The duo was arrested Sunday from a Mahabaleshwar-based quarantine facility, nearly 50 days after they were booked in the case also involving Yes Bank CEO Rana Kapoor.
The Enforcement Directorate official said that Anil Ambani's group companies have taken loans of about Rs 12,800 crore from the crisis-ridden bank that turned NPA.
ED suspects Yes Bank co-founder Rana Kapoor also bought 11 properties in Mumbai, London and NY with kickbacks. Lawyer rubbishes claim as ‘totally false’.
During a court hearing, the investigating agency said that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during his tenure in the private bank.
Bank’s lending growth was substantially over the average credit growth of the banking industry, with experts saying the board should have been more proactive in flagging it.
It’s hard to build a house, run a business, or do anything without paying bribes. And yet, citizens’ anger about this open, unchecked corruption won’t erupt into Anna Hazare-type rallies.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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