RBI
RBI to inject Rs1,00,000-cr liquidity into financial markets
17 Mar 2020
RBI will also undertake another 6-month dollar/rupee sell/buy swap auction on 23 March to provide liquidity to the foreign exchange market
Yes Bank rescue: SBI, 7 other investors to pool in over Rs12,000 cr
13 Mar 2020
SBI, the lead investor, which has proposed to invest up to Rs7,250 crore in Yes Bank, has also recommended that the current administrator of Yes Bank, Prashant Kumar, be appointed as the new CEO of the bank
RBI announces reconstruction of Yes Bank; SBI to pool in 49% equity
09 Mar 2020
As per the scheme of reconstruction, the authorised share capital of Yes bank will stand altered to Rs5,000 crore and the investor bank (SBI) will invest up to 49 per cent shareholding at a price not less than Rs10 for a Rs2 share, ie, at a premium of Rs8 per share
Yes Bank under moratorium; RBI imposes lending curbs
06 Mar 2020
RBI has assured depositors of the bank that it will explore and draw up a scheme in the next few days for the bank’s reconstruction or amalgamation and with the approval of the central government, put the same in place well before the period of moratorium of 30 days ends
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