Friday, June 26, 2020

HC queries Centre, RBI on different treatment to PMC Bank depositors vis-a-vis Yes Bank

The court noted that as per a March notification issued by the Centre, the RBI as well as the central government had a crucial role to play in the decision taken to permit, firstly, the Yes Bank Limited Reconstruction Scheme 2020 being brought into play and, secondly, to have it funded.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/hc-queries-centre-rbi-on-different-treatment-to-pmc-bank-depositors-vis-a-vis-yes-bank/articleshow/76643448.cms

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