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The fact that the RBI supported the administrator’s actions in the court case indicates that, in all likelihood, it had orally instructed him to proceed. ....
The NCLAT found that more than 99 percent of the sanctioned amount – Rs 147.6 crore by Yes Bank in Mack Star s name – was returned to the bank on the same day or within a short period of time. ....
Gross retail disbursements during the quarter more than doubled to Rs 11,431 crore compared to Rs 5,006 crore by June 30, 2021, Yes Bank said in a regulatory filing. ....