Mumbai (Maharashtra) [India], Mar 16 (ANI): The Reserve Bank of India (RBI) will conduct another six months US dollar/rupee sell-buy swap on March 23 to ensure that financial markets and institutions remain sound and resilient in the wake of deadly coronavirus (COVID-19), Governor Shaktikant
Mumbai (Maharashtra) [India], Mar 16 (ANI): The moratorium on crisis-hit Yes Bank imposed early this month will be lifted on Wednesday at 6 pm, said Reserve Bank of India (RBI) Governor Shaktikanta Das here on Monday.
New Delhi [India], Mar 13 (ANI): The Union Cabinet on Friday approved reconstruction scheme for private sector lender Yes Bank as proposed by the Reserve Bank of India (RBI) and the moratorium will be lifted within three days after the notification is issued.
Mumbai (Maharashtra) [India], Mar 12 (ANI): The Reserve Bank of India (RBI) on Thursday decided to undertake six-month US dollar sell/buy swaps to provide liquidity to the foreign exchange market.
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India said on Thursday it will buy 725 crore shares of Yes Bank at the price of Rs 10 per share, subject to regulatory approvals.
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) said on Monday that Chalasani Venkat Nageswar, Deputy Managing Director of its international banking group, has been given additional charge of Deputy Managing Director and Chief Financial Officer with immediate effect.
Mumbai (Maharashtra) [India], Mar 8 (ANI): The Reserve Bank of India (RBI) on Sunday assured depositors that there is "no concern regarding the safety of their deposits in any bank".
New Delhi [India], Mar 8 (ANI): Bahujan Samaj Party National Spokesperson Sudhindra Bhadoria on Sunday hit out against the central government over the Yes Bank crisis and said that it has not been able to fix responsibility of those involved.
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman said on Friday that the Reserve Bank of India (RBI) will bring in a reconstruction plan for Yes Bank within the moratorium period of 30 days so that the depositors do not face any issues.
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Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect.
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.