Jet Airways' loan exposure to the crisis-ridden Yes Bank is about Rs 550 crore.
Agency concerned investigation may hit asset valuation, monetisation
Appointment is for two years; this is Gandhi's second stint in the same capacity
The former banker was arrested on March 8 by the ED under the provisions of Prevention of Money Laundering Act (PMLA) and was since in the probe agency's custody
With the past two days' decline, the market price of YES Bank has more than halved from the level of Rs 87.95 touched on Wednesday, March 18, in the intra-day trade.
The agency has also sent a second summons to Essel Group chairman and Rajya Sabha MP Subhash Chandra to appear before it on March 21
From ED asking Anil Ambani to appear again on March 30 to Ambanis raising personal shares in RIL, Business Standard brings to you the top headlines of the day
Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor
The banking services resumed at 6 pm on March 18, 2020, and customers were able to get full services by visiting the branches from March 19, 2020. The banking services resumed at 6 pm on March 18, 20
CRISIL has assigned 'A2' rating to the programme
Investors include armed force veterans, govt employees, IT sector staff
The agency is expected to record the statement of the 60-year-old Ambani under the Prevention of Money Laundering Act (PMLA).
Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.
The RWE indicates the possibility of the ratings being either upgraded, downgraded or affirmed.
In the letter addressed to Chief Administrator of the temple shrine, Yes Bank said it has two more FDs of Rs 156 crore which will be transferred by the end of this month.
Yes Bank had resumed complete services on March 18 after the Reserve Bank of India placed it under moratorium on March 5.
Administrator Prashant Kumar said the bank had made adequate preparations for any surge in withdrawal of deposits
Three-fourth of this holding has been locked-in for three years as part of the restructuring plan for the bank
From YES Bank getting Rs 60k-cr line of credit to govt mulling cash transfer option to offset Covid-19, Business standard brings to you the top headlines of the day
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