Yes Bank moratorium lifted, banking ops resume

Yes Bank on Wednesday announced that it has resumed complete banking services, which was stopped after the RBI placed it under moratorium earlier this month. Taking to Twitter, the crisis-hit…

Yes Bank stock continues to rally for third day

Shares of Yes Bank on Tuesday further jumped nearly 35 per cent after Moody’s upgraded the company’s ratings. Rallying for the third consecutive day, the company’s scrip zoomed 34 per…

Yes Bank crisis: ED summons Anil Ambani

Reliance Group chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

Yes Bank crisis: Fear factor hits pvt lenders

Smaller private banks were bearing the brunt of collateral damage triggered by the crisis in Yes Bank. Dogged by rumours and news of state authorities shifting business to public sector…

Should RBI get search, surveillance powers?

The recent problems in the financial sector, including the latest action against Yes Bank, have triggered discussions in official circles over the need to provide surveillance and search powers to…

Rana Kapoor’s ED custody extended till March 16

A special court on Wednesday extended till March 16 the Enforcement Directorate (ED) custody of Yes Bank founder Rana Kapoor, arrested on money laundering charges. During the hearing, the ED…

All you want to know about AT1 bonds

The Reserve Bank of India’s (RBI) decided to extinguish Additional Tier 1 (AT1) bonds of Yes Bank. The RBI’s decision has also increased uncertainty about these bonds, which are leading…

Big loans issued by Yes Bank under ED scanner

The Enforcement Directorate (ED) is looking into more multi-crore rupees loans issued by Yes Bank to corporate houses that turned NPAs as part of its money-laundering investigation against its arrested…

Working to restore all services: Yes Bank admin

RBI-appointed Yes Bank administrator Prashant Kumar on Monday said the lender is working to restore all banking services for its customers as soon as possible. “For us, the first priority…