Yes Bank takes possession of Reliance Group HQ over ₹2,900 cr default

Yes Bank has taken possession of Anil Ambani's Reliance Group headquarters 'Reliance Centre' in Mumbai's Santacruz after its owner Reliance Infrastructure failed to repay nearly ₹2,900 crore to the lender. It also took possession of two floors in Nagin Mahal in South Mumbai. Yes Bank gave 60 days' notice to Reliance Infrastructure to repay the loan on May 6.