Bank privatisation to be kickstarted soon


Bank privatisation to be kickstarted soon

Inter-ministerial consultations have been completed on a draft cabinet note on proposed amendments. "We have incorporated the relevant suggestions and a final proposal will soon be put for final consideration and approval of the cabinet," the official said.

In March 2020, the CBI had registered an FIR against Kapoor, the former Managing Director of Yes Bank Limited, and twelve others including Kapil Wadhawan and Dheeraj Wadhawan of DHFL on the allegation that Kapoor and his family had obtained undue benefit to the tune of Rs. 600 crores through their companies for an investment of Rs. 3700 crores made by Yes Bank in DHFL’s non-convertible debentures.


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