Explorer
Yes Bank crisis: RBI prepares the reconstruction plan
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Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank". Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank. RBI has asked suggestions from the shareholders and investors.
India
Breaking News: Former Bengal Deputy Speaker Asish Banerjee Found Dead at TMC Office
Student Protest Update: JPSC-JSSC Agitation Enters Day 23, Major Showdown Threatened in Ranchi
Wildfire Alert: Spain's Huesca Battles Massive Blaze Near Homes and Historic Monasteries
NATIONAL TRIBUTE: PM Modi, President Murmu Pay Homage to Atal Bihari Vajpayee at Sadaiv Atal
WEATHER ALERT: UP Wall Collapse, Chitrakoot Flooding, Odisha and Assam Reel Under Water
View More
Top Headlines
Cities
Passenger's Gun Goes Off At Varanasi Airport During Security Check; Two Injured
News
OPINION | India Can Counter MECCA, But US Playing With Fire Concerns All
India
Farmers’ Delhi March Begins Today: Haryana-Punjab Khanauri Border Sealed Ahead Of 228-Km Protest
India
'Proud To Be Dimagi Naxal': P Chidambaram Hits Back At PM Modi Amid I-Day Speech Row
Trending News
