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
Category: IBC-SEBI
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
Hero Group’s Munjal hails IBC, says India’s regulatory framework improving | Business Standard News
Hero Enterprise’s chairman Sunil Kant Munjal said on Saturday that the regulatory environment in the country is getting better and regulators are now stepping in
Too slow to act on Yes Bank, RBI has eroded depositor faith–Indian Express
Within 24 hours of the superseding of the board of Yes Bank by the Reserve Bank of India, Finance Minister Nirmala Sitharaman announced a reconstruction
MCA gets NCLT nod to recast financial statements of CG Power | Business News,The Indian Express
The Mumbai bench of the National Company Law Tribunal (NCLT) Thursday allowed the Ministry of Corporate Affairs (MCA) to recast the financial statements of CG
Explained: What went wrong with Yes Bank? | Deccan Herald
The Reserve Bank of India (RBI) on March 5 placed Yes Bank under moratorium and restricted withdrawals to a maximum of Rs 50,000, sending its
YES Bank crisis: Why government must fix the vulnerabilities in financial system – The Economic Times
he Modi government has a major problem at hand. No, it has nothing to do with the Citizenship (Amendment) Act or the protests against it.
Majority of builders may disappear from the scene in three years, says Anarock – The Economic Times
KOCHI: Almost eighty percent of the builders in the country will vanish from the scene in the next three years in the prevailing conditions ,
Yes Bank: Deposits with Yes Bank insured up to Rs 5 lakh but what should salary account holders do? – The Economic Times
The deposit insurance coverage limit is applied separately to deposits in different banks. Although the government has limited withdrawals from Yes bank accounts to a
Too much and also too little–Economic Times
Too much and also too little The government has introduced a Competition (Amendment) Bill. This is the right time to introduce some changes to the
Won’t allow YES to fall off a cliff: Sitharaman to investors – The Economic Times
KOLKATA: The collapse of YES BankNSE -56.11 % has left investors worrying on whether they would recover their investments in other small banks and some
Yes Bank reconstruction: Additional tier-I bond holders to be hit by Rs 10,800 cr if RBI’s plan goes through – The Financial Express
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 have
Yes Bank crisis may hit jute mill operations, worker wages ahead of Holi | Business Standard News
The moratorium on Yes Bank by Reserve Bank of India could have a rippling effect on the operating jute mills and wages of lakhs of
BPSL lenders tell SC they will return money if JSW Steel loses case – The Financial Express
A bench led by Chief Justice SA Bobde said that it will hear the appeals in detail on April 15. The Committee of Creditors (CoC)
Yes Bank resolution will be done swiftly, 30 days is outer limit: RBI Governor – business news – Hindustan Times
Reserve Bank of India governor Shaktikanta Das on Friday said that Yes Bank resolution will be done very swiftly and that 30 days is an
Creditors can choose to stop supplies to companies under IBC: House Panel – The Economic Times
New Delhi: A parliamentary panel said suppliers of a company cannot be burdened with “overly restrictive conditions” in the hope of a probable revival under
Auditors and fraud | Business Standard Column
On February 6, the Ministry of Company Affairs (MCA) came out with a consultation paper on what could possibly be far-reaching changes to the auditing
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