New credit card rules in April: Credit card holders of SBI Card, ICICI Bank, Axis Bank, Yes bank will see changes that will come into effect in April 2024.
Former Yes Bank CEO Rana Kapoor has been granted permission by a special court in Mumbai to be interrogated by the Central Bureau of Investigation (CBI) in connection with a loan fraud case involving Cox & Kings Group firm Ezeego One Tours and Travels. The CBI has alleged that Kapoor abused his position to sanction a loan of INR946.44 crore ($127.7 million) to the company. Kapoor was recently granted bail in a separate money laundering case involving Dewan Housing Finance Corporation.
Special public prosecutor Sunil Gonsalves, who represented ED, strongly opposed Kapoor’s application, contending that the applicant could abscond or delay the trial