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Saturday, 7 March 2020

India’s Economic Intel Agency Arrests Yes Bank Promoter in Money Laundering Case - Reports

New Delhi (Sputnik): India’s central bank suspended the board of troubled private sector lender Yes Bank on 5 March, as it had “undergone a steady decline largely due to the inability of the bank to raise capital to address potential loan losses”. A day later, the Reserve Bank of India also announced a reconstruction plan for bank.

from Sputnik News - World News, Breaking News & Top Stories https://ift.tt/2VSURON
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