Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet
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Rana Kapoor's wife also charged with abetting crime
Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend
Tax-free bonds, FDs, RBI 7.75% bonds, gilt funds preferred choices
Last financial year saw a series of banks failures starting with Punjab & Maharashtra Co-operative Bank and culminated in near collapse of YES Bank, India's 5th-largest private sector bank at its peak
The Wadhawans are presently in jail after being arrested by the Central Bureau of Investigation (CBI), which is also probing the same case
Banking lobby group Indian Banks' Association (IBA) is expected to take the proposal, which is on the lines of the Sashakt panel recommendations, to the finance ministry this week.
As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody
Bank sets aside Rs 334 cr for expected penalty for SLR breach
Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about
The plan to raise up to Rs 15,000 crore is very much on. We have identified six merchant bankers for the process and are waiting for the Q4 results to be out, YES Bank's MD said
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The earnings were better than what most of the analysts had expected. Kotak Securities, for instance, estimated the private lender to log net loss at Rs 4,404.4 crore in the quarter under review
Hindustan Unilever will be in focus today as UK-based GSK will offload shares worth Rs 26,000 crore in the FMGC major
The lender had psoted a pre-tax loss of Rs 2,338.31 crore in the same quarter of previous financial year
Charge sheet filed against YES Bank co-founder
A dozen ventures remain mostly shuttered
All that happened in the markets today
This would be the first quarterly result after eight private financial institutions picked up stake in it under the Reserve Bank of India-initiated restructuring scheme