18 June 2021,
Yes Bank has removed the fraud tag on the account of Avantha Holdings, a family investment company of businessman Gautam Thapar, after it carried out a forensic audit, a report said.
The bank had red-flagged the account to RBI after the group company defaulted on a loan. Earlier, CBI booked Avantha Group’s Thapar for an alleged ₹466-crore Yes Bank fraud.
-NAV GILL
