Ying Bank is climbing again on the sidewalk ...


People who used to stand in line for hours to buy rupees from Yes Bank's ATM are amazed at the rising prices of shares of Yes Bank. Even when the price was Rs 20, people were afraid to buy. Today, the price is Rs 53.85 and people are saying that investing in it is profitable.

Yes Bank has been hit by two thongs. One is to close the loan through the bank and another to convince the major deposit takers. Atledge Bank announced that all ATMs are up and running. Your money is safe. As people started receiving money, the lines at the ATMs began to diminish and an atmosphere of trust was created.

There was confidence that the stock market was starting to rise immediately. Those who trusted India's banking system made twice as much money by stopping money at Yesbank in four days. Even today, its prices have risen to Rs 53.85. Four days ago he was at Rs 24.

The breakdown of Yes Bank in India's banking system was akin to ripping on the administration of the Reserve Bank. The directors of the bank acted like the owner. These banks were disillusioned by not giving the correct information to the Reserve Bank of their debt. There are two main works against the new banker of Yes Bank. One is to win people's trust and the other is to recover an old loan. So far, the bank has proved that its officials were responsible for the bank scandal that has led to the scandal. The bank's founder Rana Kapoor and his daughters-in-law were open when the public realized that Rs 13,000 crore had been looted. When the enforcers got activated it was learned that Rana Kapoor and his three daughters Roshni, Rakhi and Radha opened shell companies and manipulated the loan. As ED's inquiry went deep, it was discovered that the bank's founder had continued to work on getting a loan with a commission even after retiring.

Some companies are working even after the Modi government shut down one and a half million shell companies. The same amount of money that comes through bank loans is set up by such shell companies. Rana Kapoor's daughters were found guilty of raising money through shell companies.

During the investigation, a political connection of Rana Kapoor was also investigated. The train whose train reached the house of Priyanka Gandhi-Vadra. Rana Kapoor, a boss of Priyanka Gandhi's panting Yes Bank, was upset over the purchase of Rs 3 crore. With this, they found out what a big political head is in the category. The Mathewed Congress succeeded in suppressing the whole controversy. However, the amount of three crore is not too small, they were also discussed. The fact that Vijay Mallya's scandal has begun to make people realize that the big scandals cannot portray long without the political elite.

Chanda Kochhar, former chairman of ICICI Bank, is still struggling to get rid of the allegations against him. Her husband Deepak Kochhar and Videocon's chairman had done her a great disservice by keeping her in the dark. Chanda Kochhar, who was given the title of Smart Banker, was given the water of his bank's boardage. Recently, the court gave him no relief.

The Reserve Bank is required to instruct the employees of the banks to deal with humanitarian issues with investment cars and bank customers.

When a customer goes to the bank to find out the account balance of his family members, the safe answer is that the third party does not provide the balance. Legally this may be true, but the same bank provides the balance information over the phone to other tenants. Banks can take out loans to borrowers who can afford money and more deposits. In many cases customers are shouting outside and the manager of the bank appears to be talking to someone in the closed cabin. Returning to the administrative system of Yes Bank, the company in which Rana Kapoor's daughters were director was given a loan of Rs 600 crore to the companies without any kind of security. There is nothing wrong with such small banks going into liquidation.

Rana Kapoor's daughter Roshani's daughter Roshni had to flee to London after the Yasbank scandal came out but police arrested her at the airport. The Reserve Bank has no hold on the administration of the banks.

Now what? Time for the Reserve Bank to tighten up

The Reserve Bank has shown a relaxed attitude so far. Banks have taken advantage of this. Yes Bank did not think about the financial condition of the borrower in the companies to whom the loan was given. The issue of how to get a loan back was left to founder Rana Kapoor. Although Rana Kapoor had retired, she was running a loan office from home. He and his family owned 30 shell companies. While giving information to the Reserve Bank, Yes Bank saved its founders, but the whole country has heard the screaming of the bank that has been pressured under crores of debt. The Reserve Bank has asked ED to take drastic action against Rana Kapoor as well as his family.

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