Yes Bank crisis: Anil Ambani files adjournment plea before ED in probe against Rana Kapoor
4 years, 9 months ago

Yes Bank crisis: Anil Ambani files adjournment plea before ED in probe against Rana Kapoor

Firstpost  

Reliance Group Chairman Anil Ambani has filed an adjournment application and sought more time to appear before the Enforcement Directorate in connection with the ongoing money laundering probe related to Yes Bank co-founder Rana Kapoor Reliance Group Chairman Anil Ambani has filed an adjournment application and sought more time to appear before the Enforcement Directorate in connection with the ongoing money laundering probe related to Yes Bank co-founder Rana Kapoor. Enforcement Directorate officials: Reliance Group Chairman Anil Ambani has filed an adjournment application and has sought more time to appear before the Enforcement Directorate after ED summoned him in connection with its probe against Yes Bank founder Rana Kapoor and others. pic.twitter.com/vjT69pHyNB — ANI March 16, 2020 “Reliance Group states it has NIL direct or indirect exposure to Rana Kapoor, Former CEO of YES Bank, or his wife or daughters, or any entities controlled by Rana Kapoor or his family. Reliance Group says its entire exposure to Yes Bank is fully secured and transacted in the ordinary course of business,” said the statement issued on Wednesday.

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History of this topic

Yes Bank co-founder Rana Kapoor gets bail in bank fraud case after four years
8 months, 3 weeks ago

Yes Bank co-founder Rana Kapoor gets bail in bank fraud case after four years

The Hindu  

April 19, 2024 05:33 pm | Updated April 20, 2024 01:41 am IST - Mumbai A special court in Mumbai granted bail to Yes Bank co-founder Rana Kapoor on Friday. Mr. Kapoor’s lawyer Rahul Agarwal said, “The case in brief is that Yes Bank Ltd was accused of misappropriation of the impugned loan amount and through Bliss Abode Private Limited …

PMLA court rejects Roshni Kapoor’s plea for foreign travel
1 year, 1 month ago

PMLA court rejects Roshni Kapoor’s plea for foreign travel

Hindustan Times  

MUMBAI: A special Prevention of Money Laundering Act court on Thursday rejected former Yes Bank CEO Rana Kapoor’s daughter Roshni Kapoor’s application for a 14-day trip to Paris. Mumbai, India - March 11, 2020: Roshini Kapoor daughter of Yes Bank founder Rana Kapoor outside Enforcement Directorate office, in Mumbai, India, on Wednesday 11 Mar, 2020. Rana Kapoor was arrested in …

Court allows former Yes Bank CEO Rana Kapoor's wife to travel abroad
1 year, 2 months ago

Court allows former Yes Bank CEO Rana Kapoor's wife to travel abroad

Hindustan Times  

A special court in the city has permitted Bindu Kapoor, 65, wife of former Yes Bank CEO Rana Kapoor, to travel abroad for 10 days for the treatment of multiple orthopaedic problems. Yes Bank founder Rana Kapoor is under investigation for suspected money laundering worth ₹ 4300 crore. He allegedly entered into a criminal conspiracy with the Wadhawan brothers - …

Anil Ambani appears before ED in FEMA case
1 year, 6 months ago

Anil Ambani appears before ED in FEMA case

The Hindu  

Industrialist Anil Ambani appeared before the Enforcement Directorate’s office on Monday morning in connection with an investigation linked to an alleged contravention of the foreign exchange law, an ED official said. On August 8, 2022, the I-T Department issued a notice to Mr. Ambani over the alleged evasion of ₹420 crore in taxes on undisclosed funds of more than ₹814 …

Yes Bank-DHFL scam: CBI searches premises of prominent realtors in Mumbai, Pune
2 years, 8 months ago

Yes Bank-DHFL scam: CBI searches premises of prominent realtors in Mumbai, Pune

India TV News  

Highlights CBI conducted massive raids at eight premises in Mumbai and Pune in DHFL-Yes Bank case Premises belong to Avinash Bhosale and Shahid Balwa, who was named in 2G scam and later acquitted Radius Developers owe over Rs 3,000 crore to DHFL. It had taken loan to finance a project in Mumbai Yes Bank-DHFL scam: The CBI on Saturday began …

