New Delhi: The moratorium on Yes Bank will be lifted by March 18 and the new board led by CEO and MD Prashant Kumar will be put in place by the end of this month, the government said.
The government notified...
New Delhi, Mar 13:
Rebounding from its record low of 74.50, the rupee traded higher by 48 paise at 73.80 against the US currency on Friday after the Reserve Bank's assurance that steps will be taken to maintain sufficient liquidity...
New Delhi, Mar 13 :
The board of Axis Bank has approved an investment of Rs 600 crore in Yes Bank via equity route.
Axis Bank will acquire 60 crore equity shares of Yes Bank at Rs 10 per share including...
New Delhi, Mar 13 :
The Cabinet on March 13 approved the restructuring scheme for Yes Bank.
"The notification shall come out and the moratorium shall cease on the third working day from the date of the notification, at 18:00 hours,"...
New Delhi, Mar 13 :
The board of Kotak Mahindra Bank has approved an equity capital infusion of Rs 500 crore in troubled private lender Yes Bank.
Kotak Mahindra Bank will acquire 50 crore equity shares of Yes Bank at Rs...
Mumbai, Mar 13 :
Equity benchmark sensex crashed over 2,700 points and the broader Nifty sank below 9,700 (intra-day) on Thursday, wiping off over Rs 9 lakh crore worth investor wealth, after WHO declared COVID-19 a pandemic, spiking fears of...
New Delhi, Mar 13 :
Federal Bank on March 13 said its asset quality is healthy and the capital adequacy is much above the regulatory requirement, amid broader concerns triggered by the YES Bank crisis.
"To reiterate the bank's strengths: Federal...
New Delhi, Mar 13 :
The board of ICICI Bank on March 13 has approved an investment of Rs 1,000 crore in Yes Bank via equity route.
ICICI Bank will acquire 100 crore equity shares of Yes Bank at Rs 10...
Mumbai, Mar 11:
Equity benchmark Sensex plummeted over 1,500 points in opening session on monday led by deepening rout in global markets amid volatility due to rapidly-spreading coronavirus and free falling oil prices.
Global oil benchmark Brent crude futures plunged nearly...
New Delhi, Mar 11 :
The rupee recovered 56 paise to settle at 73.61 (provisional) against the US dollar on Wednesday amid positive domestic equities and weakening of the American dollar in the overseas market. The rupee on March 9...
