Mumbai, March 17 (TIWN) Describing the reconstruction scheme for Yes Bank as credible and sustainable, Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday sought to assure the private bank's depositors that their hard-earned money is safe.

Reserve Bank of India (RBI) Governor Shaktikanta Das is expected to address a press conference shortly today. While the agenda is still unclear, it is widely being speculated that an emergency inter-meeting interest rate cut may be announced in line with global peers as the rapid spread of the deadly coronavirus has triggered heightened risk of deterioration in global growth.