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Yes Bank

RBI Imposes Monetary Penalty on ICICI Bank and YES Bank for Rule Violations

27 May 2024

On May 27, the Reserve Bank of India (RBI) announced a monetary penalty on ICICI Bank and YES Bank due to rule violations. ICICI Bank was fined Rs 1 crore for sanctioning term loans to certain entities to replace budgetary resources for specific projects without proper due diligence. The bank...

‘Congress knows art of corruption and corruption through art’: Anurag Thakur

14 Mar 2023

Launching an attack on Congress, Union Minister Anurag Thakur on Tuesday said that the party knows the "art of corruption and corruption through art." Thakur's remarks follow a recent report published by global watchdog Financial Action Task Force (FATF), a body that deals with anti-money laundering measures related to terror...