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Yes Bank Depositors' Money Safe, Assures FM Nirmala Sitharaman

Yes Bank Depositors' Money Safe, Assures FM Nirmala Sitharaman

Friday, March 6, 2020, 3:40 PM

Finance Minister Nirmala Sitharaman said the Reserve Bank of India is working on an early resolution of Yes Bank Ltd. and assured its depositors that their money is safe. Restrictions imposed on the troubled private lender and super session of its board are steps taken in the interests of depositors, the lender and the economy, Sitharaman told reporters in New Delhi today.
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