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'Yes Bank's Rs 4,733 cr loan for DHFL was diverted to builders': CBI

By Economic Times - 3 weeks ago
The CBI has alleged that Yes Bank co-founder Rana Kapoor sanctioned loans worth ₹4,733 crore to DHFL in exchange for ₹600 crore in kickbacks. These loans were then allegedly diverted to Mumbai-based builders who had previously defaulted on loans from Yes Bank, according to the agency's latest charge sheet.

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