Search Results for: non-banking Financial companies

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

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

SBI keen to acquire 49% stakes in Yes Bank: How much will it cost?

SBI Chairman Rajnish Kumar told reporters at a press conference today that the rescue of Yes Bank was a "must," less than two days after the RBI took control of the capital-starved bank.

Mar 7, 2020

Prince Harry facing criticism for his comments at first public appearance after Royal exit?

The Royal exit has apparently not been easy for Meghan Markle and Prince Harry but the couple Sussex looked confident and dare we say independent as they smiled for the cameras.

Mar 7, 2020

Yes Bank founder Rana Kapoor's Mumbai house raided after ED registers money laundering case

Registering a money laundering case under PMLA against Yes Bank Director Rana Kapoor, the Enforcement Directorate raided his Mumbai residence and will soon issue a look out notice against him as well.

Mar 7, 2020

Russo Brothers, Avengers, Avengers Infinity War, Avengers 4

Obamas and Russo Brothers team up for Netflix's 'Exit West'

The pair of Anthony and Joe Russo, Barack and Michelle Obama are coming together to produce Netflix's film 'Exit West'.

Mar 6, 2020

Here's how you can run Android on your iOS device

Ever wondered if you could run Android on your iPhone? Well, Project Sandcastle is a hack that lets you do it, but in a very limited way.

Mar 6, 2020

RBI's moratorium on Yes Bank affects operations of its digital partner PhonePe

The digital payment service provider PhonePe dependent on Yes Bank for processing its transactions was impacted by the moratorium issued by RBI, resulting in service shutdown for long hours.

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

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

Facebook AI tech combats fake account creation

Facebook has an AI-moderation tool that can catch billions of fake accounts

Facebook's AI-tech is already patrolling the social media platform, taking down billions of fake accounts.

Mar 6, 2020

Meghan Markle facing criticism for being named "most influential" woman in a poll?

Ahead of International Women's Day, LoveCrafts.com conducted research among five thousand people and they felt that Meghan Markle had earned the top spot of the most influential woman in the UK.

Mar 6, 2020

OYO clarifies 5,000 job cuts is not due to Coronavirus scare

Oyo issues coronavirus advisory to its employees and announces 5,000 job cuts globally. The job cuts are a part of the company's restructuring announcement in January 2020, and not owing to Covid-19 scare, an OYO spokesperson clarified.

Mar 5, 2020

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Search Results for: non-banking Financial companies

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

SBI keen to acquire 49% stakes in Yes Bank: How much will it cost?

Prince Harry facing criticism for his comments at first public appearance after Royal exit?

Yes Bank founder Rana Kapoor's Mumbai house raided after ED registers money laundering case

Obamas and Russo Brothers team up for Netflix's 'Exit West'

Here's how you can run Android on your iOS device

RBI's moratorium on Yes Bank affects operations of its digital partner PhonePe

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

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

Facebook has an AI-moderation tool that can catch billions of fake accounts

Meghan Markle facing criticism for being named "most influential" woman in a poll?

OYO clarifies 5,000 job cuts is not due to Coronavirus scare

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]