Three-fourth of this holding has been locked-in for three years as part of the restructuring plan for the bank
The government notified the YES Bank reconstruction scheme last week
On March 5, the RBI had imposed a moratorium on YES Bank, restricting withdrawals to Rs 50,000 per depositor till April 3 in view of its poor financial health due to bad loans
Administrator Prashant Kumar said the bank had made adequate preparations for any surge in withdrawal of deposits
Zee on Tuesday said it had no borrowings from YES Bank at all
Rs 10K-cr infusion, lock-in and hurried short-covering led to 2.3x surge in the stock
Kapoor is already facing an ED criminal case for receiving alleged kickbacks, through companies purportedly controlled by his family, for going slow on bad loans extended by his bank
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The agency also calls Subhash Chandra, Naresh Goyal, Kapil Wadhawan, and Peter Kerkar in money laundering probe
In a circular sent to all its members, the BSE said the BSE S&P Index Committee has decided to remove YES Bank from all the S&P BSE indices with effect from this Friday, March 20
The sessions court in Mumbai on Monday extended the custody of Rana Kapoor, former managing director and chief executive officer of crisis-hit YES Bank, till March 20
On Friday, HDFC said it is investing in 100 crore equity shares of Rs 2 each in Yes Bank for a consideration of Rs 10 per share (including Rs 8 premium) for an aggregate consideration of Rs 1,000 cr
Public shareholders have Rs 8,673 cr exposure to bank
In a statement issued last week, the Reliance Group had denied any links with Kapoor, his family or entities controlled by them
Confirming the development, an ED official said the agency was examining all the big borrowers of the bank, and the stressed loans sanctioned during Kapoor's tenure
Its standard advances after subtracting net NPAs were about Rs 1.75 trillion at end-December
Auditors cast doubts on bank's ability to remain a going concern, investors holding more than 100 shares barred from selling stock
Nifty, Bank Nifty funds will have to sell stock after index exclusion
According to sources, the Kapoor companies invested around $10-11 million in Awfis but their shareholding got diluted as new investors came in.
The bank asserted that its financial health is sound and the Capital to Risk Weighted Assets ratio, the main parameter, is well above the limit prescribed by the RBI