New Delhi [India], April 1 (ANI): The Delhi High Court on Wednesday asked the Yes Bank to file a response on a private company's plea regarding not to take coercive or adverse steps for its failure in paying loan instalments.
Gurugram (Haryana) [India], Mar 28 (ANI/ NewsVoir): Gurugram realty developers have lauded RBI measures to inject liquidity into the Indian economy. The Reserve Bank of India today slashed the repo rate by 75 bps to 4.4 percent and reduced the reverse repo rate by 90 bps to 4 percent. Moreov
New Delhi [India], Mar 27 (ANI): Former Union finance minister P Chidambaram called the Reserve Bank of India's (RBI) direction on the deferment of equated monthly instalments (EMIs) as "ambiguous" and "half-hearted".
Mumbai (Maharashtra) [India], Mar 25 (ANI): Shares of Yes Bank dropped by 14.41 per cent on Wednesday afternoon even as ICRA upgraded its commercial papers and placed them on rating watch with developing implications.
New Delhi [India], Mar 18 (ANI): Yes Bank, on which the Reserve Bank of India (RBI) had imposed a moratorium, will resume normal operations from 6 pm on Wednesday.
Mumbai (Maharashtra) [India], Mar 17 (ANI): Yes Bank will resume normal operations from 6 pm on March 18 and it has no liquidity problem, Administrator of the troubled private sector lender Prashant Kumar said on Tuesday.
New Delhi [India], Mar 17 (ANI): The Enforcement Directorate on Monday issued summons to Subhash Chandra of Essel Group, former Chairman of Jet Airways Naresh Goyal, Promotor of DHFL Kapil Wadhawan in connection with bad loans given by Yes Bank founder Rana Kapoor.
Mumbai (Maharashtra) [India], Mar 16 (ANI): The moratorium on crisis-hit Yes Bank imposed early this month will be lifted on Wednesday at 6 pm, said Reserve Bank of India (RBI) Governor Shaktikanta Das here on Monday.
New Delhi [India], Mar 14 (ANI): The Central government on Saturday notified the reconstruction scheme for crisis-hit Yes Bank and stated that the moratorium will be lifted within a period of "three working days".
New Delhi [India], Mar 13 (ANI): The Union Cabinet on Friday approved reconstruction scheme for private sector lender Yes Bank as proposed by the Reserve Bank of India (RBI) and the moratorium will be lifted within three days after the notification is issued.
New Delhi [India], Mar 8 (ANI): Chief Economic Advisor (CEA) KV Subramanian on Sunday said the amount of deposits that are insured has been raised to Rs 5 lakh which covers a significant majority of the deposits, hence depositors need not be worried.