{"id":226691,"date":"2020-03-07T12:30:43","date_gmt":"2020-03-07T07:00:43","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=226691"},"modified":"2020-03-07T11:44:52","modified_gmt":"2020-03-07T06:14:52","slug":"yes-bank-limited-rbi-announces-scheme-of-reconstruction","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/07\/yes-bank-limited-rbi-announces-scheme-of-reconstruction\/","title":{"rendered":"Yes Bank Limited: RBI announces Scheme of Reconstruction"},"content":{"rendered":"

The Reserve Bank of India has placed in public domain a draft scheme of reconstruction<\/a> of the Yes Bank Ltd.<\/p>\n

The Reserve Bank invites<\/a> suggestions and comments from members of public, including the banks’ shareholders, depositors and creditors on the draft scheme. The draft scheme has also been sent to Yes Bank Ltd. and State Bank of India for their comments. The suggestions and comments will be received by Reserve Bank of India up to Monday, March 9, 2020. The Reserve Bank will take a final view soon thereafter.<\/p>\n

It may be recalled that the Yes Bank Ltd. was placed under an order of moratorium on March 5, 2020 which will be effective upto April 3, 2020.<\/p>\n

\n

Reserve Bank of India<\/strong><\/p>\n

Press Release: 2019-2020\/2028<\/span><\/strong><\/p>\n

[Press Release dt. 06-03-2020]<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Reserve Bank of India has placed in public domain a draft scheme of reconstruction of the Yes Bank Ltd. The Reserve <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[39913,2732,39912,39881],"class_list":["post-226691","post","type-post","status-publish","format-standard","hentry","category-business_news","category-news","tag-draft-scheme","tag-Reserve_Bank_of_India","tag-scheme-of-reconstruction","tag-yes-bank-limited"],"yoast_head":"\nYes Bank Limited: RBI announces Scheme of Reconstruction | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/07\/yes-bank-limited-rbi-announces-scheme-of-reconstruction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yes Bank Limited: RBI announces Scheme of Reconstruction\" \/>\n<meta property=\"og:description\" content=\"The Reserve Bank of India has placed in public domain a draft scheme of reconstruction of the Yes Bank Ltd. 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