Sunday, March 8, 2020

Yes Bank founder questioned over loan to DHFL

The Enforcement Directorate, which continued its searches at Rana Kapoor’s Samudra Mahal residence in Worli on Saturday, is investigating whether Doit Urban Ventures, a dummy company controlled by the Yes Bank founder and two of his daughters, received Rs 600 crore as kickbacks from the scam-hit Dewan Housing Financial Corporation Ltd (DHFL) for loans worth Rs 4,450 crore granted by the bank.
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