SC had stayed UP Police's criminal proceedings against Yes Bank ex-CEO Kapoor & Videocon founder Dhoot last month. Chandra alleges Kapoor arm-twisted him into agreeing merger between Dish TV and Videocon in 2016.
Having been rescued by a group of lenders in March 2020, Yes Bank is looking to build on its highest quarterly profit since the end of 2018, helped by fee income and loan recoveries.
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.
Doubts over foreign bidders, including Canada’s Erwin Singh Braich and Hong Kong-based SPGP Holdings, have triggered concerns that RBI might not allow them to take ownership stakes.
This is the latest phase in the US-China technology competition, which now spans supply chain law, export controls, labour compliance, and semiconductor access.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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