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Indiabulls Housing Finance has Rs 662 crore in Yes Bank AT1 bonds
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): Indiabulls Housing Finance has said Yes Bank owes to it Rs 662 crore via additional tier one (AT1) bonds.
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RBI assures depositors regarding safety of their deposits in banks
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 8 (ANI): The Reserve Bank of India (RBI) on Sunday assured depositors that there is "no concern regarding the safety of their deposits in any bank".
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Government failed to fix responsibility in Yes Bank case: BSP
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 8 (ANI): Bahujan Samaj Party National Spokesperson Sudhindra Bhadoria on Sunday hit out against the central government over the Yes Bank crisis and said that it has not been able to fix responsibility of those involved.
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Telangana BJP lauds role of RBI, central govt in dealing with Yes Bank cri
Updated : 6 years, 4 months ago IST
Hyderabad (Telangana) [India], Mar 7 (ANI): The Telangana Bharatiya Janata Party (BJP) on Saturday lauded the role of RBI and Narendra Modi government in dealing with the crisis in Yes Bank, saying it had saved hard-earned money of depositors.
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Yes Bank crisis worst form of crony capitalism: CPI-M
Updated : 6 years, 4 months ago IST
New Delhi [India], March 7 (ANI): The CPI-M said on Saturday that "collapse" of Yes Bank has raised many disturbing questions about the functioning of private banks and the failure of Reserve Bank of India to intervene in time and the episode was "the worst example of crony capitalism".
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SBI team working on Yes Bank rescue plan, depositors' money safe: Chairman
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 7 (ANI): State Bank of India's legal team has started due diligence as the public sector lender prepares to infuse Rs 2,450 crore to pick 49 per cent stake in the troubled private sector Yes Bank after being placed under administration by the Reserve Bank of
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RBI to start on reconstruction plan for Yes Bank within moratorium period:
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman said on Friday that the Reserve Bank of India (RBI) will bring in a reconstruction plan for Yes Bank within the moratorium period of 30 days so that the depositors do not face any issues.
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RBI announces draft revival plan for Yes Bank, SBI willing to invest
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): The Reserve Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect.
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Equity indices plunge on weak global cues, Yes Bank crashes by 55 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices closed nearly 2.5 per cent lower on Friday after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over its board.
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Sitharaman assures Yes Bank depositors, says their money is safe
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 6 (ANI): After restrictions by Reserve Bank of India (RBI) on Yes Bank created panic situation among its customers, Finance Minister Nirmala Sitharaman on Friday assured that money of every depositor is safe.
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Digital architectures expanding reach of credit to MSMEs: RBI Governor Das
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): New technologies are enabling lenders to appraise loan proposals of micro, small and medium enterprises (MSMEs) expeditiously by doing due diligence online, Reserve Bank of India Governor Shaktikanta Das said on Friday.
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Yes Bank depositors' interests will be protected: Govt
Updated : 6 years, 4 months ago IST
New Delhi/Mumbai (Maharashtra) [India], Mar 6 (ANI): The interests of Yes Bank depositors will be protected and the Reserve Bank of India (RBI) will soon put in place a mechanism to revive the capital-starved public sector lender, the government said on Friday.
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