After capping the withdrawal limit to ₹50,000 in Yes Bank accounts, Reserve Bank of India Governor Shaktikanta Das said, "Yes Bank resolution will be done very swiftly; 30 days is outer limit." He added, "The decision is taken at a 'larger level', not at individual entity level. The move is aimed at ensuring safety of financial system."
After capping the withdrawal limit to ₹50,000 in Yes Bank accounts, Reserve Bank of India Governor Shaktikanta Das said, "Yes Bank resolution will be done very swiftly; 30 days is outer limit." He added, "The decision is taken at a 'larger level', not at individual entity level. The move is aimed at ensuring safety of financial system."