Investors include armed force veterans, govt employees, IT sector staff
The agency is expected to record the statement of the 60-year-old Ambani under the Prevention of Money Laundering Act (PMLA).
Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.
The RWE indicates the possibility of the ratings being either upgraded, downgraded or affirmed.
In the letter addressed to Chief Administrator of the temple shrine, Yes Bank said it has two more FDs of Rs 156 crore which will be transferred by the end of this month.
Yes Bank had resumed complete services on March 18 after the Reserve Bank of India placed it under moratorium on March 5.
Administrator Prashant Kumar said the bank had made adequate preparations for any surge in withdrawal of deposits
Three-fourth of this holding has been locked-in for three years as part of the restructuring plan for the bank
From YES Bank getting Rs 60k-cr line of credit to govt mulling cash transfer option to offset Covid-19, Business standard brings to you the top headlines of the day
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The government notified the YES Bank reconstruction scheme last week
RBI Governor Shaktikanta Das on Monday had said the regulator was ready to offer liquidity if required
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
IndusInd Bank says its gross non-performing assets in December quarter 2019 stood at 2.18 per cent: lowest among large private sector banks.
On March 5, the RBI had imposed a moratorium on YES Bank, restricting withdrawals to Rs 50,000 per depositor till April 3 in view of its poor financial health due to bad loans
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According to the reconstruction scheme, 75 per cent of the total investment by the bank would be locked in for three years, ICICI Bank said
YES Bank was an accident waiting to happen
On March 5, the Reserve Bank of India (RBI) imposed a moratorium on the troubled private sector lender, including capping withdrawals at Rs 50,000 per depositor.
Zee on Tuesday said it had no borrowings from YES Bank at all