RBI Governor Shaktikanta Das has hailed the ‘swift’ action by the central bank on Yes Bank crisis. Netizens are drawing comparisons between Yes Bank founder Rana Kapoor and absconding businessman Vijay Mallya and Naresh Goyal, former boss of now-grounded Jet Airways. So, what is everyone talking about?
Market regulator Securities and Exchange Board of India (SEBI) says it is examining the possibility of introducing alternate dispute resolution (ADR) mechanism in various agreements between the regulated entities and their clients.