Bail Out news and trends

India’s Yes Bank Founder Held On Fraud Charges

March 09, 2020
India, Yes bank, fraud, arrest, bail-out, banking, money-laundering charges, AML, news
Your 411 On The China/Greece Crises
Europe // July 11, 2015

“Awesome week.” That’s probably the best answer the PYMNTS team received when asking others to describe the state of the world economy this week (which we did today via a poll – more on that later). It’s also the most accurate. Despite how it is...

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India’s Yes Bank Founder Held On Fraud Charges

March 09, 2020
Yes Bank founder Rana Kapoor was arrested on money-laundering charges amid efforts to formulate a rescue plan for the country’s fourth-largest private lender, Reuters reported on Sunday (March 8).  Kapoor was arrested by India’s Enforcement Directorate, the country’s federal financial crime agency said.  “I want to cooperate with them,” Kapoor told the court. “I’m willing […]