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.
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.
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.
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.
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.
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.
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
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
Mumbai (Maharashtra) [India], Mar 5 (ANI): The Reserve Bank of India (RBI) on Thursday said a "moratorium" has been imposed on Yes Bank stressing that the bank's financial capability has undergone a steady decline largely due to inability of the bank to raise capital.
Sydney [Australia], Mar 5 (ANI): After entering their first finals of the ICC Women's T20 World Cup, India skipper Harmanpreet Kaur sympathised with England and said that having reserve days is a great idea.
Sydney [Australia], Mar 5 (ANI): After bowing out of the ICC Women's T20 World Cup, England skipper Heather Knight on Thursday said that it is frustrating to crash out of the tournament due to rain.
Mumbai (Maharashtra) [India], Mar 4 (ANI): Heavy selling in financial and metal stocks dragged equity benchmark indices lower by half a per cent on Wednesday as the government said that number of confirmed Coronavirus cases in India has risen to 28.