Search Results for: Economic crisis

Medics transport a patient through heavy rain into an ambulance at Life Care Center of Kirkland, the long-term care facility linked to several confirmed coronavirus cases in the state, in Kirkland, Washington, U.S. March 7, 2020. REUTERS/David Ryder

Coronavirus outbreak: US death toll hits 19, New York declares emergency

Two more people succumbed to the novel coronavirus in Washington state bringing the nationwide toll to 19, while the number of confirmed cases in New York rose to 89.

Mar 8, 2020

Founder and former managing director of Yes Bank Ltd, Rana Kapoor

Yes Bank crisis: Founder Rana Kapoor arrested by ED for money laundering

The ED had Friday registered a money laundering case against Kapoor and raided his Samudra Mahal residence at Worli, Mumbai, in connection with the large sum of loans granted to Dewan Housing Finance Ltd (DHFL).

Mar 8, 2020

Exclusive: PhonePe is back with ICICI as new UPI partner; nothing changes for 20cr users

After RBI's moratorium on Yes Bank, PhonePe now has a new UPI partner, ICICI Bank.

Mar 7, 2020

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

An RBI moratorium was the last resort to ensure Yes Bank lives through its crisis of deteriorating financial health and a huge pile of bad credits, while State Bank of India stepped in to save the bank by suggesting schemes of reconstruction or amalgamation.

Mar 7, 2020

RPF jawans to work round the clock to ensure passenger safety on Holi, security tightened

Railway Protection Force (RPF) personnel and officials in Jhansi Railway Division won't be getting a day off till March 10.

Mar 7, 2020

YES Bank revival scheme: RBI announces reconstruction plan for capital-starved bank, what it means

As per the Scheme of Reconstruction, the Reserve Bank invited suggestions and comments from members of the public, including the banks' shareholders, depositors and creditors on the draft scheme.

Mar 6, 2020

Coronavirus scare: Riot-hit families at Delhi shelter fear Covid-19 outbreak

Hundreds of families staying at a shelter in Mustafabad after Delhi violence now face the coronavirus scare.

Mar 6, 2020

Have an account with Yes Bank? Here's what you can do

Retail depositors with their money with Yes Bank across the country are in a state of panic and have been withdrawing money as much as they can.

Mar 6, 2020

Rahul Gandhi, Chidambaram react to Yes Bank crisis; Congress, BJP indulge in blame game

Countering Rahul Gandhi's attack, BJP's Amit Malviya put the blame on former finance minister P Chidambaram.

Mar 6, 2020

Nirmala Sitharaman reacts on Yes Bank crisis: FM assures depositors, says 'Money is safe'

"I want to assure all the depositors that their money is safe, I am constantly in touch with the Reserve Bank of India (RBI). The steps that are taken are in the interest of the depositors, the bank & the economy," Sitharaman stated.

Mar 6, 2020

SBI chief meets FM Sitharaman over Yes Bank crisis: 'Will take a call after RBI plan is in'

Following the meeting, the SBI chairman assured the depositors that the interest of Yes Bank depositors will be protected and there is no need to panic.

Mar 6, 2020

Yes Bank shares plunge over 70% after RBI caps withdrawals, SBI demands suspension of trading

The State Bank of India, which gave "in-principal" nod to buy a stake in the beleaguered private lender, demanded that trading of Yes Bank's shares should be suspended till the announcement of formal restructuring by the Reserve Bank of India.

Mar 6, 2020

Yes Bank turns 'No' Bank: RBI takes over board, withdrawals capped at ₹ 50,000; SBI approves investment

A notification issued by the finance ministry on March 5 stayed that the "commencement or continuance of all actions and proceedings" against the bank. The withdrawal limits will remain in effect until April 3, 2020.

Mar 6, 2020

Interest rate on PF reduced: How does it affect salaried employees?

Salaried employees will get 0.15 per cent lower returns on provident fund deposits as EPFO slashes interest rates from 8.65 per cent in 2018-19 to 8.50 per cent in FY20.

Mar 6, 2020

Shocking! Kapil Dev feels Virat Kohli's decline has begun

While analysing Virat Kohli's travails in New Zealand, Kapil Dev suggested that the India skipper is experiencing effects of growing age.

Mar 6, 2020

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Search Results for: Economic crisis

Coronavirus outbreak: US death toll hits 19, New York declares emergency

Yes Bank crisis: Founder Rana Kapoor arrested by ED for money laundering

Exclusive: PhonePe is back with ICICI as new UPI partner; nothing changes for 20cr users

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

RPF jawans to work round the clock to ensure passenger safety on Holi, security tightened

YES Bank revival scheme: RBI announces reconstruction plan for capital-starved bank, what it means

Coronavirus scare: Riot-hit families at Delhi shelter fear Covid-19 outbreak

Have an account with Yes Bank? Here's what you can do

Rahul Gandhi, Chidambaram react to Yes Bank crisis; Congress, BJP indulge in blame game

Nirmala Sitharaman reacts on Yes Bank crisis: FM assures depositors, says 'Money is safe'

SBI chief meets FM Sitharaman over Yes Bank crisis: 'Will take a call after RBI plan is in'

Yes Bank shares plunge over 70% after RBI caps withdrawals, SBI demands suspension of trading

Yes Bank turns 'No' Bank: RBI takes over board, withdrawals capped at ₹ 50,000; SBI approves investment

Interest rate on PF reduced: How does it affect salaried employees?

Shocking! Kapil Dev feels Virat Kohli's decline has begun

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]