Page 39 - Yes Bank
MFs urge investors to de-link YES Bank account and scout for alternatives
Move aimed to avoid funds getting blocked in account post-redemption request
 "MFs urge investors to de-link YES Bank account and scout for alternatives")
YES Bank fallout: Additional tier-1 bondholders plan legal action
The RBI's draft reconstruction plan for YES Bank states that AT-1 bondholders shall not be entitled to get any compensation from the reconstructed bank
 "YES Bank fallout: Additional tier-1 bondholders plan legal action")
YES Bank crisis: FM Nirmala Sitharaman asks RBI to fix accountability
Sitharaman said the RBI and the government had been closely monitoring YES Bank since 2017
 "YES Bank crisis: FM Nirmala Sitharaman asks RBI to fix accountability")
YES Bank crisis: Raising capital immediate priority, says Prashant Kumar
YES Bank would be run independently and focus will be on turnaround to make it a robust bank and a good investment, Kumar said
 "YES Bank crisis: Raising capital immediate priority, says Prashant Kumar")
Yes Bank impact on key insurance players explained in numbers, chart
The investment exposures of key insurance players have been hit by ratings downgrades
 "Yes Bank impact on key insurance players explained in numbers, chart")
YES Bank crisis: ED raids founder Rana Kapoor's residence in Mumbai
They said the raid is being carried out at his Samudra Mahal residence in the western metropolis
 "YES Bank crisis: ED raids founder Rana Kapoor's residence in Mumbai")
Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's
YES Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment
 "Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's")
RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest
Since YES Bank is PhonePe's exclusive UPI partner, the latter's users have been affected the most
 "RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest")
'Most of us don't know what happened': Yes Bank customers flock branches
Across branches, the busiest people were the relationship managers, trying to soothe nerves
 "'Most of us don't know what happened': Yes Bank customers flock branches")
Crisis at YES Bank highlights governance risk in banking sector: Fitch
The central bank's takeover of Yes Bank appears intended to restore depositor confidence
 "Crisis at YES Bank highlights governance risk in banking sector: Fitch")
This Gujarat co withdrew Rs 265 cr, hours before RBI moratorium on Yes Bank
On Thursday, the RBI restricted withdrawals from Yes Bank to Rs 50,000 per depositor
 "This Gujarat co withdrew Rs 265 cr, hours before RBI moratorium on Yes Bank")
'No Yes Bank,' says Rahul Gandhi, accuses govt of 'destroying' economy
Yes Bank was placed under a moratorium on Thursday, with the Reserve Bank of India (RBI) capping deposit withdrawals at the bank at Rs 50,000 per account for a month and superseding its board
 "'No Yes Bank,' says Rahul Gandhi, accuses govt of 'destroying' economy")
SBI to buy 49% stake in Yes Bank under rescue plan; FM assures depositors
Analysts calculate SBI's investment in Yes Bank would need to total almost Rs 2,500 crore ($339.10 million).
 "SBI to buy 49% stake in Yes Bank under rescue plan; FM assures depositors")
Yes Bank crisis may hit jute mill operations, worker wages ahead of Holi
According to jute industry sources, payments to mills got stuck in totality though 60 per cent of the payment is not associated with Yes Bank
FM on Chidambaram's YES jibe: Self-appointed doctors created more problems
Finance Minister Nirmala Sitharaman on Friday hit back at senior Congress leader P Chidambaram for his jibe over crisis-hit Yes Bank's loan book swelling five times under BJP rule, saying "self-appointed competent doctors" created more problems in handling crisis at three banks during the UPA regime. She blamed Chidambaram for the crisis at Global Trust Bank in July 2004 and the problems at IDBI which had to merge with on-the-verge of collapsing United Western Bank in 2006. The Congress-led UPA had come to power in May 2004 and Chidambaram was the finance minister. Addressing a press conference after the RBI superseded the board of Yes Bank and placed withdrawal restrictions, she said the crisis-hit lender's exposure to stressed corporates dates before 2014. "The exposure of Yes Bank to some of the very stressed corporates has been before 2014. These are public domain names and I am not violating any customer privacy Anil Ambani (Group), Essel Group, DHFL, IL&FS (and) Vodafone ...
 "FM on Chidambaram's YES jibe: Self-appointed doctors created more problems")
Working to revive Yes Bank well before moratorium ends: RBI-appointed admin
Kumar, an ex-chief financial officer of SBI, also assured depositors that their money is safe and there is no reason to panic
ATM queues to govt assurance: YES Bank crisis in pictures
RBI on Friday unveiled 'Scheme of Reconstruction' for Yes Bank, saying that the SBI has expressed willingness to invest in the crisis-ridden lender
 "ATM queues to govt assurance: YES Bank crisis in pictures")
PM, FM clueless on economy, they are like quacks: Cong on Yes Bank crisis
Senior Congress leader P Chidambaram tweeted data on Yes Bank's loan book having increased from Rs 55,633 crore in 2014-15 to Rs 241,499 crore in 2019-20
 "PM, FM clueless on economy, they are like quacks: Cong on Yes Bank crisis")
Paytm Payments Bank restricts transactions into Yes Bank accounts
"Paytm Payments Bank Ltd (PPBL) today (Friday) announced that they are restricting transaction settlements, including UPI, into Yes Bank accounts to safeguard their users' money," PPBL said in a state
 "Paytm Payments Bank restricts transactions into Yes Bank accounts")
Market plunges over sell-off in banking stocks, investors lose Rs 3.28 trn
Shares of Yes Bank came under intense selling pressure on Friday and plunged nearly 85 per cent during the day after the lender was placed under a 30-day moratorium
 "Market plunges over sell-off in banking stocks, investors lose Rs 3.28 trn")
