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In first reconstruction scheme led by banks, Yes Bank repays entire Rs 50,000 crore to RBI: Chairman Sunil Mehta

In first reconstruction scheme led by banks, Yes Bank repays entire Rs 50,000 crore to RBI: Chairman Sunil Mehta

Sep 12, 2020, at 12:10 am

Mumbai/UNI/IBNS: Yes Bank has fully repaid Rs 50,000 crore to Reserve Bank of India (RBI), it borrowed under the SLF (Special Liquidity Facility) amid the crisis  faced last year, well ahead of time, Yes Bank Chairman Sunil Mehta has said in the bank's Annual General Meeting on Thursday, adding that the private lender's revival marks the first successful reconstruction scheme led by banks in India’s banking history,