ED arrests Yes Bank founder Rana Kapoor under money laundering charges
Updated on Mar 08, 2020 01:27 pm IST
Enforcement Directorate (ED) arrested Yes Bank founder Rana Kapoor on March 08. He was arrested under money laundering case related to Dewan Housing Finance Corporation Ltd. He will be produced before a local court today. On Friday, the ED had raided Kapoor's residence. Reserve Bank of India put Yes Bank under a moratorium and capped withdrawals for depositors at Rs 50,000 till April 3.
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