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Lakshmi Vilas Bank is the fifth financial firm to collapse in India within the last 30 months

The downfall of Lakshmi Vilas Bank (LVB) was in the making for over a year, and it’s only the mos…

Prabhjote Gill   


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3 mins read

Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000

The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…

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1 min read

RBI imposes moratorium on Yes Bank

Earlier in the day, sources said SBI along with some other financial institutions would bail out ca…

PTI   


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4 mins read

Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans

Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total los…

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5 mins read

Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults

The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…

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2 mins read

Yes Bank mobile and net banking down after RBI limits withdrawals to ₹50,000

In a busy day for Yes Bank, withdrawals were capped at ₹50,000 in the evening today, March 5, by …

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1 min read

Moratorium on Yes Bank to be lifted on March 18

"The order of moratorium on the reconstructed bank issued by the government...shall cease to have e…

PTI   


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SBI statement on proposed Yes Bank bailout is far from reassuring

Before the Reserve Bank of India put in a limit of ₹50,o00 on withdrawals by depositors in Yes Ban…

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2 mins read

In the Yes Bank crisis, one chart shows how rumours were used to trap small investors

Now, the shares of Yes Bank, which are trading about ₹37 a piece, may be worth ₹1 soon, accord…

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2 mins read

YES Bank moratorium could be lifted within a week, says RBI-appointed administrator

Prashant Kumar, who has been appointed as the administrator for YES Bank by the RBI, told CNBC-T…

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4 mins read

Yes Bank is damaged beyond repair, says Nomura while RBI tells depositors to keep calm

The private bank on the brink of collapse has been saved by the government, and the regulator Reser…

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4 mins read

Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades

The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…

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2 mins read

Yes Bank says credit and loan payments can be made via other bank accounts

Crisis-hit Yes Bank said on Tuesday that customers could now make payments towards their credit car…

PTI   


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Hopeful of moratorium being lifted this week: Yes Bank administrator

Kumar, former chief financial officer of SBI, however, said that the bank continues to look for ca…

PTI   


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4 mins read

Yes Bank placed under moratorium; RBI supersedes board

"The Reserve Bank came to the conclusion that in the absence of a credible revival plan, and in pu…

PTI   


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LoanTap waives penal charges for customers due to Yes Bank moratorium

"In the process, customers associated with Yes Bank or partnered institutes could have faced uncer…

PTI   


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3 mins read

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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4 mins read

Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow

Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…

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Yes Bank administrator Kumar says working to revive bank 'well before' moratorium period ends

"The current moratorium has been brought into effect keeping the depositors' interest in mind and …

PTI   


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2 mins read

Yes Bank comes out of moratorium; lender says all services available now

"To serve you better, our branches will open one hour earlier at 08:30 hours from March 19 to 21, …

PTI