Wednesday 18 March 2020

Yes Bank case: Anil Ambani appears before ED

Reliance Group Chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others. Ambani's nine group companies are stated to have taken loans of about Rs 12,800 crore from the bank that reportedly were under "stress".

from Times of India https://ift.tt/2UeQb3o
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