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Yes Bank Board Reconstituted With Immediate Effect

Catch all the live updates on the Yes Bank crisis here.

Updated
India
15 min read
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Yes Bank board was reconstituted with immediate effect on Thursday, 26 March, with the appointment of eight members pursuant to Yes Bank Limited Reconstruction Scheme, 2020.

Snapshot
  • Jet Airways founder Naresh Goyal on 21 March, appeared before the Enforcement Directorate in connection with a money laundering probe against Yes Bank promoter Rana Kapoor
  • Reliance Group chairperson Anil Ambani too had appeared before the ED in for questioning
  • RBI Governor Shaktikanta Das on Monday said the Yes Bank crisis resolution was quick and timely
  • The CBI booked Rana Kapoor, his wife Bindu and Avantha Realty promoter Gautam Thapar in a fresh case on 13 March
8:21 PM , 26 Mar

Yes Bank Board Reconstituted With Immediate Effect

Yes Bank board reconstituted with immediate effect with the appointment of 8 members pursuant to Yes Bank Limited Reconstruction Scheme, 2020.

12:11 PM , 19 Mar

"Remitted Rs 397 Crores to SBI Account of Jagannath Temple Corpus Fund": State Head of Yes Bank

Senior President & State Head of Yes Bank Jaydev Das, stated that the bank have remitted Rs 397 crores to the designated State Bank of India (SBI) account of Jagannath Temple Corpus Fund.

11:29 AM , 19 Mar

Yes Bank Halts 4-Session Rally; Shares Tumble Over 29 Percent

Shares of Yes Bank on Thursday, 19 March, halted its four-session rally and plunged over 29 percent after the company said its single largest promoter Madhu Kapur has pledged an additional 25 lakh share of her family's shareholding in the bank, reported news agency PTI.

The scrip plummeted 25.74 percent to Rs 45.15 at the BSE.

11:24 AM , 19 Mar

Anil Ambani Appears Before ED in Money Laundering Case

Reliance Group chairperson Anil Ambani appeared before the Enforcement Directorate in Mumbai on Thursday for questioning in connection with a money laundering case involving Yes Bank and its founder Rana Kapoor.


Published: 07 Mar 2020, 2:11 PM IST
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