Yes Bank Moratorium

Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...

A posh apartment of jailed Yes Bank founder Rana Kapoor worth Rs 127 crore in London has been attached by the Enforcement Directorate as it digs deeper into alleged money laundering involving the private bank's former boss.

A day after the moratorium imposed on Yes Bank by Reserve Bank of India (RBI) got lifted, the private lender's shares witnessed a downturn in Thursday's afternoon trade. At 1:30 pm, the bank's scrip was down 9 per cent at Rs55.95. The stock opened at Rs 59 and slippedto Rs 45.15 down as much as 25.74 per cent from the previous closing of Rs60.80.

Yes Bank on Wednesday resumed its services as the moratorium imposed on it by the Reserve Bank of India (RBI) was lifted at 6 pm.

Crisis-hit Yes Bank is set to resume full banking operations starting 6 pm today, paving way for its troubled depositors to make withdrawals without any restrictions. The Reserve Bank of India (RBI) had earlier superceded Yes Bank's board and imposed a moratorium on the beleaguered private sector bank, permitting customers to only take out up to Rs...

The development comes as a group of lenders led by the country's largest bank, State Bank of India (SBI), has committed to pick stake in Yes Bank as part of a government-backed rescue plan for the troubled private sector lender.

Yes Bank, which was put under moratorium by the government last week, had reported a net profit of Rs 1,000 crore in the year-ago period and a loss of Rs 629 crore in the preceding September quarter.

The moratorium on withdrawals from Yes Bank will be lifted on Wednesday evening after the government notified the restructuring scheme proposed by RBI

Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a moratorium by the Reserve Bank till April 3, during which customers are not allowed to withdraw more than Rs 50,000, had depos...

In what may calm harried depositors of Yes Bank, its administrator Prashant Kumar on Monday said he is hopeful of the moratorium on the private sector lender being lifted by Saturday. Merging Yes Bank with itself will have a "negative impact" on SBI, and an independently running institution should continue to do so after some help, Kumar, the forme...

Yes Bank founder Rana Kapoor, his wife and three daughters are among 13 accused named by the CBI in a spiraling investigation into bribery and money-laundering linked to India's fourth largest private lender. The charges were filed on a day of raids in seven locations linked to the family.

Mr Sachdeva who is also the Vice-President of Delhi Petrol Pump Dealers Association told NDTV, "In 2012, my outlet was torched during communal riots in Khoda colony and it took me around 5 years to get it back together because I took several loans. But it feels like the same situation now again. Things have become difficult and I am in a total fix ...

In a late-night tweet, crisis-ridden Yes Bank said that customers can "now make withdrawals" using debit cards, three days after the Reserve Bank Of India (RBI) placed the private lender under a moratorium, capped deposit withdrawals at Rs 50,000 per account for a month and superseded its board.

A day after the Reserve Bank of India (RBI) superseded its Board and imposed a withdrawal limit of Rs 50,000 for 30 days, crisis-ridden private lender Yes Bank, in a letter to its customers asserted that their deposits are safe. The letter, signed by Prashant Kumar, former CFO of State Bank of India (SBI), who has been appointed as Yes Bank's admin...

Yes Bank faced a moratorium from the Reserve Bank of India (RBI) on Thursday that has affected various fintech startups and companies enabling payments over UPI.

Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...

A posh apartment of jailed Yes Bank founder Rana Kapoor worth Rs 127 crore in London has been attached by the Enforcement Directorate as it digs deeper into alleged money laundering involving the private bank's former boss.

A day after the moratorium imposed on Yes Bank by Reserve Bank of India (RBI) got lifted, the private lender's shares witnessed a downturn in Thursday's afternoon trade. At 1:30 pm, the bank's scrip was down 9 per cent at Rs55.95. The stock opened at Rs 59 and slippedto Rs 45.15 down as much as 25.74 per cent from the previous closing of Rs60.80.

Yes Bank on Wednesday resumed its services as the moratorium imposed on it by the Reserve Bank of India (RBI) was lifted at 6 pm.

Crisis-hit Yes Bank is set to resume full banking operations starting 6 pm today, paving way for its troubled depositors to make withdrawals without any restrictions. The Reserve Bank of India (RBI) had earlier superceded Yes Bank's board and imposed a moratorium on the beleaguered private sector bank, permitting customers to only take out up to Rs...

The development comes as a group of lenders led by the country's largest bank, State Bank of India (SBI), has committed to pick stake in Yes Bank as part of a government-backed rescue plan for the troubled private sector lender.

Yes Bank, which was put under moratorium by the government last week, had reported a net profit of Rs 1,000 crore in the year-ago period and a loss of Rs 629 crore in the preceding September quarter.

The moratorium on withdrawals from Yes Bank will be lifted on Wednesday evening after the government notified the restructuring scheme proposed by RBI

Deposits at Yes Bank witnessed a steady decline during the March-September period last year as customers withdrew over Rs 18,100 crore, in a reflection of falling confidence in the bank. Yes Bank, which has been put under a moratorium by the Reserve Bank till April 3, during which customers are not allowed to withdraw more than Rs 50,000, had depos...

In what may calm harried depositors of Yes Bank, its administrator Prashant Kumar on Monday said he is hopeful of the moratorium on the private sector lender being lifted by Saturday. Merging Yes Bank with itself will have a "negative impact" on SBI, and an independently running institution should continue to do so after some help, Kumar, the forme...

Yes Bank founder Rana Kapoor, his wife and three daughters are among 13 accused named by the CBI in a spiraling investigation into bribery and money-laundering linked to India's fourth largest private lender. The charges were filed on a day of raids in seven locations linked to the family.

Mr Sachdeva who is also the Vice-President of Delhi Petrol Pump Dealers Association told NDTV, "In 2012, my outlet was torched during communal riots in Khoda colony and it took me around 5 years to get it back together because I took several loans. But it feels like the same situation now again. Things have become difficult and I am in a total fix ...

In a late-night tweet, crisis-ridden Yes Bank said that customers can "now make withdrawals" using debit cards, three days after the Reserve Bank Of India (RBI) placed the private lender under a moratorium, capped deposit withdrawals at Rs 50,000 per account for a month and superseded its board.

A day after the Reserve Bank of India (RBI) superseded its Board and imposed a withdrawal limit of Rs 50,000 for 30 days, crisis-ridden private lender Yes Bank, in a letter to its customers asserted that their deposits are safe. The letter, signed by Prashant Kumar, former CFO of State Bank of India (SBI), who has been appointed as Yes Bank's admin...

Yes Bank faced a moratorium from the Reserve Bank of India (RBI) on Thursday that has affected various fintech startups and companies enabling payments over UPI.