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RBI sources clarify about YES BANK on ET NOW

Sources from the Reserve Bank of India (RBI) have clarified that YES BANK is very much stable and there is no reason to worry. It also mentions that the current management is committed to improving the asset quality and the Bank is stable with regards to all capital adequacy norms.

 

Further, the sources have also clarified that the rumors on YES BANK’s potential merger with PSU Bank is absolutely false.

 

Click on the link to view the full story: https://twitter.com/ETNOWlive/status/1179621224474742791

 

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