Thursday, September 10, 2020

Yes Bank repays entire Rs 50,000 crore special liquidity facility dues to RBI

The government and RBI had replaced the entire board of the lender in March this year and also stopped depositors from accessing their funds for a few days. A new management was installed, the restrictions were lifted and it also completed a Rs 15,000-crore capital raise during the pandemic which will help it restart lending operations.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-repays-entire-rs-50000-crore-special-liquidity-facility-dues-to-rbi/articleshow/78042667.cms

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