Yes Bank: What could it be; Chidambaram will ask the central government? P Chidambaram, Congress

Banks are constantly insolvent and take appropriate measures to prevent people from losing money Central government Senior Congress leader PC Chidambaram has questioned why he should not take it.

Yes Bank is currently in a serious financial crisis. It desperately tried to bring its financial capital to the limits set by the RBI. In November last year, the bank’s board of directors approved raising Rs 14,000 crore to raise capital. However, the target was reduced to Rs 10,000 crore due to lack of expected investment.

For IL and FS only, AATP Group of Companies, Cox & Kings, CG Power, DHFL, Acer Shipping, Macleod Russell Yes, the bank 5,266 crore more than Rs. Some of these companies are in bankruptcy. Thus, the warlock debt of Yes Bank has risen drastically.

Currently, SBI and LIC consortium have come forward to buy shares of YESWANI. Yes, the debt burden of Yes Bank is Rs 14,700 crore. This is 54.5% of the bank’s asset value. The Reserve Bank and the Ministry of Finance are taking various steps to protect Yes Bank.

Accordingly, customers can make a maximum payment of up to Tk 50,000 from the bank. S Bank has announced that it will remain with the Reserve Bank of India from March to April 7. To follow Yes, the bank There is panic among the customers.

He says:

The elimination of banks failed Yes, the bank The bankruptcy event shows. Is amazing Whether it will continue or whether it will continue the same way. Central government Still silent. Yes, the bank Let’s take a look at what’s going to happen to customers. He said the customers of BMC Bank have not yet returned the money.

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