ANTICIPATING TROUBLE in the wake of its failure to get capital infusion and rising non-performing assets, Yes Bank depositors pulled out over Rs 18,000 crore
Category: IBC-SEBI
Women’s Day: Meet the women warriors fighting NPA battles–Business Today
Mamta Binani, a lawyer and a company secretary, has a unique first to her name. She was the resolution professional for the first case that
SBI’s investment good move, but YES Bank needs more funds–Business Today
State Bank of India said on Saturday it would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in
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
Govt to restructure SFIO; increase manpower to 350 at probe agency – The Economic Times
Corporate Affairs Secretary Injeti Srinivas said the process was on to further professionalise and streamline the SFIO. The government is set to more than double
View: Government must attack the source of the Yes Bank problem, not its critics – The Economic Times
by Ashok V Desai Everyone would remember the panic of demonetisation. Adult Indians, rich and poor, old and young, wise and foolish, were made by
Deposit/Mcap ratio wrong way to gauge banks’ health, they are well capitalised as per this ratio: CEA – The Financial Express
According to CEA Subramanian, the RBI has put the 9 per cent CRAR limit for banks. Refuting the use of deposits to market capitalisation ratio
Yes Bank rescue: India’s TARP moment? | Business Standard Column
Early Friday morning, a senior banker woke me up with his outbursts on the phone: “Is this the way to save a bank? We are
End of a long rope | Business Standard Editorials
The Reserve Bank of India (RBI) finally stepped in last week and decided to use the powers granted it under Section 45 of the Banking
Biz judgement rule and directors’ liability | Business Standard Column
In a company, the board of directors (hereafter, board) has the statutory authority and responsibility to manage and govern the company. The board is the
It’s the incentives, stupid | Business Standard Column
Conservatives have argued that the existing policy machinery of Indian finance is broadly fine. The difficulties of YES Bank are a reminder that there are
Tyagi and beyond: Tricky areas Sebi chief, successor will have to deal with | Business Standard Column
By Ajay Tyagi’s own admission, SEBI’s enforcement action needs to improve. For this, Sebi is trying to make use of new technologies Amid bouts of
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
Decoding the YES Bank crisis | HT Editorial – editorials – Hindustan Times
The tragedy at YES Bank has been averted — all depositors of the bank have been assured by the government that their money is safe,
RBI’s restructuring of Yes Bank could prove costly for bond holders–Deccan Chronicle
Mumbai: One of the biggest losers in case the RBI’s restructuring scheme for Yes Bank goes through will be the additional tier-I bond holders who
Rs 50,000 cap on Yes Bank withdrawals to go ‘much much much’ before Apr 3: SBI chairman
Yes Bank will need between Rs 20,000 – 22,000 crore to revive. SBI’s risks will be ring-fenced with maximum exposure of Rs 10,000 crore. But
Yes Bank: SBI will have to merge YES Bank if rescue package fails to revive it – The Economic Times
You really cannot afford to let a bank go down, which is why in the case of banks we have the philosophy of ‘too big
Public money not for private loot, bring Yes Bank under govt control: AIBEA – The Economic Times
The bank union said the RBI, being the regulator, cannot be unaware of the ongoings in Yes Bank. Stressing that private sector banks were failing
Time period for insolvency proceedings need to be reduced: NCLAT chairperson – The Financial Express
A case is admitted under the Insolvency and Bankruptcy Code (IBC) only after approval from the NCLT. National Company Law Appellate Tribunal (NCLAT) Chairperson Justice
India’s slowdown story is older than IL&FS crisis; these reasons aggravated trouble – The Financial Express
A fall in the central government spending to GDP, coupled with other funding constraints contributed to the slowdown. The slowdown story of India is not