new Delhi. Some guidelines have been imposed on Yes Bank by the Reserve Bank of India (RBI). After which the disaster of Yes Bank clients has elevated.
Now AIMIM chief and Hyderabad MP Asaduddin Owaisi wrote on the case, 'Previously there have been non-banks like ILFS, Dewan which have been within the grip of a falling financial system. Then a giant company financial institution like PMC was hit by it. And now the primary business financial institution like Yes Bank has failed.
Now Asaduddin Owaisi requested the query, is our financial savings financial institution secure?
First it was non banks like ILFS & Dewan that collapsed beneath the burden of a crashing financial system
Then a giant cooperative financial institution within the wealthy state of Maharashtra, PMC Bank failed
Now we & dhapos; ve the primary ever scheduled business financial institution to fail: Yes Bank
Are our financial savings secure from banks? https://t.co/GaS22OXaZE
– Asaduddin Owaisi (@asadowaisi)
March 6, 2020