Tuesday, November 5, 2024

BANKING

The CBI has alleged that Yes Bank co-founder Rana Kapoor sanctioned loans worth ₹4,733 crore to DHFL in exchange for ₹600 crore in kickbacks. These loans were then allegedly diverted to Mumbai-based builders who had previously defaulted on loans from Yes Bank, according to the agency's latest charge sheet.

from Banking/Finance-Industry-Economic Times https://ift.tt/9FBDXZt
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