Saturday, March 15, 2025

BANKING

The court, in its order, said the investigating officer had not mentioned the settlement with Piramal Capital in a supplementary charge sheet filed with it. "He has not done it deliberately for reasons best known to him," it observed. The loan has now been settled and whether Yes Bank is at loss or not is between Yes Bank and Piramal Capital, the order said. The accused had not taken loans from Yes Bank directly, the court observed.

from Banking/Finance-Industry-Economic Times https://ift.tt/nIKoQd1
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