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Thursday, November 7, 2024
TopicYes bank crisis

Topic: yes bank crisis

Yes Bank’s AT1 bonds tell the tale of broken financial regulation in India

RBI must explain rationale behind decisions related to Yes Bank resolution — mis-selling of bonds, delay in resolution & writing off debt over equity

ED files charge sheet against Rana Kapoor for money laundering in Yes Bank case

The ED is investigating Rs 600 crore received by a company allegedly controlled by Kapoor, his wife and three daughters from an entity linked to DHFL.

IPS officer sent on compulsory leave over DHFL promoters’ travel during Covid-19 lockdown

The Maharashtra bureaucrat had issued a letter exempting DHFL's Wadhawans from the Covid-19 lockdown norms citing a family emergency.

Yes Bank can’t declare private firm NPA for non payment of loan due to Covid-19: Delhi HC

The court was hearing a plea by a real estate company seeking direction to Yes Bank not to take any coercive steps for its failure to pay loan installments since January.

Ashish Gupta, the man who predicted India’s banking crisis warns of new danger

The crisis engulfing India’s NBFCs could be even more destabilising for the $2 trillion economy, Ashish Gupta says.

Patra gives ‘gyaan’ to Liyaquat on ABP, Navika Kumar is schooled on Shaheen Bagh

A quick take on what prime time TV news talked about.

What crisis? HDFC Bank is ramping up corporate loans while rivals are retreating

HDFC Bank’s lending to large & small companies surged 63% over 2 years through 31 Dec as economy went from world-leading growth to slowest expansion in 6 years.

‘Health is priority’ — DHFL promoters cite coronavirus to avoid facing ED in Yes Bank case

In their replies to summons issued by ED, both Dheeraj Wadhawan and Kapil Wadhawan have said they have “nothing more to say” in the Yes Bank case.

This week, depositors will decide if Yes Bank rescue has worked or not

Depositors will decide whether they believe Yes Bank rescue led by SBI will be enough to stem the rot when restrictions on withdrawals end Wednesday.

Yes Bank moratorium to be lifted, banking services to be available from 18 March

Yes Bank clarified that cheque clearing and forex services will remain inactive, while transactions at branches won't have any limit from 19 March.

On Camera

What Arthashastra tells us about strongmen rulers and autocracies in ancient India

Americans might be puzzled as to why an autocratic strongman holds such appeal with voters. But it’s a story India has seen a thousand times in our ancient politics.

US President-elect Trump vows to slash trade deficit with India. How trade fared under him vs Biden

India-US trade in first 3 yrs under Biden was $122 bn, while it was $83 bn in Trump’s first term. Average trade surplus in India’s favour grew from $18 bn under Trump to $31 bn under Biden.

China unveils J-35A stealth fighter, with striking resemblance to US F-35. Here’s how they compare

The Chinese aircraft has uncanny similarities to the American F-35 jet. There are claims that China copied the design. Cyber theft of F-35 design data was reported in 2009.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.