Tag: Rana Kapoor

The Enforcement Directorate (ED) has alleged that Rana Kapoor and Dewan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan had siphoned off funds worth Rs 5,050 crore through suspicious transactions.

Mumbai: The Reserve Bank of India (RBI) has reaffirmed that a successor to YES BANK’s MD and CEO Rana Kapoor should be appointed by February 1, 2019. The private lender had earlier said it will request RBI to extend Kapoor’s tenure up to minimum of April 30, 2019. According to a company’s filing on Wednesday, […]

Mumbai: The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money laundering charges here in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said. Kapoor’s arrest at […]

Mumbai: Even as a Mumbai court sent Yes bank founder Rana Kapoor to the Enforcement Directorate custody till March 11, agency officials claimed that the former MD and CEO and his family members allegedly set up over 20 shell companies to receive kickbacks. Kapoor was arrested by the ED officials on Sunday morning after over […]

Mumbai: The Enforcement Directorate (ED) has arrested Yes Bank’s former Chairman Rana Kapoor in an alleged money-laundering case pertaining to the probe in a HDIL group company, official sources said on Wednesday. Currently in jail in the DHFL case, Kapoor – who has been sent to ED custody till January 30 – had allegedly sanctioned […]