The CBI has now arrested Bhosale in a 2020 case against Kapoor and Wadhawan among others for alleged corruption. The CBI had recently arrested Sanjay Chhabria of Radius Developers in the case.
In March 2020, a case of loan fraud of Rs 3,600 crore was lodged by the CBI against Rana Kapoor, the promoter Director and CEO of Yes Bank for entering into a criminal conspiracy with Kapir Wadhawan, promoter Director of DHFL and others.
Yes Bank said it witnessed strong growth in deposits and granular advances during the year and the sanctions/disbursements stood at Rs 70,000 crore across various segments in 2021-22.
The CBI has been probing Yes Bank's former co-founder Rana Kapoor and DHFL since March 2020.
Scam started taking shape between April and June in 2018 when Yes Bank invested Rs 3,700 crore in short-term debentures of DHFL.
Referring to the Congress election symbol 'hand', BJP spokesperson Gaurav Bhatia said, "The Congress hand is with corruption... while common people were suffering, the Congress and the Gandhi family were enjoying."
Kapoor told ED that he was told by the then petroleum minister Murli Deora that the refusal to buy MF Husain painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting 'Padma Bhushan' award.
The ED said this in its second supplementary (third overall) charge sheet filed in special court here recently against Rana Kapoor, his family, Wadhawans and others in a money laundering case.
Yes Bank founder Rana Kapoor on Wednesday was granted bail by Special PMLA Court, Mumbai in the alleged fraud case of over Rs 300 crores.
Bombay High Court on Tuesday dismissed a bail plea filed by Yes Bank founder Rana Kapoor's wife Bindu
The CBI on Thursday carried out searches at six locations after registering a fresh case of fraud of Rs 2,435 crore in Yes Bank and other consortium banks against former Crompton Greaves chairman Gautam Thapar who is already under probe in more such cases, officials said.
Yes Bank plans to raise funds in Indian or foreign currency by issuing debt securities, it said on Monday
Implementation of lockdown-like restrictions due to the second wave is likely to create a break in the normalisation process in the Yes Bank's growth process.
Sebi has imposed a fine of Rs 25 crore on Yes Bank for mis-selling AT-1 bonds in the secondary market few years ago.
Reliance Infrastructure has set a target to be a debt free company in 2021. Reliance Infrastructure is owned by Anil Ambani.
Yes Bank share: Yes Bank is all set to be included in the Nifty Next 50 index. Yes Bank's inclusion in the Nifty Next 50 index is an indication that crisis-hit bank's financial health is improving.
PNB Housing and Yes Bank will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers, PNB Housing Finance said in a regulatory filing.
The Enforcement Directorate (ED) has arrested Yes Bank's former Chairman Rana Kapoor in an alleged money-laundering case pertaining to the probe in a HDIL group company, official sources said on Wednesday.
Rana Kapoor was arrested by the ED under provisions of the Prevention of Money Laundering Act (PMLA).
The ED on Monday conducted raids on at least ten premises of a Mumbai-based realty group in connection with its money laundering probe in the Yes Bank alleged bank fraud case, official sources said.
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