A- A A+
Last Updated : Apr 16 2021 10:27PM     Screen Reader Access
News Highlights
PM Modi calls for synergy across Ministries and state governments to ensure adequate supply of medical oxygen            Centre asks States, UTs to ensure hassle free movement of Oxygen carrying vehicles            Govt ramping up medical infrastructure to deal with Covid pandemic, says Health Minister            Union Home Secretary reviews COVID-19 situation in Chhattisgarh, UP            CISCE defers Class 10th, 12th board examinations           

Business News

Mar 08, 2020
9:16PM

CBI registers criminal case against Yes Bank founder Rana Kapoor

Tweeted by @AIR
The Central Bureau of Investigation, CBI has registered a case against Rana Kapoor, founder and CEO of Yes Bank, Dewan Housing Finance Limited (DHFL), its promoter Kapil Wadhawan and Doit Urban Ventures (India) Limited on charges of criminal conspiracy, cheating and corruption under relevant sections of Indian Penal Code and  Prevention of Corruption Act.

AIR correspondent reports that CBI has alleged that Rana Kapoor extended financial assistance to DHFL to get substantial undue benefits for himself and his family members via companies held by Kapoor and his family. The FIR was registered after the agency’s specialized unit dealing with bank fraud cases examined the matter. Kapoor is currently in the custody of Enforcement Directorate (ED) which arrested him during the wee hours today on money laundering charges. Kapoor was taken into ED custody after charges of alleged financial irregularities and mismanagement in the operations of the private bank surfaced and the RBI and Union government initiated action to control its affairs. The ED produced Kapoor before a holiday court this afternoon and told the court that it wants to conduct a thorough investigation into the matter and many people are under the scanner. The court then remanded Rana Kapoor in ED's custody till March 11.


Before Kapoor's arrest, he was questioned by the ED sleuths for over 20 hours after the central agency raided his residence on Friday night.



The ED, meanwhile, is also recording the statement of Rana Kapoor's wife and daughters.

   Related News

Live Twitter Feed

Listen News

Morning News 16 (Apr) Midday News 16 (Apr) Evening News 16 (Apr) Hourly 16 (Apr) (1910hrs)
समाचार प्रभात 16 (Apr) दोपहर समाचार 16 (Apr) समाचार संध्या 16 (Apr) प्रति घंटा समाचार 16 (Apr) (2200hrs)
Khabarnama (Mor) 16 (Apr) Khabrein(Day) 16 (Apr) Khabrein(Eve) 16 (Apr)
Aaj Savere 16 (Apr) Parikrama 16 (Apr)

Listen Programs

Market Mantra 16 (Apr) Samayki 1 (Jan) Sports Scan 16 (Apr) Spotlight/News Analysis 16 (Apr) Employment News 16 (Apr) रोजगार समाचार 16 (Apr) World News 15 (Apr) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 16 (Apr) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 10 (Apr) North East Diary 15 (Apr)