RBI Governor Urjit Patel lauds government’s timely move in IL&FS case; says, steps will stablise lender

The Reserve Bank Friday welcomed the government intervention in the IL&FS crisis as a "timely move" which has "helped stabilise the situation" at the infra lender, and offered full help to the new management.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2RuarM4