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RBI announces draft revival plan for Yes Bank, SBI willing to invest
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): The Reserve Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect.
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No need to panic as RBI Governor has assured Yes Bank depositors: SBI Chai
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): SBI Chairman Rajnish Kumar on Friday said that there is no need to panic for depositors of Yes Bank as RBI Governor has assured them in this regard in a press statement.
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Equity indices plunge on weak global cues, Yes Bank crashes by 55 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices closed nearly 2.5 per cent lower on Friday after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over its board.
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Sitharaman to brief media today on Yes Bank crisis
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Finance Minister Nirmala Sitharaman will brief the media at 4.30 pm today on the Yes Bank crisis.
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Sitharaman assures Yes Bank depositors, says their money is safe
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): After restrictions by Reserve Bank of India (RBI) on Yes Bank created panic situation among its customers, Finance Minister Nirmala Sitharaman on Friday assured that money of every depositor is safe.
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Digital architectures expanding reach of credit to MSMEs: RBI Governor Das
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): New technologies are enabling lenders to appraise loan proposals of micro, small and medium enterprises (MSMEs) expeditiously by doing due diligence online, Reserve Bank of India Governor Shaktikanta Das said on Friday.
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Yes Bank depositors' interests will be protected: Govt
Updated : 6 years ago IST
New Delhi/Mumbai (Maharashtra) [India], Mar 6 (ANI): The interests of Yes Bank depositors will be protected and the Reserve Bank of India (RBI) will soon put in place a mechanism to revive the capital-starved public sector lender, the government said on Friday.
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Chidambaram terms Yes Bank crisis as 'regulatory failure'
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Former finance minister P Chidambaram on Friday termed Yes Bank crisis as a completely "regulatory failure" and said there is no need to panic as the Reserve Bank of India (RBI) placed restrictions on the bank.
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Yes Bank stock crashes by 55 pc, NSE cancels its F&Os from May 29
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Shares of Yes Bank crashed by 54.89 per cent on Friday morning, a day after the Reserve Bank of India (RBI) said it is superseding the board of troubled private sector lender with immediate effect.
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Yes Bank customers shocked over RBI decision, queue up at branches to with
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Long queues were witnessed outside Yes Bank ATMs and branches even as customers expressed shock at the Reserve Bank of India (RBI) imposed month-long moratorium on withdrawals.
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Equity indices plunge on weak global cues, Yes Bank cracks by 30 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices tumbled during early hours on Friday after another overnight steep fall on Wall Street with banking stocks seen coming under pressure after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over
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Customers rush to ATMs in Mumbai after RBI caps Yes Bank withdrawal limit
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50000, depositors here rushed to the ATMs for withdrawing the cash
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