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Your Money Safe, Says Finance Minister As Yes Bank Crashes 85%: 10 Points
06 Mar 2020, 04:45 PM IST i

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Yes Bank: Central bank said that the bank's financial capability had undergone a steady decline.
The decision on Yes Bank was taken at a "larger level" and not at individual entity level, and was aimed at ensuring the safety of financial system, RBI governor said further. The RBI governor also assured, "RBI stands ready to intervene in whatever way required to respond to epidemic challenges". (Also Read: Sensex Tanks 1,000 Points; Virus Spread, Yes Bank Crisis Rattle Investors)
"The RBI is fully ceased of the matter and has a...
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