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Axis Bank, HDFC to invest Rs 600 cr, Rs 1,000 cr in Yes Bank respectively
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): The boards of directors of Axis Bank and HDFC on Friday approved to invest up to Rs 600 crore and Rs 1,000 crore respectively in Yes Bank.
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Cabinet approves reconstruction scheme for crisis-hit Yes Bank
Updated : 6 years ago IST
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.
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No need to move deposits from pvt banks as money is safe: RBI Dy Guv write
Updated : 6 years ago IST
New Delhi (India), Mar 12 (ANI): RBI deputy Governor NS Vishwanathan on Thursday wrote to Chief Secretary Odisha not to move deposits from private banks stating that money is safe.
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RBI announces dollar-rupee sell-buy swaps as coronavirus spreads
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): The Reserve Bank of India (RBI) on Thursday decided to undertake six-month US dollar sell/buy swaps to provide liquidity to the foreign exchange market.
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SBI to buy 725 crore Yes Bank shares at Rs 10 apiece
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India said on Thursday it will buy 725 crore shares of Yes Bank at the price of Rs 10 per share, subject to regulatory approvals.
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NBFI challenges can intensify from Yes Bank restructuring: Fitch Ratings
Updated : 6 years ago IST
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
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AAP gives notice in Rajya Sabha over Yes Bank crisis
Updated : 6 years ago IST
New Delhi [India], Mar 11 (ANI): Aam Aadmi Party (AAP) MP Sanjay Singh on Wednesday gave a Zero Hour Notice in Rajya Sabha over the ongoing Yes bank crisis.
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Big companies have defaulted on Rs 60,000 crore in Yes Bank scam: Kirit So
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): BJP leader Kirit Somaiya on Wednesday said that big companies have defaulted on Rs 60,000 crore in the Yes Bank scam; he further enlisted the names of 10 companies which are the major defaulters in the case.
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Yes Bank customers can use IMPS, NEFT to pay dues
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 10 (ANI): Yes Bank has enabled inward Immediate Payment Service (IMPS) and National Electronic Funds Transfer (NEFT) services.
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SBI's C V Nageswar given additional charge of Deputy MD and CFO
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) said on Monday that Chalasani Venkat Nageswar, Deputy Managing Director of its international banking group, has been given additional charge of Deputy Managing Director and Chief Financial Officer with immediate effect.
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Indiabulls Housing Finance has Rs 662 crore in Yes Bank AT1 bonds
Updated : 6 years 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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Allow Puri Jagannath Temple to withdraw funds from Yes Bank: Odisha FM wri
Updated : 6 years ago IST
Bhubaneswar (Odisha) [India], Mar 8 (ANI): Odisha Finance Minister Niranjan Pujari has written to Union Finance Minister Nirmala Sitharaman requesting her to issue instructions to RBI to allow Puri Jagannath Temple administration to withdraw the temple's fund of Rs 545 crore from the cris
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