RBI governor, top bankers assuage concerns on Yes Bank

RBI governor Shaktikanta Das took the lead in assuring depositors expressing confidence that a resolution for the capital starved lender will be "swift and fast" and within the 30 day timeline set by the RBI. "It will be done very swiftly, it will be done very fast. 30 days is the outer limit. You will see very swift action by RBI to put in place a scheme to revive Yes Bank," Das said.

from Banking/Finance-Industry-Economic Times https://ift.tt/38qpe1S