 09 Mar 2020 | 9:11 AM IST

YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress

Congress alleged the loans given by YES Bank rose 100 per cent in just two years after demonetisation from Rs 98,210 crore in March 2016 to Rs 2,03,534 crore in March 2018

YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress
Updated On : 09 Mar 2020 | 7:33 AM IST

Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes

From the impact of coronavirus on Vivad se Vishwas to reforms in the pension market, here are the top 10 business headlines of the day

Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes
Updated On : 09 Mar 2020 | 6:45 AM IST