Rana Kapoor sent in judicial custody till April 2

Yes Bank founder Rana Kapoor, arrested in a money laundering case, is “easily susceptible” to getting infected by the coronavirus in prison, his lawyer told a court here on Friday. Kapoor, arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) earlier this month, was remanded in judicial custody till April

CBI books Yes Bank founder, others in fresh case

The CBI has booked Yes Bank founder Rana Kapoor, his wife Bindu and Avantha Realty promoter Gautam Thapar in a fresh case, officials said on Friday. The case relates to the Amrita Shergill bungalow deal and alleged bribe for relaxation in realisation of loans worth over Rs 2,000 crore to Thapar’s companies, according to officials.

Rana Kapoor’s ED custody extended till March 16

A special court on Wednesday extended till March 16 the Enforcement Directorate (ED) custody of Yes Bank founder Rana Kapoor, arrested on money laundering charges. During the hearing, the ED told the special Prevention of Money Laundering Act (PMLA) court that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during his tenure.

Big loans issued by Yes Bank under ED scanner

The Enforcement Directorate (ED) is looking into more multi-crore rupees loans issued by Yes Bank to corporate houses that turned NPAs as part of its money-laundering investigation against its arrested promoter Rana Kapoor, said officials. ED has widened its probe in the case beyond the loan to DHFL and is now looking for more evidence

Yes Bank: ED questions founder; ATMs run dry

The Reserve Bank of India’s decision to place a 30-day moratorium on Yes Bank and cap withdrawals at Rs 50,000 created a scurry as panicked depositors queued up at the bank’s branches and ATMs across locations for the second consecutive day on Saturday, even as the Enforcement Directorate continued questioning its promoter Rana Kapoor.

ED questions Yes Bank founder Rana Kapoor

Crisis-hit Yes Bank’s founder Rana Kapoor was brought to the Enforcement Directorate’s (ED) office in Mumbai for questioning in connection with a money-laundering case against him. The ED is probing Kapoor’s role in connection with the disbursal of a loan to a corporate entity and the subsequent alleged kickbacks reportedly received in his wife’s accounts.