Rana Kapoor, Gandhis, MF Hussain, Yes Bank, and the painting that connects them
2 years, 8 months ago

Rana Kapoor, Gandhis, MF Hussain, Yes Bank, and the painting that connects them

Op India  

On April 23, it was revealed that disgraced banker Rana Kapoor has admitted in front of the Enforcement Directorate that he was forced to buy an MF Hussain painting from Priyanka Gandhi Vadra for Rs 2 crores. Reports suggested the Income Tax department has found an alleged nexus between former Yes Bank promoter Rana Kapoor and Gandhi-scion Priyanka Gandhi Vadra. …

Ex-Yes Bank chief Rana Kapoor says he was forced to buy MF Hussain by Priyanka Gandhi for 2 crores
2 years, 8 months ago

Ex-Yes Bank chief Rana Kapoor says he was forced to buy MF Hussain by Priyanka Gandhi for 2 crores

Op India  

In a stunning revelation, Yes Bank co-founder Rana Kapoor has disclosed that he was forced to buy an MF Husain painting from Congress leader Priyanka Gandhi. Sale proceeds were used to fund Sonia’s treatment: Rana Kapoor Yes Bank co-founder Rana Kapoor, who is accused of money laundering, also revealed that the Gandhi family utilised the sale proceeds for medical treatment …

Yes Bank’s former CEO Rana Kapoor says was forced to buy painting from Priyanka
2 years, 8 months ago

Yes Bank’s former CEO Rana Kapoor says was forced to buy painting from Priyanka

Hindustan Times  

Mumbai Yes Bank founder Rana Kapoor has claimed in a statement to the Enforcement Directorate that he was pushed to buy a MF Husain painting from Priyanka Gandhi Vadra, and that he was promised one of the country’s top civilian awards in return. Yes Bank founder Rana Kapoor The statement, recorded by ED on March 9 and 10, 2020, added …

Yes Bank-DHFL case: Rana Kapoor, Wadhawans laundered money worth ₹5,050 crore, says ED
2 years, 8 months ago

Yes Bank-DHFL case: Rana Kapoor, Wadhawans laundered money worth ₹5,050 crore, says ED

The Hindu  

The Enforcement Directorate has alleged that Yes Bank co-founder Rana Kapoor and Dewan Housing Finance Limited promoters Kapil and Dheeraj Wadhawan siphoned off funds worth ₹5,050 crore through suspicious transactions. The ED said this in its second supplementary charge sheet filed in special court in Mumbai recently against Rana Kapoor, his family, Wadhawans and others in a money laundering case. …

Anil Ambani steps down as director of R-Infra, Reliance Power
2 years, 9 months ago

Anil Ambani steps down as director of R-Infra, Reliance Power

India Today  

Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI's order restraining him from associating with any listed company. "Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance with SEBI interim order," Reliance Power said in a BSE filing. In a separate filing to …

Yes Bank co-founder Rana Kapoor gets bail from PMLA court in Rs 300 crore property fraud case
2 years, 10 months ago

Yes Bank co-founder Rana Kapoor gets bail from PMLA court in Rs 300 crore property fraud case

Firstpost  

Kapoor, however, will not walk out of jail as he is in judicial custody in connection with other fraud cases. The ED arrested Kapoor on money laundering charges in 2020 Mumbai: A special PMLA court here on Wednesday granted bail to Yes Bank founder Rana Kapoor, businessman Gautam Thapar and seven others in a case pertaining to the sale of …

71 loans cleared during Rana Kapoor’s tenure turned bad: ED
3 years, 2 months ago

