So, Yes, the Bank, lives to fight another day. Will there be a full turnaround of the Bank or will it always remain a satellite of State of Bank of India (SBI)? We will have the answer to that over the next three years. For the moment, the Bank is no longer on the brink and depositors need...
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As the Yes Bank probe gathers momentum, the Enforcement Directorate (ED) has now summoned all the large borrowers who were given loans by the Rana Kapoor-led management.   An ED official related to the probe told IANS: "The agency has summoned all the top borrowers of the Yes Bank...
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The department of financial services under the ministry of finance has clarified that settlement in cash transactions before commencement of the Yes Bank Reconstruction Scheme will take place without the lock-in period. However, the lock-in period will be applicable to buyers of such...
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Refuting social media messages, Indiabulls Housing Finance Ltd on Monday said that the company as well as its promoters and their families have zero outstanding on term loans from Yes Bank.    In a regulatory filing, Indiabulls Housing Finance says, "The outstanding terms loans from...
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The Enforcement Directorate (ED) has decided to summon all the large borrowers who were given loans by the Rana Kapoor-led management. Meanwhile, financially-troubled Yes Bank has reported a stand-alone net loss of Rs18,560.31 crore for the third quarter of the financial year 2019-20. This is...
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