WebJul 7, 2024 · The Reserve Bank of India (RBI) imposed monetary penalties - ranging between ₹ 50 lakh to ₹ 2 crore, on 14 banks including the State Bank of India (SBI), Punjab and Sind … WebJan 21, 2024 · Updated: 21 Jan 2024, 05:55 AM IST Priyanka Gawande. Yes Bank administrator to write off ₹ 8,415 crore worth of the bank’s additional tier-1 bonds (Photo: …

Ajaya Ray - Internal Ombudsman - YES BANK LinkedIn

WebMar 7, 2024 · The story so far: On the advice of the Reserve Bank of India (RBI), the government imposed a moratorium on Yes Bank with effect from 6 p.m. on March 5 up to April 3. Subsequently, the RBI ... Web“RBI has imposed on October 23, 2024, a monetary penalty of Rs 60 million on Yes Bank for non-compliance with the directions issued by RBI on Income Recognition Asset … dcyf child care income limits

RBI imposes penalty on 8 banks, got account in any of THESE?

The banking regulator, while recommending the moratorium, cited a steady decline in Yes Bank’s financial position mainly due to the lender’s inability to raise adequate capital to make provisions for potential non-performing assets. This failing resulted in downgrades by credit rating agencies, which in turn made capital … See more As on March 31, 2014, the bank’s loan book was ₹55,633 crore and deposits were ₹74,192 crore. Since then, over the next five-and-a-half years, … See more While deposit withdrawals have been capped at ₹50,000, there are exceptions under which a higher amount can be withdrawn, with the permission of the RBI. The RBI can allow a customer to withdraw more than ₹50,000 … See more While the government and the regulator have asserted that the problem is solely related to this particular bank, ratings agency Fitch Ratings said the latest developments spotlight the governance risks in India’s … See more In case Yes Bank goes belly up for any reason, depositors will not lose all their money since deposits up to ₹5 lakh are covered under deposit … See more WebOct 24, 2024 · "The Reserve Bank of India (RBI) has imposed on October 23, 2024, a monetary penalty of ₹60 million (Rs 6 crore) on Yes Bank (the bank) for non-compliance … geisinger provider choice vs ppo