The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with YES BANK to bolster India’s startup ecosystem.
Highlighting the recent development, the Paymt said that the National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL) to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model.
The apex court also questioned why the Enforcement Directorate (ED) is taking so long to investigate the YES Bank scam pertaining to Rs 3,642-crore.
Stating that the case has ‘rocked the entire banking system’, the Supreme Court on Friday rejected the bail plea of…
The MoU aims at enhancing the startup ecosystem in India by granting them access to a diverse range of resources through YES Bank’s curated startup-focused program - YES Head-Startup.
The Entrepreneurship Development Institute of India (EDII), a centre of excellence recognised by the government, announced that it would join hands with certain corporates to create 10,000 women-led green businesses across 100 districts in the country in 1,000 days.
The gross NPA stood at 15 per cent as on September 30, 2021.
Delhi Police's Economic Offences Wing has arrested three persons for allegedly siphoning off more than Rs 300 crores taken as a loan from Yes Bank.
The mobility and consumption indicators have already started recording a sequential drop with state-level lockdown restrictions through April and May.
As many as 277 customers had existing Fixed Deposits with Yes Bank and they prematurely closed them and reinvested an amount to the extent of Rs 80 crores in these AT1 bonds which were subsequently written down.