71 loans cleared during Rana Kapoor’s tenure turned bad: ED

Live Mint  

At least 71 loan accounts worth more than ₹31,855 crore sanctioned during the tenure of Rana Kapoor, the co-founder and former managing director of Yes Bank, have turned into non-performing assets or non-performing investments NPIs, according to a charge sheet by the Enforcement Directorate. The charge sheet, reviewed by Hindustan Times, was filed on 1 October in a Delhi court …

CBI files chargesheet against Yes Bank founder Rana Kapoor, wife Bindu, Gautam Thapar in Rs 1,700-cr loan scam
3 years, 3 months ago

CBI files chargesheet against Yes Bank founder Rana Kapoor, wife Bindu, Gautam Thapar in Rs 1,700-cr loan scam

India Today  

The Central Bureau of Investigation on Friday filed a chargesheet against Yes Bank’s former chief Rana Kapoor, wife Bindu Kapoor, promoter of Avantha Reality Gautam Thapar and others in connection with an alleged loan scam of over Rs 1,700 crore. “It was further alleged that the property was mortgaged to Yes Bank Limited against a loan of Rs 400 crore …

Yes Bank case: Rana Kapoor’s wife, daughter get interim bail from special court
3 years, 4 months ago

Yes Bank case: Rana Kapoor’s wife, daughter get interim bail from special court

Live Mint  

A special CBI court in Mumbai granted interim bail to wife and daughter of Yes Bank founder Rana Kapoor in a bank fraud case on Saturday. Kapoor's wife Bindu and daughter Radha were named as accused in the recently-filed supplementary charge sheet by the Central Bureau of Investigation, but they were never arrested. The mother-daughter duo contended before special judge …

Yes Bank Fraud Case: Gautam Thapar Remanded to 14-Day ED Custody
3 years, 5 months ago

Yes Bank Fraud Case: Gautam Thapar Remanded to 14-Day ED Custody

The Quint  

The Avantha Group promoter was arrested by the ED under the Prevention of Money Laundering Act after the investigation agency conducted raids against Thapar and the businesses associated with him, in Delhi and Mumbai. The CBI had filed an FIR alleging that Rana Kapoor, CEO of Yes Bank, had obtained illegal gratification of Rs 307 crore in the form of …

Yes Bank fraud case: ED arrests Avantha Group promoter Gautam Thapar
3 years, 5 months ago

Yes Bank fraud case: ED arrests Avantha Group promoter Gautam Thapar

Live Mint  

New Delhi: The Enforcement Directorate has arrested Avantha Group promoter Gautam Thapar in connection with a money laundering case, news agency PTI reported. Thapar was arrested under provisions of the Prevention of Money Laundering Act on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The ED has been probing an …

Yes Bank grapples with legacy issues left behind by disgraced founder
3 years, 5 months ago

Yes Bank grapples with legacy issues left behind by disgraced founder

Live Mint  

Two years after Rana Kapoor’s exit, Yes Bank continues to grapple with the legacy of its founder—a plethora of loans given out in an alleged quid pro quo where the bank bypassed institutional credit checks. Other controversial transactions include Yes Bank’s alleged dealings with a well-known asset reconstruction company promoted by the kin of a prominent industrialist, where close to …

Anil Ambani's debt-laden Reliance Infrastructure sells Santacruz centre to YES Bank
3 years, 9 months ago

Anil Ambani's debt-laden Reliance Infrastructure sells Santacruz centre to YES Bank

India TV News  

Reliance Infrastructure Limited and YES Bank Limited announced a sale transaction of Reliance Centre, Santacruz, Mumbai to YES Bank. Entire proceeds from the sale of Reliance Centre, Santacruz is utilized only to repay the debt of YES Bank. Rinfra has closed three major transactions in the last 90 days namely sale of road assets -- Delhi Agra Toll Road, Transmission …

Huge loss of public funds serious matter: Bombay HC while rejecting Yes Bank chief Rana Kapoor's bail plea
3 years, 11 months ago

Huge loss of public funds serious matter: Bombay HC while rejecting Yes Bank chief Rana Kapoor's bail plea

