Thursday, 27 January, 2022
TopicYes bank crisis

Topic: yes bank crisis

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.

Yes Bank reports ‘staggering’ Rs 18,654-crore loss in December quarter

The gross non-performing assets shot up to Rs 40,709 crore as of December 31, 2019, up from the preceding September quarter's Rs 17,134 crore.

On Camera

YourTurn

File photo of Russian President Vladimir Putin in Moscow | Photo: Andrey Rudakov | Bloomberg

How Vladimir Putin keeps everyone guessing

Over the years, Putin has always had the upper hand tactically vis-à-vis the West because he’s had what’s called escalation dominance. But experts say he may have gone a big step too far.
AU Small Finance Bank Managing Director and Chief Executive Sanjay Agarwal. | Photo by special arrangement

MSME sector requires hand-holding, Budget measures needed: AU Small Finance Bank MD & CEO

The sector has faced continued distress since the Covid-19 pandemic struck in March 2020. Govt data says about 9% of MSMEs shut down due to the pandemic.

Defence

The photo of former PM Indira Gandhi with the three former service chiefs | Photo: Wikimedia Commons

‘Mystery’ brochure on 1971 War crops Indira Gandhi, Jagjivan Ram from images, courts controversy

Both images show the then service chiefs, but the former PM and defence minister is removed from them.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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