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| Exchange Received Time 23/03/2018 15:12:11 Exchange Disseminated Time 23/03/2018 15:12:20 Time Taken 00:00:09 | YES BANK had released the below reproduced Media Statement dated February 16, 2018 and intimated the Stock Exchanges & the media to place on record the Bank's position on the recent developments pertaining to (i) Gems & Jewellery Sector and (ii) the RBI Notification on 'Resolution of Stressed Assets - Revised Framework' dated February 12, 2018.
YES BANK's management has been made aware of certain unfounded rumours in connection with the foregoing. YES BANK management therefore would like to re-iterate the media statement dated February 16, 2018 and reiterate the contents thereof.
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