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Page 8 - Rana Kapoor

Rana Kapoor, hard-driving executive who rarely said no to giving loans

Weak compliance, poor governance and greed led to the bank's failure as it lent to borrowers who did not have the ability to repay

Rana Kapoor, hard-driving executive who rarely said no to giving loans
Updated On : 09 Mar 2020 | 12:42 AM IST

Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more

Grey market premiums have dropped to 10% after last week's market fall.

Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more
Updated On : 08 Mar 2020 | 10:22 PM IST

Letter to BS: RBI reacted late to the bleeding financial report of YES Bank

Things could have been "nipped in the bud" by the RBI if it drew lessons from the bitter past episodes of banks 'covering up' their solvency

Letter to BS: RBI reacted late to the bleeding financial report of YES Bank
Updated On : 08 Mar 2020 | 9:40 PM IST

Yes Bank crisis: CBI begins probe on allegations of criminal conspiracy

The sources refused to elaborate on the nature of the probe -- preliminary enquiry or an FIR -- or people arraigned, but affirmed that a formal investigation has begun

Yes Bank crisis: CBI begins probe on allegations of criminal conspiracy
Updated On : 08 Mar 2020 | 7:39 PM IST

Yes Bank crisis: Indiabulls Housing says bank owes it Rs 662 cr in bonds

The investments in AT-1 bonds of Yes Bank were made in 2017, as part of its treasury management of over Rs 20,000 crore of cash and when the bank was worth over USD 10 billion in value, it said

Yes Bank crisis: Indiabulls Housing says bank owes it Rs 662 cr in bonds
Updated On : 08 Mar 2020 | 5:04 PM IST

Rana Kapoor, family set up over 20 shell companies for kickbacks: ED probe

The ED arrested Kapoor, 62, early Sunday morning in connection with a money-laundering probe

Rana Kapoor, family set up over 20 shell companies for kickbacks: ED probe
Updated On : 08 Mar 2020 | 2:18 PM IST

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

ED expands YES Bank probe, searches homes of Rana Kapoor's three daughters
Updated On : 08 Mar 2020 | 5:01 AM IST

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: ED widens probe, searches homes of Rana Kapoor's daughters
Updated On : 08 Mar 2020 | 12:41 AM IST

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

YES Bank crisis: ED widens probe; raids Rana Kapoor's residence
Updated On : 07 Mar 2020 | 6:35 PM IST

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 crisis: ED searches founder, ex-CEO Rana Kapoor's Mumbai house
Updated On : 07 Mar 2020 | 3:45 AM IST

YES Bank crisis: ED raids founder Rana Kapoor's residence in Mumbai

They said the raid is being carried out at his Samudra Mahal residence in the western metropolis

YES Bank crisis: ED raids founder Rana Kapoor's residence in Mumbai
Updated On : 06 Mar 2020 | 11:42 PM IST

Crisis at YES Bank highlights governance risk in banking sector: Fitch

The central bank's takeover of Yes Bank appears intended to restore depositor confidence

Crisis at YES Bank highlights governance risk in banking sector: Fitch
Updated On : 06 Mar 2020 | 10:45 PM IST

Bankruptcies, jail and even death: The year was bad for some Indian tycoons

Some of the country's biggest and most-storied businessmen saw their fortunes fade in 2019.

Bankruptcies, jail and even death: The year was bad for some Indian tycoons
Updated On : 31 Dec 2019 | 8:06 AM IST

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants

10 promoters entered the billionaire list in 2019; Anil Ambani, Subhash Chandra among big names who left the club

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants
Updated On : 31 Dec 2019 | 6:24 AM IST

Top headlines: Sebi tightens default disclosure norms, India's sops, & more

Here are the top news stories that made headlines today

Top headlines: Sebi tightens default disclosure norms, India's sops, & more
Updated On : 20 Nov 2019 | 5:38 PM IST

Rana Kapoor sells entire Yes Bank stake; holds shares worth Rs 57,600

The bank's stock has fallen 65% to Rs 64.15 a share, this year to date

Rana Kapoor sells entire Yes Bank stake; holds shares worth Rs 57,600
Updated On : 20 Nov 2019 | 11:30 AM IST

Promoter Rana Kapoor sells all but 900 YES Bank shares, worth Rs 60,000

Year to date, the stock of YES Bank has fallen 65 per cent to Rs 64.15 a share

Promoter Rana Kapoor sells all but 900 YES Bank shares, worth Rs 60,000
Updated On : 20 Nov 2019 | 12:37 AM IST

Rana Kapoor, other promoters pare stake in YES Bank to token 900 shares

Yes Bank closed on Tuesday 2.66 per cent lower, at Rs 64.15 a share, on the BSE.

Rana Kapoor, other promoters pare stake in YES Bank to token 900 shares
Updated On : 19 Nov 2019 | 9:57 PM IST

YES Bank: World's worst-performing bank stock posts globe's biggest surge

Its shares have rallied about 50 per cent -- the biggest gain among global peers valued at more than $1 billion -- after embattled founder Rana Kapoor was forced to sell his holdings in October

YES Bank: World's worst-performing bank stock posts globe's biggest surge
Updated On : 11 Nov 2019 | 11:10 AM IST

YES Bank stock jumps nearly 33% as concerns over promoter pledge ease

Ravneet Gill, CEO of YES Bank, said the drop in share prices wasn't a reflection of the bank's performance

YES Bank stock jumps nearly 33% as concerns over promoter pledge ease
Updated On : 04 Oct 2019 | 2:26 AM IST