The “Draft Scheme of Reconstruction” is recently in news is related to which of the following? |ForumIAS

[A] Banking

[B] Railways

[C] Roadways

[D] Port rejuvenation

Answer: A

Notes:

RBI has placed the financially troubled Yes Bank under a moratorium (temporary suspension).

After placing this bank under a moratorium, the RBI announced a draft Scheme of Reconstruction.
This scheme entails the State Bank of India (SBI) investing capital to acquire a 49% stake in the restructured private lender.

Source: The Hindu

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