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.
Category: IBC-SEBI
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
NCLAT upholds CCI order on Adani Gas for abuse of dominant position – The Economic Times
New Delhi: The NCLAT has upheld the fair trade regulator CCI’s order, holding Adani GasNSE -5.50 % Limited (AGL) “guilty of of abuse of dominant
Financial audits failed repeatedly, govt should make cost accounting must to check bank NPAs: ICMAI – The Economic Times
Mumbai: Financial audits have failed repeatedly and the government should make cost accounting mandatory to keep a tab on non-performing assets at lenders, which can
Yes Bank crisis in India: Risks of investing in perpetual bonds–Economic Times
Retail investors who had invested in perpetual bonds issued by Yes Bank, under the impression that these bonds were similar to fixed deposits, are now
Most depositors’ money safe as amount of deposits insured raised to Rs 5L: CEA KV Subramanian – The Economic Times
NEW DELHI: Chief Economic Advisor (CEA) KV Subramanian on Sunday said the amount of deposits that are insured has been raised to Rs 5 lakh
Welcome addition to ease of doing business–Economic Times
The Cabinet’s move to clear 70-odd amendments to the Companies Act, decriminalising various technical and procedural offences, is welcome. It will improve the ease of
Systemic remedies, beyond Yes Bank–Economic Times
No one comes out smelling of roses in the Yes Bank saga. To get a perspective on how the bank has performed, it is useful
Enforcement agencies are only complicating the solution to Yes Bank–Times of India
Over the weekend the Yes Bank challenge took a dangerous turn. After a temporary moratorium on deposit withdrawal was imposed on Thursday, RBI and government
No improvement: Bailout of Yes Bank reflects all that is wrong with the financial sector and its supervision
The bailout last week of Yes Bank by the State Bank of India is the largest of its kind in recent times. For all practical
Special liquidity window: RBI to offer Yes Bank Rs 10,000-crore loan – The Financial Express
The central bank had in 2004 extended a similar facility of Rs 463.5 crore to the crisis-hit Global Trust Bank (GTB) for 90 days to
Public money not for private loot, bring Yes Bank under govt control: AIBEA – The Financial Express
They should not be let loose just like that, the AIBEA said in a statement. Stressing that private sector banks were failing one after another,
Price of leadership | Business Standard Editorials
The decision of State Bank of India (SBI) to come in as white knight for YES Bank raises several questions. Capital investment at Rs 10
Why the revival of YES Bank is a herculean task – The Hindu BusinessLine
The distressed private sector bank requires an immediate resolution plan and sizeable capital infusion Months of speculation over the fate of YES Bank came to
The vulnerability of private banks warrants concern – The Hindu BusinessLine
The YES Bank implosion casts doubts on the health of India’s private banks, especially those formed during liberalisation years. The current policy environment validates these
ACB books J&K Cooperative Bank chairman for sanctioning Rs 223 crore in loan to bogus housing society | India News – Times of India
SRINAGAR: The Anti-Corruption Bureau registered on Monday a case against J&K State Cooperative Bank chairman M Shafi Dar for sanctioning a loan of Rs 223
‘Quick resolution of Yes Bank crisis to keep sector contagion at bay’ | Business News,The Indian Express
The central bank has unveiled a draft reconstruction scheme on March 6 for the capital-starved Yes Bank, under which State Bank of India is expected
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