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MUMBAI: Troubled private sector lender Yes Bank was placed under a “moratorium” on late Thursday, with the RBI (Reserve Bank of India) capping depositor withdrawals…
The Reserve Bank on Thursday imposed a moratorium on the capital-starved Yes Bank and capped withdrawals at ₹50,000 per account till further orders. The board…
NEW DELHI: India’s central bank kept amassing dollars all through 2019, ending the year with Asia’s biggest jump in foreign exchange reserves. That may come…
Kochhar’s lawyers claimed that her services are governed by a statute, more particularly Section 35B(1)(b) of the Banking Regulation Act. Further, the RBI’s grant of…
With lenders approving a Rs 23,000 crore resolution plan for Reliance Communication, as much as Rs 5,500 crore will flow to Chinese banks, clearing about…
YES Bank hogged limelight on Thursday as multiple news organisations quoting sources reported that the government has approved a plan for the bank’s takeover by…
NEW DELHI: SBI and LIC are set to pick up 49 per cent stake in YES Bank by acquiring preferential shares in the private lender…
The Rs 10,355-crore public offer of the country’s second largest credit card issuer SBI Cards and Payment Services has been oversubscribed 26.54 times so far on…
The Indian stock market continues trading in the green but is off the high point of the day with Sensex is up 131.46 points or 0.34 percent at…