Tag: RBI
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What is the role of Reserve Bank of India (RBI) in Indian Economy?
Overview From time to time, we read and watch news about the Reserve Bank of India (RBI) implementing some policies, increasing or decreasing some complex sounding rates, the RBI Governor talking about how inflation is rising, etc. Occasionally we might also hear a friend from finance background talk about how the latest act of RBI…
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Yes Bank Bailed Out! Final Shareholding Pattern after Capital Infusion
Yes Bank was bailed out today after State Bank of India (SBI) and a consortium of 8 other private banks have infused a total capital of ₹12,550 crore by purchasing 1255 crore shares of Yes Bank at ₹10 each. The proceedings of the bailout were as per the directives of issued by the Reserve Bank…
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Yes Bank placed under Moratorium by RBI – What Next?
Today, the 5th of March, 2020 was an eventful day for Yes Bank and all its stakeholders including depositors, shareholders, investors, lenders, creditors, etc. At the end of the day RBI placed the bank under a moratorium for a period of 30 days. Timeline of events (05-Mar-20) So before we discuss our outlook, let’s go…