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Welcoming the steps announced in the fresh guidelines by the Home Ministry, SCAI Chairman Amitabh Taneja said, /DD+/Revival and resurgence is a long process, which has just about begun./DD+/
With Kapurs’ choosing to step back as YES Bank promoters, an era is over at Yes Bank. Yes Bank was co-founded in 2004 by Ashok Kapur and Rana Kapoor with Ashok as chairman and Rana as managing director and CEO.
Shares were acquired on invocation of pledge subsequent to default/breach of terms of loan to Dish TV India Limited, the company said.
The state-owned company had clocked a consolidated profit of Rs 60.68 crore for the corresponding quarter in 2018-19, it said in a regulatory filing.
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