Yes Bank Crisis: There is no need to panic, says Chief Economic Advisor

#YesBank : Moratorium a standard procedure, RBI has taken the right step, says CEA Krishnamurthy Subramanian on #YesBankCrisis.
Updates – https://t.co/aWmpEi3U8l pic.twitter.com/eOjEmm9Pfu

— Newsroom Post (@NewsroomPostCom) March 6, 2020

Chief Economic Advisor Krishnamurthy Subramanian said that there is no need for depositors to panic.

“I want to assure all depositors that their funds will remain safe, and there is no need to panic,” he told reporters in New Delhi.