Sebi on Wednesday lifted the freeze on the bank accounts as well as share and mutual fund holdings of Rana Kapoor, former managing director and CEO of Yes Bank.

Kapoor is currently in judicial custody after being arrested in March 2020 in the alleged Yes Bank fraud case. In March, the regulator had attached bank accounts, share and mutual fund holdings of Kapoor to recover dues of over Rs 1 crore. The decision was taken after Kapoor failed to pay a fine imposed on him.

Sebi, in September 2020, had levied the fine on Kapoor for not making disclosures regarding a transaction of Morgan Credit, which was an unlisted promoter entity of Yes Bank.