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Top headlines: YES Bank gets credit line, SC slams DoT and telcos, and more

From YES Bank getting Rs 60k-cr line of credit to govt mulling cash transfer option to offset Covid-19, Business standard brings to you the top headlines of the day

YES Bank
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Photo: Dalip Kumar

BS Web Team New Delhi
YES Bank gets Rs 60k-cr line of credit from RBI to resume operations

The Reserve Bank of India (RBI) has extended a credit line of Rs 60,000 crore to YES Bank to ensure that the bank is able to meet its obligations to depositors as it resumed its full-service operations on Wednesday, according to sources familiar with the development. RBI Governor Shaktikanta Das on Monday had said the regulator was ready to offer liquidity if required. Read more...
 
AGR dues: Supreme Court lashes out at DoT, telcos; says must pay all dues

The Supreme Court on