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CBI Reveals Yes Bank's Rs 2,700 Crore Loss from Fraudulent Transactions with Anil Ambani's Companies
Oct 30, 2025 01:55 am CST
The CBI has filed a charge sheet detailing how Yes Bank suffered a Rs 2,796.77 crore loss due to Rana Kapoor's unilateral investments in Anil Ambani's financial companies. The document alleges a criminal conspiracy involving shell companies, quid-pro-quo arrangements, and regulatory violations between 2017-2019, with 13 individuals and entities charged with conspiracy, cheating, and corruption.
