New Delhi [India], Mar 18 (ANI): Yes Bank, on which the Reserve Bank of India (RBI) had imposed a moratorium, will resume normal operations from 6 pm on Wednesday.
Mumbai (Maharashtra) [India], Mar 17 (ANI): Yes Bank will resume normal operations from 6 pm on March 18 and it has no liquidity problem, Administrator of the troubled private sector lender Prashant Kumar said on Tuesday.
Mumbai (Maharashtra) [India], Mar 17 (ANI): Equity benchmark indices gyrated between gains and losses on Tuesday as mounting coronavirus cases and the biggest plunge in US markets in three decades gave ammunition to the bears while the Reserve Bank of India's steps to reign in volatility
Mumbai (Maharashtra) [India], Mar 17 (ANI): Equity indices reversed early losses on Tuesday morning after shares in Wall Street plunged to their biggest day drop in more than three decades overnight.
Mumbai (Maharashtra) [India], Mar 16 (ANI): State Bank of India (SBI) chairman Rajnish Kumar on Monday welcomed the "statements" of Reserve Bank of India (RBI) on Yes Bank, saying the move will reassure the market further.
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.