Stock market ends in green in a volatile session
At close, the Sensex was up 301.93 points or 0.36% at 83,878.17, and the Nifty was up 106.95 points or 0.42% at 25,790.25.
At close, the Sensex was up 301.93 points or 0.36% at 83,878.17, and the Nifty was up 106.95 points or 0.42% at 25,790.25.
In a latest development in the PMLA case involving industrialist Anil Ambani, former Yes Bank CEO Rana Kapoor on Monday joined the Enforcement Directorate’s (ED) investigation. Kapoor appeared at the ED headquarters in New Delhi for questioning.
Reliance Infrastructure Ltd on Monday announced that it has fully settled a loan of approximately Rs 273 crore, including interest, owed by its wholly owned subsidiary, JR Toll Road Pvt Ltd (JRTR), to Yes Bank.
The extension comes as the Mumbai-based bank has launched the search for a new CEO and is engaging with global recruitment firms.
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 29,60,000 on Yes Bank Limited for non-compliance with certain directions issued by the apex court on ‘Financial Statements Presentation and Disclosures'.
As many as 277 customers had existing Fixed Deposits with Yes Bank and they prematurely closed them and reinvested an amount to the extent of Rs 80 crores in these AT1 bonds which were subsequently written down.
Reliance Infrastructure (RInfra) has closed three major transactions in the last 90 days including sale of the asset.
1. The bank will offer a bouquet of solutions, including complimentary healthcare benefits. 2. It covers lifestyle, wellness, education, protection and investment.
PNB Housing and YES BANK will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers.
The gross non-performing assets (NPAs) eased to 15.36 per cent during October-December 2020-21 from 18.87 per cent in the year-ago period.
