Yes Bank shares continue to fall freely on the stock market and are currently down by 75.58 per cent. Many have questioned the timing of the RBI’s decision to impose restrictions on the bank and added that it could have acted before to avoid the crisis.
The 30-day moratorium period, according to Moody’s Investor Services, could act as further deterrent as it will affect timely repayment of bank depositors and creditors, reported MoneyControl.com.