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Yes Bank rescue happened in nick of time before pandemic struck, happy with progress: CEO Prashant Kumar

Yes Bank rescue happened in nick of time before pandemic struck, happy with progress: CEO Prashant Kumar SECTIONS Yes Bank rescue happened in nick of time before pandemic struck, happy with progress: CEO Prashant KumarPTI Last Updated: May 02, 2021, 05:06 PM IST Share Synopsis Speaking for the first time about the journey since the RBI and the government moved in to bailout the lender seeing an exodus of deposits with a Rs 10,000-crore rescue act led by SBI, Kumar acknowledged that the thread was very slender and the timing was very apt. Reuters Kumar said the top 250 officers of the bank will witness a dent in their take homes immediately.

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Yes Bank rescue happened in nick of time before pandemic struck: CEO

Anil Ambani s son Anmol said - professional actors can shoot, leaders rally with a crowd of millions, but work is not necessary | अनिल अंबानी के बेटे अनमोल ने कहा- प्रोफेशनल एक्टर शूटिंग कर सकते हैं, नेता लाखों की भीड़ के साथ रैली, लेकिन काम जरूरी नहीं

Anil Ambani s son Anmol said - professional actors can shoot, leaders rally with a crowd of millions, but work is not necessary | अनिल अंबानी के बेटे अनमोल ने कहा- प्रोफेशनल एक्टर शूटिंग कर सकते हैं, नेता लाखों की भीड़ के साथ रैली, लेकिन काम जरूरी नहीं
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Anil Ambani Group: Banks Mark Accounts of RCom, RTel & RInfra as Fraud, Say Reports

7 Three State-run lenders, State Bank of India (SBI), Union Bank of India (UBI) and Indian Overseas Bank (IOB), have classified accounts of the Anil Ambani owned Reliance Communication Ltd (RCom) and its two units Reliance Telecom Ltd (RTel) and Reliance Infratel Ltd (RInfra) as fraudulent. Further, the Delhi High Court (HC) has opined that the Union government is free to take any steps, or investigate or file any complaint proceedings against RCom and RTel. The resolution professional for RCom has accepted claims worth Rs49,224 crore from 53 creditors, including banks, non-banking finance companies (NBFCs) and mutual funds (MFs). As per a report from LiveLaw, the vacation bench of justice Subramonium Prasad of Delhi HC, while hearing a plea filed by RCom, has asked UBI and IOB to maintain

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In Trustee-unitholder Meeting, Franklin Templeton Denies Allegations Of Favourable Treatment To Some Investors

In the meeting with unitholders, Franklin Templeton denies allegations of favouritism to select investors Unitholders asked trustees when they would get their money back and what could happen if schemes are re-opened for redemptions December 30, 2020 / 02:57 PM IST The first meeting of the trustees and the unitholders of the six debt schemes that Franklin Templeton India was held on Tuesday. The fund house’s President, Sanjay Sapre, denied allegations that some investors may have withdrawn their money before redemptions were suspended. Sapre said that this was an allegation and there was no evidence supporting such a claim. “The redemption patterns don’t appear to indicate any difference in redemptions with respect to specific individuals or advisors,” he said. The meeting was held over video calls, as part of the four-day voting exercise.

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