'Conspired' with Avantha group and bought house at discounted price
Taking part in discussion on the Yes Bank issue, he said the government would take a review to know the quantum of civic bodies' funds stuck in that bank
Congress' chief spokesperson Randeep Surjewala and the party's leader in Lok Sabha Adhir Ranjan Chowdhury said it was important to understand the 'chronology' of the Modi government's 'new experiment
The committee will inquire into the deposit of the Lords money in the private bank by the Shree Jagannath Temple Administration
Depositors are a subset of taxpayers. A depositor also pays tax. So what he gains as a depositor he may well be losing as a taxpayer
The cure might lie in things like improving market intelligence, responding to early signals, improving efficacy of prosecution, and understanding structures and inter-dependence, writes T N Ninan
The probe agency is carrying out searches in Delhi and Mumbai at multiple locations
Market participants say ask yields for other large-sized banks' AT-1 bonds have hardened further
Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue
The ICICI Bank in a regulatory filing said that the board has approved an equity investment of up to Rs 1000 crore in equity shares of YES Bank Limited
The moratorium imposed on the bank will be lifted within three days after the notification is issued
"This investment is likely to result in ICICI Bank Ltd holding in excess of 5 per cent shareholding in Yes Bank," the lender said in a regulatory filing.
Indian equity markets ended an eventful and highly volatile session with significant gains on Friday after posting a record intra-day recovery
The government on Friday extended the deadline for submitting bids for buying 100 per cent stake in Air India till April 30. The deadline was originally set at March 17
Cabinet has cleared a draft resolution scheme for cash-starved YES Bank. Last week, the Reserve Bank of India (RBI) had announced a draft scheme of reconstruction for the lender. Follow LIVE UPDATES
State Bank of India (SBI) had on Thursday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity
The scheme was announced a day after the RBI imposed a month-long moratorium on YES bank
The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan
'We strongly believe that such a move can have banking and financial sector stability implications,' the letter stated
Overall, more than Rs 8,000 crore of investments are exposed to YES Bank's AT-1 bonds