India Today  

The Bombay High Court rejected the bail plea of Yes Bank co-founder and former Managing Director Rana Kapoor last month. Huge loss of public fund is required to be viewed seriously.” The court further said, “It cannot be disputed that money lying with Yes Bank is public money.” Justice Prakash D Naik, in the 28 page order, noted that the …

ED Arrests Yes Bank Co-founder Rana Kapoor in Fresh Money Laundering Case
3 years, 11 months ago

ED Arrests Yes Bank Co-founder Rana Kapoor in Fresh Money Laundering Case

News 18  

The Enforcement Directorate has arrested Yes Bank co-promoter Rana Kapoor in a fresh money laundering case linked to an alleged Rs 4,300 crore fraud at the PMC Bank in Maharashtra, official sources said on Wednesday. The central agency filed a criminal case of money laundering in October, 2019 to probe alleged loan fraud in the Punjab and Maharashtra Co-operative Bank, …

Yes Bank founder Rana Kapoor arrested by ED in Mack Star-PMC Bank scam case
3 years, 11 months ago

Yes Bank founder Rana Kapoor arrested by ED in Mack Star-PMC Bank scam case

India Today  

The Enforcement Directorate has arrested Yes Bank founder Rana Kapoor in the Mack Star Group-PMC Bank scam case on Wednesday. HDIL was a stake in Mack Star Group and had borrowed a loan from Yes Bank without knowledge of the other stakeholder in Mack Star. ED had said in a statement last week that it is probing instance involving the …

After Union Bank, IOB, Delhi HC Directs SBI, RBI To Maintain Status Quo On Classification Of Anil Ambani's RComm, Reliance Telecom Accounts
4 years ago

After Union Bank, IOB, Delhi HC Directs SBI, RBI To Maintain Status Quo On Classification Of Anil Ambani's RComm, Reliance Telecom Accounts

Live Law  

About a week after Union Bank of India and Indian Overseas Bank, State Bank of India and the Reserve Bank of India have been directed by the Delhi High Court to maintain status quo on the classification of Anil Ambani's Reliance Communication Ltd's and Reliance Telecom Ltd's accounts as 'fraudulent' until Jan 13, 2021. Issuing notice on a plea towards …

When Yes Bank Audit Report Carried Only a Brief Obituary of Founder Ashok Kapur
4 years, 1 month ago

When Yes Bank Audit Report Carried Only a Brief Obituary of Founder Ashok Kapur

News 18  

An obituary message for Yes Bank founder chairman Ashok Kapur, who fell to terrorists’ bullets in the 26/11 attacks, was carried in a “tiny blink-and-miss paragraph” in the company’s audit reports published five months later, claims a new book. “Five months after Kapur died, Yes Bank would summarise its annual operations for the financial year and put together its annual …

Yes Bank Case: Rana Kapoor's Daughter Roshni Gets Bail
4 years, 1 month ago

Yes Bank Case: Rana Kapoor's Daughter Roshni Gets Bail

News 18  

A magistrate court here on Thursday granted bail to Yes Bank founder Rana Kapoors daughter Roshni Kapoor, an accused in the Yes Bank fraud case linked to DHFL, after she appeared before the court in response to summons issued to her. The magistrate court last month accepted the charge sheet filed by the CBI and issued summons to all the …

How the RBI got rid of Yes Bank’s Rana Kapoor
4 years, 2 months ago

How the RBI got rid of Yes Bank’s Rana Kapoor

Live Mint  

Yes Bank, as most readers will be aware, ended up in a downwards spiral. This ‘over-financing’ helped Yes Bank grow its balance sheet, earn profits, pay good dividends and keep the shareholders – which include Kapoor and his family – happy. Every time the RBI inspection team found a bad loan, Kapoor’s standard response was: ‘I will take care of …

Yes Bank’s Second Life After Rana Kapoor: What Has That Been Like?
4 years, 2 months ago

Yes Bank’s Second Life After Rana Kapoor: What Has That Been Like?

