Yes Bank removes fraud tag on Avantha Holdings after audit: Report

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.