Monday, October 26, 2020

Yes Bank starts physical takeover of Anil Ambani’s Reliance Group HQ in Mumbai

In July, the private lender had taken symbolic possession of the sprawling complex situated off the Western Express Highway and overlooking the Mumbai airport. The action was taken under the SARFAESI Act to recover dues of Rs 2,892 crore from Reliance Infrastructure.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-starts-physical-takeover-of-anil-ambanis-reliance-group-hq-in-mumbai/articleshow/78884697.cms

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