Yes Bank crisis: CBI searches 7 locations, files FIR against 5 companies, Rana Kapoor's family
Mar 09, 2020, at 05:51 pm
Mumbai/IBNS: A day after CBI registered an FIR against Yes Bank founder and its former MD Rana Kapoor under charges of criminal conspiracy and cheating, the central investigating agency searched seven locations in connection with the Yes Bank scam case, media reports said.
Bloodbath in Indian market as Sensex tanks 1,942 points, NIFTY down by 538 points
Mar 09, 2020, at 04:44 pm
Mumbai/IBNS/UNI: Amid the novel Coronavirus scare, crisis in Yes Bank and the downfall in the global market, the stock market in India witnessed a bloodbath with the fall of 1,942 points on Monday.
Tumble in oil prices will not kill shale industry, rather make it stronger - Fitch
Mar 09, 2020, at 01:32 pm
Moscow/Sputnik/UNI: Dmitry Marinchenko, the head of natural resources and commodities at Fitch Ratings, told Sputnik on Monday that the currents oil market crash would not impact the shale industry, but rather make it stronger, as it was in 2015-2016, and when the prices rise again, shale mining will start to grow.
Indian Market:Â Sensex tanks 1482 pts
Mar 09, 2020, at 12:18 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) Sensex on Monday dropped by 1482.26 points to 36,094.36 in opening trade on weak global cues amid the rapid spread of coronavirus across the world.
Mar 09, 2020, at 11:14 am
Moscow/Sputnik/UNI: Oil prices fell by more than 30 percent on Monday, in the wake of OPEC oil producers’ failure to agree on deeper production cuts.
Indian Rupee down by 21 paise against USD
Mar 09, 2020, at 11:10 am
Mumbai/UNI: The Rupee on Monday slipped by 21 paise to touch 74 level in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian market turns red: Sensex tanks 1482 pts
Mar 09, 2020, at 11:07 am
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) Sensex on Monday dropped by 1482.26 points to 36,094.36 in opening trade on weak global cues amid the rapid spread of coronavirus across the world.
Indian market opens in red amid coronavirus fears
Mar 09, 2020, at 09:46 am
Mumbai/IBNS: As investors panicked about coronavirus trouble, the Indian domestic stock market dropped sharply during early trades on Monday.
Tokyo stocks fall over 5 percent – market data
Mar 09, 2020, at 09:34 am
Tokyo/Sputnik/UNI: The Tokyo stock exchange Nikkei index dropped 5.56 percent after one hour of trading on Monday, stock market data shows.
Depositors money is safe in any bank: Reserve Bank of India
Mar 08, 2020, at 05:27 pm
Mumbai/IBNS: The Reserve Bank of India on Sunday assured that people should not panic as there is no such concern about safety of their deposits in any bank.
Maharashtra govt's Rs 1,125 cr stuck in Yes Bank
Mar 07, 2020, at 04:26 pm
Mumbai/UNI: Maharashtra government has sought details of reserves lying with various private sector banks as around Rs 1,125 cr of the government are stuck in beleaguered Yes Bank, official sources said here on Saturday.
Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman
Mar 07, 2020, at 11:11 am
Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.
No clue about Yes Bank's crisis: Founder Rana Kapoor
Mar 06, 2020, at 07:45 pm
Mumbai/IBNS: Yes Bank founder and former MD Rana Kapoor has said he is unaware of the developments that led the Reserve Bank of India to impose moratorium on the private bank, an India Today report said.
Indian Rupee down 69 paise against USD
Mar 06, 2020, at 06:26 pm
Mumbai/UNI: The Rupee continued to slid as it dropped by 69 paise to 73.79 on brisk demand for US Dollars by bankers and importers, dealers at Forex Market said.
Your money is safe, don't panic: Yes Bank tells customers
Mar 06, 2020, at 06:16 pm
New Delhi/IBNS: Yes Bank on Friday assured its customers that all their money is safe and there was no need to panic.
Mar 06, 2020, at 05:32 pm
New Delhi/IBNS: Union Finance Minister Nirmala SItharaman on Friday reacted to the development following the emergence of the Yes Bank crisis and assured people that their money will remain safe.
Yes Bank update impacts fintech start ups and app based services
Mar 06, 2020, at 05:09 pm
Mumbai/IBNS: Several fintech startups and apps are facing problems in their operations after Yes Bank was put under moratorium by the Reserve Bank of India on Thursday.
Indian Market: Sensex tanks 893.99 pts
Mar 06, 2020, at 04:42 pm
Mumbai/UNI: Dalal street witnessed another carnage on Friday, as the BSE Sensex dropped by 893.99 points to close at 37,576.62 as banking stocks came under pressure after RBI placed troubled lender Yes Bank under moratorium and took over its board.
Tata Steel moves down by 6.51 pc to Rs 351.20
Mar 06, 2020, at 04:26 pm
Mumbai/UNI: Tata Steel on Friday tumbled down by 6.51 pc to Rs 351.20 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).
Indian Rupee down 66 paise against USD
Mar 06, 2020, at 04:24 pm
Mumbai/UNI: The Rupee tumbled down 66 paise in early trade on brisk demand for US Dollars by bankers and importers on Friday, dealers at the Forex Market said.
Indian Market: Sensex crashes 1,212 pts
Mar 06, 2020, at 04:23 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) sensex on Friday tanked by 1,212 points at 37,258 in opening trade following sell-off in global markets, as fear of the spread of the coronavirus and its economic impact gripped investors.
If govt can look into Yes Bank, then why not PMC, PEN urban or Rupee Bank: AIBEA
Mar 06, 2020, at 04:17 pm
Aurangabad/UNI: All India Bank Employees Association (AIBEA) on Friday asked the government that if it can look into financial crisis of Yes Bank, then why not of PMC, PEN urban or Rupee Bank.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
Mar 06, 2020, at 04:03 pm
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
Yes Bank customers throng branches after RBI puts restriction on withdrawal
Mar 06, 2020, at 03:13 pm
Lucknow/UNI: Customers of Yes Bank rushed to their branches on Friday after they were informed through media and other sources, that RBI has put restriction on their withdrawal till April 3.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
Mar 06, 2020, at 03:05 pm
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
No F&O contracts for Yes Bank after May 28: NSE
Mar 06, 2020, at 01:33 pm
Mumbai/UNI: All existing futures and options (F&O) contracts of Yes Bank, across all expiries, will expire on May 28, 2020, a circular issued by the National Stock Exchange of India (NSE) said on Friday.
Mar 06, 2020, at 01:29 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) sensex on Friday tanked by 1,212 points at 37,258 in opening trade following sell-off in global markets, as fear of the spread of the coronavirus and its economic impact gripped investors.
Swift action will be taken to revive Yes Bank: RBI Governor Shaktikanta Das
Mar 06, 2020, at 11:43 am
Mumbai/IBNS: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the crisis-hit Yes Bank will be revived by the country's central bank very "swiftly" and "fast".
Indian market opens in red, Sensex starts 3.79 percent lower
Mar 06, 2020, at 09:46 am
Mumbai/IBNS: Indian market started in red as early trade showed Sensex opening 3.79 percent lower at 37,011 on Friday.
Govt imposes withdrawal limit on Yes Bank, SBI to acquire stakes
Mar 05, 2020, at 11:09 pm
New Delhi/IBNS: In a major crisis for Yes Bank, the government on Thursday imposed a withdrawal limit of Rs 50,000 for depositors of the beleaguered private bank.