The year 2020 has been an unpredictable year, to say the least — and for very different reasons from the rest of us. It was also so for the shareholders of Yes Bank and Lakshmi Vilas Bank, as they were taken aback with the decisive action taken by the Reserve Bank of India (RBI). For a variety of reasons, neither was able to act in time to create a private solution — either because of unforgiving investors, or due to the allure of getting a better deal. Whatever the reason, the regulator has clearly reiterated the alacrity with which they can move, when needed.