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Govt will take every possible action against people involved in Yes Bank s
Updated : 6 years ago IST
Raipur (Chhattisgarh) [India], Mar 9 (ANI): Union Minister of State for Finance and Corporate Affairs, Anurag Thakur on Monday assured the people that the Central government will take action against people involved in Yes Bank scam and that people's money is safe.
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Yes Bank crisis: CBI files FIR against Rana Kapoor, DHFL's Kapil Wadhawan
Updated : 6 years ago IST
New Delhi [India], Mar 9 (ANI): After the Enforcement Directorate (ED), the Central Bureau of Investigation (CBI) has also started a probe against the Yes Bank founder Rana Kapoor in connection with a case pertaining to the alleged financial irregularities involving Yes Bank and reality c
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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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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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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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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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Yes Bank crisis worst form of crony capitalism: CPI-M
Updated : 6 years 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 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 announces draft revival plan for Yes Bank, SBI willing to invest
Updated : 6 years 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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No need to panic as RBI Governor has assured Yes Bank depositors: SBI Chai
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): SBI Chairman Rajnish Kumar on Friday said that there is no need to panic for depositors of Yes Bank as RBI Governor has assured them in this regard in a press statement.
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Yes Bank stock crashes by 55 pc, NSE cancels its F&Os from May 29
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Shares of Yes Bank crashed by 54.89 per cent on Friday morning, a day after the Reserve Bank of India (RBI) said it is superseding the board of troubled private sector lender with immediate effect.
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No role in the heavy deductions made by SBI for defence pensioners : Army
Updated : 6 years ago IST
New Delhi [India], Mar 1 (ANI): Indian Army has no role in the heavy deductions made by State Bank of India (SBI) for defence pensioners in month of February, informed Army sources.
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