The Quint  

Typically, a bank gives the Reserve Bank of India a list of names to pick from for the CEO’s post. Two names were sent to the RBI for approval for the top post – Ravneet Gill and Rajat Monga, the senior group president of Yes Bank, and believed to be Rana Kapoor’s Man Friday. Gill did have rounds of discussions …

ED Attaches London Flat Worth Rs 127 Crore of Jailed Yes Bank Founder Rana Kapoor
4 years, 3 months ago

ED Attaches London Flat Worth Rs 127 Crore of Jailed Yes Bank Founder Rana Kapoor

News 18  

The Enforcement Directorate has attached a Rs 127-crore flat of Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others, the central agency said on Friday. The property was purchased by Rana Kapoor in 2017 for 9.9 million pound in the name of DOIT Creations Jersey Limited and he is the beneficial …

Yes Bank Fraud Case: Bombay HC Grants Bail to DHFL Promoters Kapil and Dheeraj Wadhawan
4 years, 4 months ago

Yes Bank Fraud Case: Bombay HC Grants Bail to DHFL Promoters Kapil and Dheeraj Wadhawan

News 18  

The Bombay High Court on Thursday granted bail to Dewan Housing Finance Corporation Ltd promoters Kapil Wadhawan and Dheeraj Wadhawan, who have been accused of money laundering by the Enforcement Directorate in the multi-crore Yes Bank fraud case. An accused can seek default bail if the investigating agency fails to file a charge sheet against him or her in the …

Yes Bank Fraud Case: Blow To CBI As Court Dismisses Chargesheet To Prosecute Rana Kapoor In Absence Of Sanction
4 years, 5 months ago

Yes Bank Fraud Case: Blow To CBI As Court Dismisses Chargesheet To Prosecute Rana Kapoor In Absence Of Sanction

ABP News  

: In a twist in the Yes Bank fraud scam, the special CBI court on Friday sent the Yes Bank fraud case to a Metropolitan Magistrate in the absence of sanction obtained to prosecute the main accused Rana Kapoor under the Prevention of Corruption Act. In June, the Central Bureau of Investigation had filed a charge sheet against Yes Bank's …

Yes Bank Case: ED Attaches Rs 2,200 Cr Worth Assets of Rana Kapoor
4 years, 6 months ago

Yes Bank Case: ED Attaches Rs 2,200 Cr Worth Assets of Rana Kapoor

The Quint  

The Enforcement Directorate on Thursday, 9 July attached assets worth over Rs 2,200 crore of Yes Bank founder Rana Kapoor and others in the money laundering case. The attached properties include a building at Mumbai’s Cumbala Hill, three duplexes at Napean Sea Road, a flat at Nariman Point, eight flats in Worli and a property in Amrita Shergill Marg, New …

Yes Bank case: ED questions Rana Kapoor's wife Bindu Kapoor
4 years, 6 months ago

Yes Bank case: ED questions Rana Kapoor's wife Bindu Kapoor

India Today  

The Enforcement Directorate on Wednesday questioned Bindu Kapoor, the wife of Yes Bank founder Rana Kapoor who has been named as accused in the Yes Bank case by the ED and the CBI along with Rana Kapoor and their three daughters. The Enforcement Directorate and CBI are probing alleged kickbacks received by Rana Kapoor for loans sanctioned by Yes Bank …

Sebi removes Rana Kapoor as Yes Bank promoter
4 years, 6 months ago

Sebi removes Rana Kapoor as Yes Bank promoter

Live Mint  

The Securities and Exchange Board of India, has removed Yes Bank founder Rana Kapoor as the promoter of the company and reclassified him as an ordinary public shareholder. The bank informed the stock exchanges on Wednesday about Sebi’s decision following a request from the current management, who asked for Kapoor’s removal ahead of the follow-on public offer being planned in …

Yes Bank scam: Founder's daughters deny knowledge of any wrongdoing in their companies
4 years, 7 months ago

Yes Bank scam: Founder's daughters deny knowledge of any wrongdoing in their companies

