Incompetent employees in YES Bank’s upper management should be removed: Ex-director Agarwal
Uttam Prakash Agarwal pointed out that the management team used to prepare all the information.
Sep 23, 2021, 17:35 PM IST
RBI appoints two additional directors to Yes Bank board
The Reserve Bank of India on Friday (March 20) announced the appointment of R Gandhi, former RBI Deputy Governor, and Ananth Narayan Gopalakrishnan, Associate Professor at SP Jain Institute of Management and Research, as additional directors to the board of Yes Bank.
Mar 21, 2020, 07:50 AM IST
Yes Bank resumes banking services as Reserve Bank of India lifts moratorium
Yes Bank also issued a statement, “Our banking services are now operational. Customers can now experience the full suite of our services.”
Mar 18, 2020, 19:18 PM IST
Crisis-hit Yes Bank to resume full banking services from 6 PM today
Yes Bank administrator Prashant Kumar had said on Tuesday that Yes Bank will resume normal operations from 6 pm on March 18. Kumar also claimed that there is no liquidity problem with Yes Bank.
Mar 18, 2020, 11:46 AM IST
Yes Bank to resume banking services from March 18 evening as govt notifies reconstruction plan
Yes Bank has posted a net loss of Rs 18,654 crore for the third quarter ended December 31 due to huge provisioning for bad loans.
Mar 16, 2020, 22:28 PM IST
Special ED court extends Yes Bank founder Rana Kapoor's custody till March 20
Days after Yes Bank founder Rana Kapoor was arrested by the Enforcement Directorate (ED), Mumbai's Special Court on Monday (March 16, 2020) ordered the extension of his custody till March 20. This is the second time the court has extended Kapoor's custody for questioning in connection with several allegations of financial misconduct against him
Mar 16, 2020, 17:32 PM IST
Yes Bank crisis: Current administrator Prashant Kumar appointed as new MD, CEO
Also, the moratorium on the debt-ridden bank will be lifted within three days of notifying the scheme on March 18 at 6 pm.
Mar 14, 2020, 10:40 AM IST
Maharashtra government asks depts to shift accounts to nationalised banks
In the wake of reports of such moves being mulled by some states, the Reserve Bank had on Thursday written to state governments not to shift away from private-sector lenders, flagging its concerns on financial stability. The fiasco at Yes Bank, a private sector lender, has led some state governments to think on these lines.
Mar 13, 2020, 23:45 PM IST
CBI files fresh case against Yes Bank founder Rana Kapoor, wife, Avantha realty promoter
The CBI is also conducting searches at several locations in the national capital and Mumbai in connection with the fresh case.
Mar 13, 2020, 22:08 PM IST
ICICI Bank, Axis Bank, HDFC Bank to invest in Yes Bank; Cabinet approves restructuring scheme for crisis-hit lender
Kotak Mahindra Bank has also confirmed that it will invest Rs 500 crore in Yes Bank to acquire 50 crore shares.
Mar 13, 2020, 19:50 PM IST
Yes Bank crisis: Moratorium will be lifted 3 days after notifying RBI's revival scheme, says FM Nirmala Sitharaman
The Finance Minister said, "State Bank of India (SBI) will invest up to 49 per cent of the equity. Other investors are also being invited."
Mar 13, 2020, 16:41 PM IST
Rahul Gandhi's faux pas, calls himself Leader of Opposition, refers to Yes Bank as Axis Bank
Slamming the PM Modi over the present condition of the economy, Rahul urged him to speak to the country regarding the same.
Mar 12, 2020, 19:29 PM IST
Yes Bank RTGS services enabled to allow users to make payments towards loans, credit cards via other bank a/cs
"Inward RTGS services have been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts," the bank said in a tweet on Wednesday.
Mar 11, 2020, 19:41 PM IST
Mumbai court extends Yes Bank founder Rana Kapoor's ED custody till March 16
A PMLA court on Wednesday (March 11, 2020) extended troubled private sector lender Yes Bank founder Rana Kapoor's Enforcement Directorate custody till March 16.
Mar 11, 2020, 17:50 PM IST
Yes Bank account holders can pay their loans, credit card dues using NEFT, IMPS
The moratorium on withdrawals and difficulty in withdrawing amounts from bank ATMs and branches has put the customers in a lot of difficulties.
Mar 10, 2020, 17:15 PM IST
Yes Bank crisis: CBI issues lookout notice against 7 accused including Rana Kapoor, wife Bindu, 3 daughters
Earlier, CBI investigation into the case revealed that Rana and his family members were paid Rs 600 crore as kickback by DHFL promoter Kapil Wadhwan in the garb of a 'builder loan'.
Mar 09, 2020, 18:13 PM IST
PhonePe services return to normal after Yes Bank crisis
All merchant payment settlements were restored by Friday noon and all consumer wallet, credit and debit card payments were restored by 3 pm, the company said in a statement.
Mar 09, 2020, 15:36 PM IST
Yes Bank scam: CBI conducts raids at 7 locations in Mumbai, Delhi premises linked to Rana Kapoor
According to PTI reports, the team of investigation agency are carrying out operations at the residence and official premises of the accused in Mumbai.
Mar 09, 2020, 12:13 PM IST
BJP claims Gandhi family link in Yes Bank crisis, Congress rejects charge
A war of words erupted between the BJP and Congress on Sunday (March 8) with the BJP's information and technology wing in-charge Amit Malviya claiming that every financial crime in India has "deep links" with the Gandhis.
Mar 09, 2020, 08:02 AM IST
Allow Puri Jagannath Temple to withdraw funds from Yes Bank: Odisha FM writes to Sitharaman
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 crisis-hit Yes Bank.
Mar 08, 2020, 23:05 PM IST
