On March 5, RBI took over the board of cash starved Yes Bank to ‘restore depositors’ confidence’ in the lender and preventing it from failing and stopping the contagion effect thereafter

Cabinet to review Yes rescue plan

1 min read . 13 Mar 2020
At present, India has 18 PSBs, compared with 27 in 2017. Post merger, the number will come down to 12.

Cabinet approves merger of 10 PSBs

2 min read . 04 Mar 2020
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