India Today  

Yes Bank founder Rana Kapoor's daughters have told Enforcement Directorate that they had no knowledge about any quid pro quo or about the source of the initial investment in the companies owned by them. The ED, earlier this month, filed a charge sheet in the Yes Bank case and named the bank's founder Rana Kapoor, his wife Bindu Kapoor and …

ED arrests Kapil and Dheeraj Wadhawan in Yes Bank case
4 years, 7 months ago

ED arrests Kapil and Dheeraj Wadhawan in Yes Bank case

India Today  

The Enforcement Directorate on Thursday arrested Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Limited in the Yes Bank case. Rana Kapoor in his statement given to the ED said, “In 2018, DHFL had issued retail senior public debentures worth Rs 8,000 to 10,000 crore and an amount of approximately Rs 3,000 crore plus was allocated for purchase, by …

Yes Bank case: ED all set to interrogate DHFL promoters Kapil, Dheeraj Wadhawan
4 years, 7 months ago

Yes Bank case: ED all set to interrogate DHFL promoters Kapil, Dheeraj Wadhawan

India Today  

Enforcement Directorate officials are all set to interrogate the DHFL promoters Kapil Wadhawan and his brother Dheeraj Wadhawan in the Yes Bank case. Last week, ED filed chargesheet in the Yes Bank case and revealed the alleged quid pro quo by Yes Bank founder Rana Kapoor, who offered suspicious loans to various entities including DHFL. 8,000 to Rs 10,000 crore …

Yes Bank fraud case: Enforcement Directorate files charge sheet against Rana Kapoor on money laundering charges
4 years, 8 months ago

Yes Bank fraud case: Enforcement Directorate files charge sheet against Rana Kapoor on money laundering charges

Firstpost  

The Enforcement Directorate on Wednesday filed a charge sheet against Yes Bank co-founder Rana Kapoor, arrested on money laundering charges, in a special court here Mumbai: The Enforcement Directorate on Wednesday filed a charge sheet against Yes Bank co-founder Rana Kapoor, arrested on money laundering charges, in a special court here. Kapoor, the former MD and CEO of Yes Bank, …

ED chargesheet against Yes Bank founder Rana Kapoor to mention Rs 5,000 crore money laundering
4 years, 8 months ago

ED chargesheet against Yes Bank founder Rana Kapoor to mention Rs 5,000 crore money laundering

India Today  

The Enforcement Directorate is set to file its chargesheet in the Yes Bank case in the PMLA court in Mumbai against founder Rana Kapoor and his family members. ED has provisionally attached 168 bank accounts of Rana Kapoor and his family and their network companies with worth Rs 52 crore. Sources claim that the chargesheet would show proceeds of crime …

Yes bank scam case: CBI court extends custody of accused Kapil, Dheeraj Wadhawan till 1 May
4 years, 8 months ago

Yes bank scam case: CBI court extends custody of accused Kapil, Dheeraj Wadhawan till 1 May

Firstpost  

A 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 New Delhi: A special CBI court has extended the custody of DHFL promoter Kapil Wadhawan and his brother Dheeraj till 1 May in …

Yes Bank crisis: CBI to seek Rana Kapoor's custody for further investigation
4 years, 9 months ago

Yes Bank crisis: CBI to seek Rana Kapoor's custody for further investigation

India Today  

The Central Bureau of Investigation on Friday procured a production warrant against Yes Bank founder Rana Kapoor from the special CBI court for seeking his custody in the case registered with the agency. On March 7, the CBI had registered a case against Rana Kapoor, Dheeraj and Kapil Wadhawan of DHFL, Do It Urban Ventures Pvt Ltd, Kapoor's daughters Radha, …

Crisis-hit Yes Bank founder Rana Kapoor sent to judicial custody, lawyer fears he may get coronavirus
4 years, 9 months ago

Crisis-hit Yes Bank founder Rana Kapoor sent to judicial custody, lawyer fears he may get coronavirus

