'What Propelled The Decision To Constitute Reconstruction Scheme For YES Bank And Why The Same Can't Be Done For PMC Bank': Delhi HC Directs Centre and RBI To Submit Affidavits

Delhi High Court has directed the Union Finance Ministry as well as the Reserve Bank of India to file detailed affidavits stating the reasons which propelled them to constitute a Reconstruction Scheme for the YES Bank. The Single Bench of Justice Rajiv Shakdher further asked both the Union and the RBI to state in their affidavits as to how the depositors of PMC Bank are...