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RBI assures depositors regarding safety of their deposits in banks
Updated : 6 years 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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Why was Yes Bank crisis allowed to come to such a pass, Sibal asks govt
Updated : 6 years ago IST
New Delhi [India], Mar 8 (ANI): Senior Congress leader Kapil Sibal on Sunday demanded to know as to why the Union Finance Ministry and the RBI did not act earlier and allowed the Yes Bank crisis to come to such a pass where lakhs of its account holders are staring at a bleak future.
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Most depositors' money safe as amount of deposits insured raised to Rs 5L:
Updated : 6 years ago IST
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.
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Government failed to fix responsibility in Yes Bank case: BSP
Updated : 6 years 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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Yes Bank founder Rana Kapoor's wife arrives at ED's office in Maharashtra
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 8 (ANI): Wife of Yes Bank founder Rana Kapoor, Bindu Kapoor, on Sunday, arrived at Enforcement Directorate's office here in Mumbai as her husband has been arrested by the probe agency under the Prevention of Money Laundering Act (PMLA).
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Yes Bank founder leaves ED's office, to be produced before Mumbai Court to
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 8 (ANI): Yes Bank founder Rana Kapoor, who was arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), will be produced before a Mumbai Court on Sunday.
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How no official, auditor noticed jump in Yes Bank's loan book at 35 per ce
Updated : 6 years ago IST
New Delhi [India], Mar 7 (ANI): Former Finance Minister and senior Congress leader P Chidambaram on Saturday said that balance sheet of Yes Bank, which is facing a crisis, showed that outstanding loans were jumping at 35 per cent and sought an inquiry into "how it was not noticed by offic
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Yes Bank-crisis: SC lawyer writes to CBI seeking FIR against Rana Kapoor,
Updated : 6 years ago IST
New Delhi [India], Mar 7 (ANI): Ajay Agrawal, an advocate in the Supreme Court and petitioner in the Bofors scam, has written a letter to the Director of Central Bureau of Investigation (CBI) asking him to immediately register FIRs against officials of the RBI, Ministry of Finance and others
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Resolution plan to deal with Yes Bank crisis bizarre, SBI should take ov
Updated : 6 years ago IST
New Delhi [India], Mar 7 (ANI): Senior Congress leader P Chidambaram on Saturday termed the resolution plan proposed to deal with Yes Bank crisis as "bizarre", saying that a better option would be for SBI to take over loan book of Yes Bank at one rupee.
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Telangana BJP lauds role of RBI, central govt in dealing with Yes Bank cri
Updated : 6 years 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: Chidambaram asks 'is there a third bank in the line'
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Citing examples of crisis in PMC Bank and Yes Bank, former Finance Minister and senior Congress leader P Chidambaram on Friday slammed the BJP-led central government and asked whether there is a third bank in the line.
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RBI to start on reconstruction plan for Yes Bank within moratorium period:
Updated : 6 years 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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