Firstpost  

Yes Bank founder Rana Kapoor, arrested in a money laundering case, is “easily susceptible” to getting infected by the coronavirus in prison, his lawyer told a court here on Friday Yes Bank founder Rana Kapoor, arrested in a money laundering case, is “easily susceptible” to getting infected by the coronavirus in prison, his lawyer told a court here on Friday. …

Yes Bank crisis: Anil Ambani appears before ED in Mumbai in connection with money-laundering probe
4 years, 9 months ago

Yes Bank crisis: Anil Ambani appears before ED in Mumbai in connection with money-laundering probe

Firstpost  

Reliance Group Chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said Mumbai: Reliance Group Chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials …

Yes Bank: Wadhawans skip ED summons
4 years, 9 months ago

Yes Bank: Wadhawans skip ED summons

India TV News  

DHFL promoters Kapil and Dheeraj Wadhawan on Tuesday skipped appearing before the Enforcement Directorate in connection with a money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said. It is expected that the ED may now issue them new summons for appearance and may also move a court seeking cancellation of the bail granted to Kapil Wadhawan …

Yes Bank co-founder Kapoor's ED remand extended till March 20
4 years, 9 months ago

Yes Bank co-founder Kapoor's ED remand extended till March 20

India TV News  

A special court here on Monday extended till March 20, the Enforcement Directorate custody of Yes Bank co-founder Rana Kapoor, arrested on money laundering charges. As his remand ended on Monday, Kapoor was produced before special PMLA court judge P P Rajvaidya, who extended his ED custody till March 20 on a plea by the central investigating agency. The ED …

Yes Bank: ED summons Anil Ambani
4 years, 9 months ago

Yes Bank: ED summons Anil Ambani

India TV News  

Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday. They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after …

Yes Bank: ED summons Anil Ambani
4 years, 9 months ago

Yes Bank: ED summons Anil Ambani

The Hindu  

Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday. They said Ambani has been asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are one among the big entities whose loans went …

Yes Bank crisis: Moratorium to be lifted on March 18, rescue plan notified
4 years, 9 months ago

Yes Bank crisis: Moratorium to be lifted on March 18, rescue plan notified

India TV News  

The government on March 13 approved the reconstruction scheme drawn by the Reserve Bank of India's for Yes Bank. Yes Bank was placed under a moratorium earlier this month by the RBI, which took control of the board and also imposed a Rs 50,000-limit on withdrawals from the bank till April 3, sending thousands of depositors scurrying to retrieve their …

Yet another case against Yes Bank’s Rana Kapoor
4 years, 9 months ago

Yet another case against Yes Bank’s Rana Kapoor

The Hindu  

The Central Bureau of Investigation on Friday conducted searches in another case against Rana Kapoor, the then Yes Bank promoter director, his wife Bindu and others in connection with alleged illegal gratification of ₹307 crore for concessions in loan repayments and more credit facilities to Avantha Group companies. Yes Bank had already extended credit facilities of about ₹2,500 crore to …

Yes Bank: CBI registers case against founder Rana Kapoor
4 years, 9 months ago

Yes Bank: CBI registers case against founder Rana Kapoor

India TV News  

Central Bureau of Investigation has filed a case against Rana Kapoor, former Managing Director and CEO of Yes Bank. Rana Kapoor is also the founder of Yes Bank. It is alleged that the bungalow on Amrita Shet Gill Marg was acquired through M/s Bliss Abode pvt ltd. where Rana Kapoor's wife was one of the directors. 685 crore Rana Kapoor …

Yes Bank crisis: CBI books founder Rana Kapoor, wife Bindu and Avantha Realty promoter Gautam Thapar in fresh case
4 years, 9 months ago

Yes Bank crisis: CBI books founder Rana Kapoor, wife Bindu and Avantha Realty promoter Gautam Thapar in fresh case

Firstpost  

New Delhi: The CBI has booked Yes Bank founder Rana Kapoor and his wife Bindu for allegedly obtaining Rs 307 crore bribe through the purchase of a bungalow in a tony Delhi area from a realty firm at half the market price and facilitating around Rs 1,900 crore bank loans to it in return, officials said Friday. The agency suspects …

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