@deepakshenoy Look at the core of the order first before commenting on it. Basel III clearly states that it's provisions are not applicable when a bank goes down due to corporate governance and fraud. Kindly read
@deepakshenoy I hope you are joking. Hope you take this down very soon. You have no idea what Yes Bank did to its retail customers...
Please behave like the one I respect and had followed....
@RBI has lost its credibility of able watchdog. How long RBI will go on skirting serious complaints against @YESBANK. No action means RBI is hand in gloves with fraudulent Banks & is protecting their misdeeds. The ultimate sufferers are old, aged,sr. citizens,veterans. @PMOIndia
@OPVerma03@RBI@YESBANK@SCofIndia The fact is that RBI is hand in gloves with fraudulent practices of the banks instead of performing their supposedly sacred duty to protect hapless customers. @FinMinIndia why monitoring authorities are silent & mute for long time ? @PMOIndia@nsitharaman
@OPVerma03@SCofIndia@RBI@YESBANK RBI decision on write off of YESBANK AT1 bonds was challenged but no relief to SR citizens by dragging case for years, no idea how many citizens lost life during the period.