MUMBAI: The crisis at Yes BankNSE 3.07 % has shaken the trust of a few state governments and large depositors who are pulling out large
Category: IBC-SEBI
Covid-19 impact: India Inc seeks moratorium on loans, waiver on levies – The Financial Express
By Malini Bhupta Hit by near lockdown conditions across the country, Corporate India is expected to seek relief from the government. On a conference call on
A discredited business world | Business Standard Column
On current form, the bizarre drama that is the Rana Kapoor-YES Bank saga can be labelled The League of Failed Businessmen. Anil Ambani, Kapil Wadhwan,
As fiscal year comes to a close, auditors to get advisory amid virus scare | Business Standard News
Auditors will have to account for factors such as slowdown in the supply of perishable goods which will affect the net realisable value As the
Yes Bank: Depositors staying put is now key to India’s biggest bank rescue – The Economic Times
By Suvashree Ghosh Depositors will judge this week whether India has staved off another threat to banking sector stability when curbs on withdrawals from a
Shaktikanta Das: Yes Bank depositors’ money is absolutely safe: RBI governor Shaktikanta Das – The Economic Times
MUMBAI: The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday dispensed with the usual regulatory formality to assure the man on the street
Insolvency and Bankruptcy Code: Banks should be instructed not to invoke IBC for non-payment in testing times of Coronavirus: SICCI – The Economic Times
Chennai: The Southern Chamber of Commerce and Industry (SICCI) on Monday made a representation to the government to instruct banks not to invoke Insolvency and
Regulatory gaps | Business Standard Editorials
The Reserve Bank of India (RBI) will face one of its biggest tests in recent times when the moratorium imposed on YES Bank is lifted.
Raising threshold for insolvency: Good for NCLT, bad for smaller creditors | Business Standard News
A view within the MCA is that in cases where the amount of bad loan is not significant, lenders should look for other options before
YES Bank Q3 results: Bank reports record loss of Rs 18,564 crore in Dec quarter – The Economic Times
MUMBAI: Private lender Yes BankNSE 2.00 % reported a loss of Rs 18,564 crores at the end of the December quarter against a profit of
stock valuation: How to use valuation ratios like PE, EPS, PBV for stock selection – The Economic Times
By Manish Johari Among the challenging things a founder has to do is raise venture capital. The level of challenge of course varies. Many of
Audit reform proposals are unrealistic – The Hindu BusinessLine
The MCA paper on the subject is well intentioned in its efforts to curb Big 4 dominance. But additional steps are needed Ever since the
Where was RBI when Yes Bank was tanking? | Deccan Herald
The government and the Reserve Bank may have found a suitor for Yes Bank quickly after the crisis at the bank could no longer be
Yes Bank: View: The urgency Yes Bank’s collapse should have triggered, but didn’t – The Economic Times
By Archana Chaudhary and Bibhudatta Pradhan India’s messy banking system has long been a source of friction between the Prime Minister Narendra Modi’s government and
Jet Airways Resolution Professional seeks 90 days extension for bids from NCLT – The Economic Times
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
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