Page 7 - Latest Updates on Rana Kapoor
YES Bank fallout: CBI books Rana Kapoor's wife and three daughters
Yes Bank has been put under a moratorium by the RBI till April 3, during which customers are not allowed to withdraw more than Rs 50,000.
 "YES Bank fallout: CBI books Rana Kapoor's wife and three daughters")
Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor
During his custodial interrogation, Kapoor said that he was "threatened and forced by Congress leader Milind Deora to buy the art piece". The agency says that it has evidence to support this claim.
 "Priyanka in a spot over sale of Rajiv Gandhi's portrait to Rana Kapoor")
Congress asks Modi to explain 'sinking banks', not divert attention
"Prime Minister, you need to tell the nation what is the BJP's connection to the Yes Bank and its owner," Randeep Surjewala asked.
 "Congress asks Modi to explain 'sinking banks', not divert attention")
ED investigating big loans issued by Yes Bank, Kapoor's foreign assets
A dozen alleged shell firms, Kapoor family investments of Rs 2,000 crore and over Rs 4,500 crore worth of transactions are under the scanner of the agency at present.
 "ED investigating big loans issued by Yes Bank, Kapoor's foreign assets")
Hopeful of moratorium being lifted this week: Yes Bank administrator
The bank, which had over Rs 2.09 lakh crore in deposits, was put under moratorium last Thursday due to an inability to raise capital. Its board was superseded and Kumar was placed as the administrator
 "Hopeful of moratorium being lifted this week: Yes Bank administrator")
Yes Bank crisis: Working to restore all services soon, says Kumar
Before the RBI action, YES Bank had deferred announcement of its earnings for the 3rd quarter of 2019-20 to March 14 or before. "I think we are going to declare our results on March 14th," Kumar said.
Yes Bank rescue: India's TARP moment?
Why did the Reserve Bank have to take the moratorium route to sew the deal? Why now?
 "Yes Bank rescue: India's TARP moment?")
Rana Kapoor to face Mumbai court after arrest in money laundering case
Former YES Bank MD & CEO Rana Kapoor was grilled by the ED for several hours on Saturday, and searches were conducted at his and his daughters' houses
 "Rana Kapoor to face Mumbai court after arrest in money laundering case")
One rupee: The value that foreign brokerages attach to the YES Bank stock
Macquarie Capital Securities also said if State Bank of India (SBI) decided to buy stake in the bank, they should buy it at Rs 1 per share as the net worth is hugely impaired
 "One rupee: The value that foreign brokerages attach to the YES Bank stock")
Retail investors bought YES Bank shares as institutions exited en masse
Soon after the RBI announced the moratorium, global bank JP Morgan pegged YES Bank shares at Rs 1 a share.
 "Retail investors bought YES Bank shares as institutions exited en masse")
YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders
RBI's draft reconstruction scheme for YES Bank suggested a permanent write-down of these bonds outstanding as of March 5.
 "YES Bank fallout: Axis Trustee Services seeks clarity on AT-1 bondholders")
YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe
12 shell firms, 2 UK assets, 44 paintings under ED scanner; London-bound daughter stopped at Mumbai Airport; CBI books Kapoor and Wadhawan on charges of cheating
 "YES Bank crisis: Rana Kapoor in ED custody, faces Rs 4K-cr kickback probe")
End of a long rope
There's need for an insolvency framework for financial sector
 "End of a long rope")
YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress
Congress alleged the loans given by YES Bank rose 100 per cent in just two years after demonetisation from Rs 98,210 crore in March 2016 to Rs 2,03,534 crore in March 2018
 "YES Bank crisis: Links between BJP & Rana Kapoor well known, says Congress")
Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes
From the impact of coronavirus on Vivad se Vishwas to reforms in the pension market, here are the top 10 business headlines of the day
 "Top 10 biz headlines: Rana Kapoor in ED custody, IT's coronavirus woes")
Rana Kapoor, hard-driving executive who rarely said no to giving loans
Weak compliance, poor governance and greed led to the bank's failure as it lent to borrowers who did not have the ability to repay
Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more
Grey market premiums have dropped to 10% after last week's market fall.
 "Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more")
Letter to BS: RBI reacted late to the bleeding financial report of YES Bank
Things could have been "nipped in the bud" by the RBI if it drew lessons from the bitter past episodes of banks 'covering up' their solvency
 "Letter to BS: RBI reacted late to the bleeding financial report of YES Bank")
Yes Bank crisis: CBI begins probe on allegations of criminal conspiracy
The sources refused to elaborate on the nature of the probe -- preliminary enquiry or an FIR -- or people arraigned, but affirmed that a formal investigation has begun
Yes Bank crisis: Indiabulls Housing says bank owes it Rs 662 cr in bonds
The investments in AT-1 bonds of Yes Bank were made in 2017, as part of its treasury management of over Rs 20,000 crore of cash and when the bank was worth over USD 10 billion in value, it said
