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Latest Articles in yes bank

Yes Bank Founder Rana Kapoor Sent To ED Custody Till March 11

The agency argued in court that many family companies are involved and there are also some cases of quid pro quo made out of the case.

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SBI Team Working On Yes Bank Rescue Plan, Depositors' Money Safe: Chairman Kumar

The number of equity shares will also be altered to 24,000 crore of Rs 2 each aggregating to Rs 48,000 crore.

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Moody's Downgrades Yes Bank, Ratings Remain Under Review

Yes Bank reported total assets of 49.1 billion dollars (about Rs 3.5 lakh crore) on September 30, 2019.

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RBI Announces Draft Revival Plan For Yes Bank, SBI Willing To Invest

RBI plans to alter the authorised capital for the reconstituted bank to Rs 5,000 crore and number of equity shares will also be altered to 24,000 crore of Rs 2 each aggregating to Rs 48,000 crore.

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Paytm Payments Bank Restricts Credit Into Yes Bank Accounts To Avoid Blocking Of Users’ Money

Paytm customers continue to use Paytm UPI and wallet service without any interruption as before.

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Equity Indices Plunge On Weak Global Cues, Yes Bank Crashes By 55%

The BSE S&P Sensex closed 894 points or 2.32 per cent to 37,577 while the Nifty 50 cracked by 289 points or 2.57 per cent at 10,980.

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Sitharaman To Brief Media Today On Yes Bank Crisis

RBI has assured that they will find a quick resolution. I want to also assure every depositor that their money shall be safe.

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Yes Bank Account Holder? Keep These In Mind

At a stage, the stock was trading in single digits, down 80% from its previous close. If you’re a YES Bank Account Holder, you need to keep these things in mind.

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Yes Bank Plunges 60%, Panicked Depositors Rush To Withdraw Funds

Shares of Yes Bank plunged as much as 85% to wipe out more than $1 billion of market value, marking the biggest intra-day fall in an Indian blue-chip stock.

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Yes Bank Depositors' Interests Will Be Protected: Govt

RBI Governor Shaktikanta Das said that there will be a swift action from the central bank to put in place a scheme to revive Yes Bank.

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India Places Troubled Lender Yes Bank Under Moratorium, Takes Over From Board

The central bank said the move was necessary because of a serious deterioration in the lender's financial position and that it would swiftly work on a revival plan.

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RBI Takes Control Of Bad Loan-Burdened Yes Bank

Shares of Yes Bank, which traded at 404 rupees at its peak in August 2019, fell to a record low of 5.65 rupees on Friday, with the stock plunging nearly 85%.

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Yes Bank Plunges 35% As RBI Takes Control

Shares of SBI tumbled 12% on Friday in their biggest intraday drop since October 2012, dragging down the Nifty Bank Index by 5.7%.

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Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit

During the period of moratorium, the Yes Bank Limited shall not, without the permission in writing of the Reserve Bank of India, make, in the aggregate, payment to a depositor of a sum exceeding Rs. 50,000 lying to his credit, in any savings, current or any other deposit account.

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RBI Imposes Moratorium On Yes Bank, Caps Withdrawals At Rs 50,000

Earlier in the day, sources said SBI along with some other financial institutions would bail out Yes Bank, with the government giving the go-ahead.

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