Munjal positive on Indian regulatory framework

Hero Enterprise chairman Sunil
Asked about the RBI's intervention in Yes Bank and the possibility of SBI picking up a 49 per cent stake in it, Munjal said, "It sends a very mixed signal. On one hand, it proves that the regulatory bodies are awake, On the other, it scared a lot of people who are not able to access their deposits."
Asked about the novel coronavirus threat on the economy, Munjal said, "I am concerned but not worried. The negative impact of the virus should start receding by month- end but it needs to be seen how it impacts."