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FINAL RECONSTRUCTION SCHEME
AT-1 case: Yes Bank does not expect material financial impact from Supreme Court rulingThe Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on...
EU signs off on using Russian asset profits for UkraineThe European Union on Tuesday formally approved using the profits from frozen Russian central bank assets to arm Ukraine, as the United Sta...
IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditorsThe IL&FS Group has paid back Rs 29,000 crore to secured creditors, with an interim pay-out of Rs 920 crore for subsidiary Chenani Nashri T...
RBI, Yes Bank move SC against HC order setting aside ₹8.4k cr AT-1 bonds writeoffInstitutional investors such as mutual funds, including Reliance Nippon, and individuals had put as much as ₹8,415 crore in Yes Bank's AT-1...
Bombay HC sets aside Yes Bank AT-1 bonds write offThe division bench of Acting Chief Justice SV Gangapurwala and Justice SM Modak, in its detailed order, have upheld the plea filed by Axis ...
Bombay HC quashes Yes Bank administrator's decision to write off AT-1 bondsYes Bank had written off AT-1 bonds worth Rs 8,415 crore as part of the bailout in March 2020
Bombay HC quashes Yes Bank Administrator's decision to write off Additional Tier 1 (AT-1) bondsYes Bank had written off AT-1 bonds worth Rs 8,415 crore as part of the bailout in March 2020. A division bench of Acting Chief Justice S V...
AT1 bond crisis: YES Bank bondholders warm up for a court battleThree institutional bond investors ET spoke to said that not all series of AT1 bonds were being treated uniformly, and the communication to...
Index funds seek relief on Yes Bank lock-inThe final reconstruction scheme for Yes Bank mandates a lock-in for existing shareholders up to 75% of their holding for three years. This ...
Nifty ETFs / index funds in a fix as Yes bank shares locked inThe final reconstruction scheme for Yes Bank mandates a lock in for existing shareholders up to 75% of their holding for three years.
SBI says YES Bank rescue math by Monday, due diligence underwaySBI Chairman told a press conference that the bank’s legal team has been doing due diligence.
SBI set to acquire 49% in Yes Bank even as ED raids promoter Rana KapoorRBI has invited suggestions on the scheme up to March 9, after which it will take a final view.
FIs to oppose write-down of YES Bank's perpetual bondsDiscuss possibility of advising the bond trustee to legally challenge proposal
RBI announces draft revival plan for Yes Bank. Here are detailsThe plan proposes that SBI can invest in reconstructed bank for up to 49% stake for nearly Rs 2,450 crore.
RBI releases YES Bank rescue plan; SBI can pick 49% stake at minimum Rs 10 per shareUnder the plan, the authorised capital of YES Bank will stand altered to Rs 5,000 crore.
- Fresh views sought from Finance Ministry on Rs 390 crore loan waiver for MFL
Chennai-based MFL had suffered huge losses since 2003-04, largely due to introduction of the New Pricing Scheme (NPS) for urea by the gover...
Up home loan cap to Rs 10 lakh for priority sector: RBI to RRBsThe RBI asked all RRBs to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for consideration under priority sector lending sche...
- Spic gets nod for pref issue to promoter, Arcil
An extraordinary general meeting (EGM) of Spic held in Chennai on Monday cleared resolutions for issuing convertible preference shares to t...
- Spic Egm approves preferential issue to Arcil, promoters
An extraordinary general meeting of Spic held in Chennai on Monday cleared resolutions for issuing convertible preference shares to the pro...
- Govt okays sick PSUs revival
The government has approved a package for revival of three public sector rail wagon makers Braithwaite and Company, Burn Standard Company a...