NCLT on June 20, 2019, had admitted the insolvency petition filed by the lenders’ consortium led by State Bank of India against Jet Airways. Jet
Category: IBC-SEBI
YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon | Business Standard News
HDFC, Kotak Mahindra Bank, ICICI Bank, and Axis Bank are among the entities that will come to the rescue of troubled YES Bank, even as
Writing down bonds | Business Standard Editorials
Asset management companies holding additional tier-I (AT-1) bonds of YES Bank are reportedly negotiating a deal to avoid a 100 per cent haircut by converting
Bankruptcy Code: Parliament passes amendments to IBC – The Economic Times
New Delhi: Parliament on Thursday passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings
NCLAT sets asides govt plea to supersede 63 Moons Technologies board – The Economic Times
New Delhi: The National Company Law Appellate Tribunal on Thursday set aside the government’s plea to supersede the board of 63 Moons TechnologiesNSE -8.22 %
For DHFL depositors, it’s a lonely battle – The Economic Times
NAGPUR: “The money we got after selling our farm in Wardha was invested in Dewan Housing Finance Limited’s (DHFL) fixed deposit plan. As the funds
IL&FS board asked to conclude resolution of all entities in next 3 months – The Financial Express
IL&FS and its entities, being financial service providers, no application under Section 7, or 9 or 10 of the Insolvency and Bankruptcy Code (IBC) can
Coronavirus outbreak, bank failure and oil drop push RBI, Modi govt to take immediate action – The Financial Express
India’s central bank and government will need to raid their policy toolkits to respond to a myriad of global and domestic risks threatening an economy
Over 100 people in Yes Bank’s ‘top management’ may lose ESOPs, bonuses | Business Standard News
The Reserve Bank of India (RBI) is considering clawing back the employee stock options and bonuses issued to the entire top management of YES Bank
All you wanted to know about AT-1 bonds – The Hindu BusinessLine
The government and the RBI seem to have worked overtime just before the weekend to put together a bailout package for YES Bank. With the
RBI asks state govts not to move deposits out of pvt banks; says money is safe–Deccan Chroncle
New Delhi: The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about
The ‘Yes’ to loot | Deccan Herald
The dramatic developments in the case of Yes Bank will bring new shock waves to a financial sector that is already shaken and bruised. It
Yes Bank crisis to hit LIC customers – The Economic Times
BENGALURU: Ahead of the March 31 tax deadline, lakhs of LIC customers might see disruption as the Life Insurance Corporation of India’s nodal bank for
Yes Bank rescue: ICICI Bank, HDFC, Kotak could play big roles in SBI’s plan – The Economic Times
ICICI Bank, HDFC bank, Kotak and other institutions have been sounded out for equity infusion while an array of public sector lenders have been approached
There was enough time to put together plan for Yes Bank, says Raghuram Rajan – The Economic Times
NEW DELHI: Former RBI governor Raghuram Rajan on Wednesday said there was a lot of time to put together a plan for Yes BankNSE 35.53
View: The crisis at YES Bank is an opportunity to start correcting the wrongs – The Economic Times
By Lloyd Mathias The crisis in Yes BankNSE 31.58 % and its impact on customers nationwide has yet again raised the issue of business accountability.
Reliance Home Finance defaulted on loan repayment of Rs 40 crore in February: Regulatory filing – The Financial Express
The company has cash on hand of approximately Rs 700 crore in the form of investment in liquid mutual fund, it said. The Anil Ambani-controlled
Yes Bank Share Price: Axis Trustee Services moves Bombay HC against YES Bank AT1 bond writedown – The Economic Times
According to a writ petition filed by Axis Trustee Services before the Bombay High Court, the proposed scheme gives preference to Yes Bank promoters —
Rana Kapoor Yes Bank: Suspecting ‘sabotage’ of rescue plan, govt played cat & mouse game to corner Rana Kapoor
NEW DELHI: At least thrice in the last eight months or so, potential investors in Yes BankNSE 31.58 % walked away just when a deal
yes bank cash withdrawal: Did depositors second-guess Yes Bank’s fate? Here’s a tale from last year – The Economic Times
During the last six months, when Yes BankNSE 31.58 % was reeling under one crisis after another, depositors took out Rs 18,000 crore from the
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