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Category : Business and economics
Published on: July 26 2025
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The Enforcement Directorate (ED) has uncovered that Yes Bank officials cleared ₹3,000 crore in loans to firms led by Anil Ambani between 2017 and 2019 after allegedly receiving bribes. Raids were conducted at properties linked to Ambani and the bank. The probe revealed lapses in due diligence and potential collusion, raising serious concerns about corporate governance.
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