{"id":320893,"date":"2020-03-07T03:00:12","date_gmt":"2020-03-07T03:00:12","guid":{"rendered":"http:\/\/tehelka.com\/?p=320893"},"modified":"2020-03-07T03:59:40","modified_gmt":"2020-03-07T03:59:40","slug":"enforcement-directorate-raids-yes-bank-founder-rana-kapoors-mumbai-house","status":"publish","type":"post","link":"https:\/\/tehelka.com\/enforcement-directorate-raids-yes-bank-founder-rana-kapoors-mumbai-house\/","title":{"rendered":"Enforcement Directorate raids Yes Bank founder Rana Kapoor\u2019s Mumbai house"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-320894 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2020\/03\/rana-kapoor.jpg\" alt=\"\" width=\"461\" height=\"371\" srcset=\"https:\/\/tehelka.com\/media\/2020\/03\/rana-kapoor.jpg 461w, https:\/\/tehelka.com\/media\/2020\/03\/rana-kapoor-300x241.jpg 300w\" sizes=\"(max-width: 461px) 100vw, 461px\" \/>The Enforcement Directorate (ED) on Friday conducted raids at the Mumbai residence of Yes Bank founder Rana Kapoor.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">According to the officials, the searches were conducted in connection with a money-laundering probe against him.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">This came after the Reserve Bank of India (RBI) on Thursday capped the withdrawal limit from Yes Bank at Rs 50,000 for depositors and superseded the board of the private sector lender for a period of 30 days.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Prashant Kumar, former-DMD and CFO of State Bank of India (SBI) has been appointed as the administrator of the bank.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The ED registered a case under the Prevention of Money Laundering Act (PMLA) against Kapoor.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The raid was being carried out at his home in Samudra Mahal area.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Meanwhile, a lookout circular has also been issued against Rana Kapoor to prevent him from leaving the country.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Enforcement Directorate (ED) on Friday conducted raids at the Mumbai residence of Yes Bank founder Rana Kapoor. According to the officials, the searches were conducted in connection with a money-laundering probe against him. This came after the Reserve Bank of India (RBI) on Thursday capped the withdrawal limit from Yes Bank at Rs 50,000 [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":320894,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2100,36,2014,2026],"tags":[2423,12749,12714],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/320893"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=320893"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/320893\/revisions"}],"predecessor-version":[{"id":320895,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/320893\/revisions\/320895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/320894"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=320893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=320893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=320893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}