Page 307 - Reserve Bank Of India

YES Bank 'won't fall off the cliff', SBI to rescue it with 49% stake

To pick up 49% stake in bank for Rs 2,650 cr; administrator says working to revive bank well before moratorium period ends

Foreign exchange reserves a cushion for India against virus impact: RBI guv

He stressed that a swap line was critical from the point of view of preserving global financial stability

YES Bank crisis: FM Nirmala Sitharaman asks RBI to fix accountability

Sitharaman said the RBI and the government had been closely monitoring YES Bank since 2017

Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's

YES Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment

RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest

Since YES Bank is PhonePe's exclusive UPI partner, the latter's users have been affected the most

'Most of us don't know what happened': Yes Bank customers flock branches

Across branches, the busiest people were the relationship managers, trying to soothe nerves

Crisis at YES Bank highlights governance risk in banking sector: Fitch

The central bank's takeover of Yes Bank appears intended to restore depositor confidence

Working to revive Yes Bank well before moratorium ends: RBI-appointed admin

Kumar, an ex-chief financial officer of SBI, also assured depositors that their money is safe and there is no reason to panic

There will be limited sectoral impact on industries from Coronavirus: Das

The comments from Das come days after the RBI assuaged markets that it will do all it can to minimise the coronavirus impact.

RBI to look into what went wrong at Yes Bank, fix responsibilities: FM

On finding risky credit decisions, the RBI advised change in management, the Finance Minister said

Distress calls, long queues at branches of Yes Bank post withdrawal limit

The bank's board has been superseded by RBI-appointed administrator Prashant Kumar, former deputy managing director and chief financial officer of SBI

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

Digital architectures expanding reach of credit to MSMEs: RBI Governor

"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said

RBI's move to take control of YES Bank puts Mutual Funds on the edge

As many as 32 mutual fund schemes have exposure to bank's AT-1 bonds

RBI to come up with a reconstruction plan for YES Bank soon: Sources

"This will surely not be a rescue plan. You will get to know when the scheme is out," a top SBI executive who did not wish to be named said, hinting that SBI might not take over YES Bank

YES Bank crisis: FM assures depositors as RBI promises quick resolution

RBI has assured there will be a quick resolution, says FM, even as RBI Governor promises resolution in 30 days; SBI Chairman Rajnish Kumar says problem at hand is lender-specific, not sectoral

Want to assure YES Bank depositors that their money is safe: FM Sitharaman

She added that the people can withdraw money to deal with tough situations and the cash crunch is being dealt with

YES Bank resolution will be swift, 30 days is an outer limit: RBI governor

The RBI governor also said that the impact of Covid-19 on India will be limited

YES Bank customers shocked over moratorium; ATMs, branches run our of cash

RBI on Thursday imposed a month-long moratorium on YES Bank citing "serious deterioration in its financial position"

RBI supersedes board of troubled YES Bank, sets Rs 50,000 withdrawal limit

Lender placed under moratorium; withdrawal capped at Rs 50,000; govt, central bank flag governance issues