Yes Bank Crisis: Could RBI have prevented the Aam Aadmi's pain? | The Urban Debate
March 6, 2020
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48:39Now PlayingYes Bank Crisis: Could RBI have prevented the Aam Aadmi's pain? | The Urban Debate
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as posted by the channelOn The Urban Debate with Tanvi Shukla, The banking regulator dissolved the board of directors of the Yes Bank and took control of the bank for a period of 30 days till April 3 and placed some restrictions on transactions. The bank lent a lot to stressed corporates like IL&FS, DHFL, ADAG group and Vodafone Idea, the FM said.
Yes Bank, being a private bank, RBI has got better & direct control & therefore, RBI could help them out, while PMC, being a cooperative bank, we need to reform better. says, BJP's Vishwas Pathak.
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