The dramatic developments in the case of Yes Bank will bring new shock waves to a financial sector that is already shaken and bruised. It
Category: RBI–Banks
Yes Bank crisis to hit LIC customers – The Economic Times
BENGALURU: Ahead of the March 31 tax deadline, lakhs of LIC customers might see disruption as the Life Insurance Corporation of India’s nodal bank for
Yes Bank rescue: ICICI Bank, HDFC, Kotak could play big roles in SBI’s plan – The Economic Times
ICICI Bank, HDFC bank, Kotak and other institutions have been sounded out for equity infusion while an array of public sector lenders have been approached
There was enough time to put together plan for Yes Bank, says Raghuram Rajan – The Economic Times
NEW DELHI: Former RBI governor Raghuram Rajan on Wednesday said there was a lot of time to put together a plan for Yes BankNSE 35.53
Aye Finance: MSME lender Aye Finance announces expansion plans for FY 21 – The Economic Times
NEW DELHI: Aye Finance, backed by Capital G, has announced its plans to expand its presence further in the country by the end of the
SBI to foray into microfinance, may offer loans at lower interest rates – The Economic Times
Kolkata: State Bank of IndiaNSE -3.29 % (SBI) has decided to enter the microfinance market that has shown immunity to economic downturn. The move by
MSME lending: Growth in bank credit bounces back after months of contraction in FY20 – The Financial Express
The scenario in terms of the year-over-year (YoY) credit growth has also improved. Credit and Finance for MSMEs: Gross bank credit growth to micro and
Cryptocurrencies, Blockchain and India – The Hindu BusinessLine
In a press release as far back as 2013, the RBI said: The Reserve Bank of India has today cautioned the users, holders and traders
View: The crisis at YES Bank is an opportunity to start correcting the wrongs – The Economic Times
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.
View: Why it’s better for RBI to just wait and watch on cryptocurrency – The Economic Times
By Ateesh Tankha Imagine an Indian hotel chain that’s mortally afraid of the coronavirus. No cases have yet been reported at any of its properties,
Narayani: U GRO Capital launches Narayani to encourage women entrepreneurs in India – The Economic Times
MUMBAI: On the occasion of International Women’s Day, U GRO Capital has launched an unsecured SME lending product, Narayani, exclusively for women entrepreneurs. Narayani offers
View: India needs legal framework for cryptocurrencies – The Economic Times
By Nehaa Chaudhuri & Anirudh Rastogi On March 4, the Supreme Court overturned the Reserve Bank of India’s (RBI) de facto ban on cryptocurrencies. In
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
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
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