44 companies from 10 big groups account for Rs 34,000-crore Yes Bank bad loans
MARCH 10, 2020 7:10:11 AM
While at least nine companies of the Anil Ambani Group accounted for NPAs worth Rs 12,800 crore, at least 16 companies belonging to Subhash Chandra’s Essel Group made up Rs 8,400 crore worth of bad loans of Yes Bank.
‘Quick resolution of Yes Bank crisis to keep sector contagion at bay’
MARCH 10, 2020 1:41:21 AM
The RBI on March 5 superseded Yes Bank’s board for 30 days on ground of a “serious deterioration” in its financial position and the absence of a viable revival plan.
SBI providing ‘unfair public subsidy’ to Yes Bank owners: Ashok Khemka
MARCH 10, 2020 1:37:40 AM
Ashok Khemka called the protection of existing common equity Tier I capital a “scam”.
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