Yes Bank CEO Prashant Kumar says management aims to cut operational expenses by 20% in FY21
• 4 years agoKumar was asked to lead Yes Bank in March after alleged governance lapses under co-founder and chief executive Rana Kapoor
Yes Bank case: CBI books HDIL promoters Wadhawans, others for Rs 200-cr loan fraud
• 5 years agoIt is alleged that loans taken for Mack Star were transferred to settle HDIL liabilities to Yes Bank without intimation to its majority stakeholder and investor ODIL in a conspiracy orchestrated by the HDIL promoters, directors and auditors
Vodafone wins Rs 22,000 cr tax arbitration suit against India; govt liability estimated around Rs 75 cr
• 5 years agoThe Government of India's liability will be restricted to about Rs 75 crore -- Rs 30 crore in cost and another Rs 45 crore in tax refund, sources with direct knowledge of the matter said
Yes Bank scam case: PMLA court in Mumbai summons Rana Kapoor, seven others on 5 June
• 5 years agoThe charge sheet, filed earlier this month, named as accused Rana Kapoor, his wife, daughters and three firms associated with them among others.
Yes Bank scam: ED arrests DHFL promoters Kapil Wadhawan, brother Dheeraj for money laundering
• 5 years agoThe Wadhawans are presently in jail after being arrested by the Central Bureau of Investigation (CBI), which is also probing the same case.
Yes Bank money laundering case: Bombay High Court declines pre-arrest bail to Wadhawans
• 5 years agoThe Bombay High Court on Tuesday refused to grant pre-arrest bail to DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money laundering case of Yes Bank being probed by the Enforcement Directorate
Yes Bank case: Wadhawan brothers bail plea rejected, sent to judicial custody till 22 May
• 5 years agoAs the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody
Yes Bank creates stressed asset management vertical to resolve NPA accounts
• 5 years agoHaving recognised a huge quantum of non-performing assets (NPAs) in the past few quarters, Yes Bank has created a dedicated stressed asset management vertical to recover and resolve such accounts that have touched Rs 50,000 crore, a top official said on Thursday
Yes Bank fraud case: Enforcement Directorate files charge sheet against Rana Kapoor on money laundering charges
• 5 years agoThe Enforcement Directorate (ED) on Wednesday filed a charge sheet against Yes Bank co-founder Rana Kapoor, arrested on money laundering charges, in a special court here
Yes bank scam case: CBI court extends custody of accused Kapil, Dheeraj Wadhawan till 1 May
• 5 years agoA special CBI court in Mumbai on Wednesday extended till 1 May the custody of DHFL promoter Kapil Wadhawan and his brother Dheeraj, accused in a corruption case against former Yes Bank CEO Rana Kapoor, officials said