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2 mins read

ICICI Bank to infuse Rs 1,000 cr in Yes Bank as part of bailout plan

New Delhi, Mar 13 () ICICI Bank on Friday said it will invest Rs 1,000 crore in Yes Bank as part of…

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2 mins read

Crisis at Yes Bank highlights governance risk in India's banking sector: Fitch

Stating that the speed of the authorities' resolution of the situation at Yes Bank is likely to be …

PTI   


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3 mins read

Confessions: Planning crisis or life during COVID-19

How young professionals are dealing with life and work in isolation

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2 mins read

Benchmarks bleed on global sell-off, Yes Bank crisis; post weekly losses

"Another bank bites the dust. This time its Yes Bank - one of the large private sector banks. RBI …

PTI   


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Moratorium on Yes Bank to go soon; govt approves bailout plan

"The Board of Directors of Axis Bank Ltd at its meeting held today has accorded approval to invest…

PTI   


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Raghuram Rajan says Yes Bank gave enough notice of difficulty and there was 'time' to plan

SBI is set to pick up 49 per cent stake in the lender under RBI's reconstruction plan. "Yes…

PTI   


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4 mins read

Here's why former RBI governor Rajan and former deputy Acharya believe the plan to allow corporations to own banks is a 'bad idea'

Their direct access into the financial veins of the system would only increase the concentrati…

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2 mins read

ICICI Bank to infuse Rs 1,000 cr in Yes Bank as part of bailout plan

"The Board... accorded approval for an equity investment of up to Rs 10 billion in equity shares o…

PTI   


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3 mins read

Trump's last defense secretary says he pretended to be 'insane' and a 'madman' to throw the president off the idea of bombing Iran: book

"I have found oftentimes with provocative people, if you get more provocative than them, they then …

Bryan Metzger,John Haltiwanger   


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7 mins read

Meet the millennial mayor of Berkeley, who changed his mind on the housing crisis. 'I can't sit back and see more people being priced out of my city.'

"I just think it's fundamentally wrong that we are literally pricing out future generations from be…

Ben Winck   


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4 mins read

Wall Street loves the housing crisis. The nationwide home shortage keeps investors' profits safe.

Investors began buying homes in the past decade and raked in profits in 2020. Now they're saying in…

Ben Winck   


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5 mins read

Yes bank CEO designate Prashant Kumar ruled out a forensic audit

Mumbai, Mar 17 () Yes Bank CEO-designate Prashant Kumar on Tuesday ruled out a forensic audit of th…

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4 mins read

The fall of Yes Bank founder Rana Kapoor from a billion dollars to facing a ₹4300 crore investigation

India’s second richest banker Rana Kapoor — former MD and CEO of troubled Yes Bank — was taken in…

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2 mins read

Yes Bank’s white knight SPGP Holdings didn’t have ₹2 crore to bid for Reid & Taylor in Jan 2019

Cash-strapped Yes Bank has been looking for an investor and Hong Kong-based SPGP Holdings has repor…

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3 mins read

Biden's big jobs plan will actually hurt low-income and minority Americans' chances of owning a home

The Biden administration should stop building barriers to homeownership and instead support policie…

Jerry Theodorou   


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1 min read

RBL Bank assures its investors that it is financially strong and well capitalized

"The management of RBL Bank wishes to address the prevailing concerns around the bank which is …

PTI   


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2 mins read

AOC says Biden's infrastructure plan is way too small - she wants a $10 trillion package

A $10 trillion plan could create tens of millions of "good union jobs," Rep. Alexandria Ocasio-Cort…

Ben Winck   


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2 mins read

Fear of Russian reprisals has countries lining up to oppose the EU's plan to target Moscow with a price cap on gas

Some EU members are worried Moscow will completely shut down all gas flows to Europe, while others …

Zahra Tayeb   


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1 min read

Federal Bank to invest Rs 300 crore in Yes Bank

Private lender ICICI Bank also announced investing Rs 1,000 crore for an equity in excess of 5 per…

PTI   


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1 min read

Bandhan Bank to invest Rs 300 cr in Yes Bank

In a late night filing on Friday, Bandhan Bank said its board has "granted approval for an equity …

PTI