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
Category: IBC-SEBI
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
SBI providing ‘unfair public subsidy’ to Yes Bank owners: Ashok Khemka | Business News,The Indian Express
In a letter to Prime Minister Narendra Modi and Reserve Bank Governor Shaktikanta Das on Monday, IAS officer Ashok Khemka raised several objections to the
बिनचूक ब्रेख्त! –लोकसत्ता
स्टेट बँक, आयुर्वमिा महामंडळ यांतील पैसा लोकांचा आहे.. बेसुमार कर्जे देऊन बुडीत निघालेल्या एका खासगी बँकेला वाचवण्यासाठी तो का ओतला जातो आहे? वर्षभर येस बँक
RBI allays depositors fears, assures safety of deposits – The Economic Times
MUMBAI: The Reserve Bank of India on Sunday allayed fears of bank depositors and assured the safety of their deposits. The banking regulator added that
No improvement: Bailout of Yes Bank reflects all that is wrong with the financial sector and its supervision–Times of India
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
YES Bank rescue package wards off immediate losses to depositors – The Hindu BusinessLine
But many loose ends remain. With YES Bank skipping recent financial results, it isn’t clear how much capital it will need to fully tide over