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Searched Tag: yes bank

Banks oppose RBI stand on RTI disclosures, move CIC

January 11, 2026, 05:06 PM - 4 min read

Major banks have challenged disclosure of NPAs and inspection reports before the CIC, even as the RBI insists such information is disclosable under the RTI Act, citing binding Supreme Court precedent.

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The Japanese bank bought the stake from state-owned State Bank of India (SBI), India’s largest public-sector lender, as well as other bank investors

Japan's SMBC completes 20 pc acquisition in Yes Bank

September 18, 2025, 03:39 PM - 2 min read

Japan's Sumitomo Mitsui Banking Corporation (SMBC) has completed acquiring 20 per cent stake in Yes Bank from India’s largest state-owned lender, SBI

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Anil Ambani-linked companies face Enforcement Directorate raids for a third day in Mumbai, as officials probe alleged ₹3,000 crore loan diversion and financial irregularities under PMLA.

ED extends raids against Anil Ambani Group firms for third day

July 26, 2025, 04:03 PM - 5 min read

The ED has extended raids on Anil Ambani-linked firms for a third day, probing a ₹3,000 crore bank fraud and suspected loan diversions through shell companies and financial irregularities.

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