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Thursday, August 14, 2025
TopicYes bank

Topic: Yes bank

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.

Enforcement Directorate summons Anil Ambani in probe against Yes Bank’s 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.

India should use Yes Bank debacle to launch official rupee cryptocurrency

If RBI doesn’t make digital rupees available, people could end up storing their wealth in Silicon Valley-sponsored tokenized money or Beijing’s digital yuan.

Yes Bank rescue is like Hotel California – You can enter but can’t exit

Yes Bank bailout comes with an unusual rider: Investors with more than 100 shares can’t sell 75% of holding for at least 3 years.

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.

Moral of Yes Bank collapse story: Money makes you do things you don’t want to

There’s no silver-bullet solution for India’s financial sector, and to rebuild confidence, boring things need to be done. RBI has much to think about.

Cabinet approves reconstruction scheme for Yes Bank as proposed by RBI

Finance Minister Nirmala Sitharaman said the moratorium on the Bank will be lifted within 3 days of notification of the scheme and its board will be in place in 7 day.

Modi govt shows no urgency to reform financial sector even after biggest bank failure

India urgently needs legislation to tackle bad loans while allowing banks to fail without inducing system-wide panic. But no legislation is imminent.

Don’t withdraw funds from private banks, it’ll hurt financial stability, RBI tells states

RBI move is aimed at countering flight of deposits from private lenders to public sector lenders amid developments at troubled Yes Bank.

BJP acquired ‘Maharaja’ Scindia and Sonia only ‘looks after’ Rahul

The best cartoons of the day, chosen by the editors at ThePrint

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.