The most important post-mortem required after the YES Bank crisis is about flawed incentives of bankers and officials
Market players said domestic investors have been hit by a double whammy - the YES Bank crisis and the rising number of coronavirus cases
Grey market premiums have dropped to 10% after last week's market fall.
Majority of private bank stocks are down 10-33% YTD, indicating weaning conviction in the sector
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
Restriction on withdrawal will hit the bank badly
The agency also named Doit Urban Ventures (India) Limited in its FIR that includes various Indian Penal Code sections and charges under Prevention and Corruption Act
The ED has already arrested 62-year-old Rana Kapoor in the matter under money-laundering charges
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
"RBI closely monitors all the banks and hereby assures all depositors that there is no such concern of safety of their deposits in any bank."
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
Of total Rs 423 crore in term deposit, the Corp had Rs 385 crore 3 months back
The ED told the court that role of some companies run by Kapoor's family members needs to be established and they need to confront all these people with the accused
The ED arrested Kapoor, 62, early Sunday morning in connection with a money-laundering probe
According to depositories data, FPIs withdrew a net Rs 8,997.46 crore from equities and Rs 4,159.66 crore from the debt segment during March
The original plan was to borrow in local or foreign currency through AT-1 instrument or tier-2 capital
Blames Centre for being oblivious to a 35% spike in private lender's loan book since 2014, hints that SBI was arm-twisted into the deal
The source said the searches are being carried out at the residential premises of all three daughters -- Rakhee Kapoor Tandon, Roshni Kapoor and Radha Kapoor
Sunil Kant Munjal says country is going through 'pain of transition', sees consumption picking up in 2-3 months, isn't too worried about coronavirus
SBI chief asserts private lender's failure could have huge implications for economy, says many co-investors have evinced interest afte reading RBI draft