Explorer
RBI Governor: Yes Bank resolution will be swift
Speaking on the move to take control of Yes Bank, Reserve Bank of India's (RBI) Governor, Shaktikant Das said, "The decision is taken at a 'larger level', not at the individual entity level, the move is aimed at ensuring the safety of the financial system."
The governor expressed confidence that the Yes Bank resolution will be done very swiftly and 30 days has been set as the outer limit.
The Reserve Bank of India on Thursday announced it has superseded the Yes Bank Board of Directors for 30 days and has appointed former SBI CFO Prashant Kumar as the bank's administrator.
India
Ranchi Update: CJP Founder Abhijeet Dipke May Visit Ranchi Tomorrow To Support Student Protest
Prayagraj Clash: Rahul Gandhi's Gen Z Outreach Triggers BJP-Congress War Ahead of UP Polls
Ranchi Politics: BJP Alleges Hemant Govt Is Dividing Students Ahead of Assembly Gherao
Ranchi Update: Govt Begins Talks With Devendra Mahto-Led Student Group Amid Day 15 Protest
Prayagraj Update: Tharoor Questions Student Outreach Ahead of Rahul Gandhi's Youth Event
View More
Top Headlines
World
Zelenskyy Makes First Visit To Russia-Friendly Serbia Amid War
India
Pakistan Bows To PoK Resistance, Defers Polls In 7 Poonch Seats After Aman Khan's Aug 5 Ultimatum
India
Kerala Floods: Pinarayi Vijayan Flags Delayed Alerts, Rescue Lapses, Fishermen Search Failures
India
Tamil Nadu Delimitation Row: DMK MPs To Boycott Vijay's Meeting, Congress Backs CM's Invite
Trending News
