Yes Bank takes possession of Anil Ambani's group HQ in Mumbai for default in repayment of dues

Private lender Yes Bank has taken possession of Reliance Centre, the headquarters of the Anil Dhirubhai Ambani Group (ADAG) situated at Santacruz in Mumbai for default in repayment of dues worth Rs 2,892 crore. In an advertisement published in a newspaper yesterday, the bank had informed that it has also taken possession of two floors in Nagin Mahal in South Mumbai, which was its erstwhile headquarters. Yes Bank said it had sought to recover dues of Rs 2,892.44 crore from Reliance Infrastructure...