The next day after the ban on private sector Yes Bank, RBI has also announced its reconstruction plan. It shows that before the cancellation of the bank's management on Thursday and a temporary ban on its work, the RBI and the government had done the complete planning. On Friday evening, the scheme launched by RBI, it has been told that the country's largest state-owned bank is ready to invest in SBI Yes Bank. However, SBI may be given 49% stake in Yes Bank and there are indications that SBI may include some other financial institutions along with it. On the other hand, RBI has released the draft of this scheme under the name Yes Bank Limited Reconstruction Scheme, 2020. It states that the scheme has been prepared under Section 45 of the Banking Regulation Act 1949.

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State Bank of India has expressed its desire to invest in Yes Bank and participate in the Reconstruction Scheme. The capital base of the new bank set up after the restructuring will be Rs 5000 crore. A total of 2400 crore shares worth two rupees will be issued. The investing bank (SBI) will hold a 49% stake in the bank set up after reconstruction. Investor bank will be given Rs 2 per share, with a premium of Rs 8 at a rate of Rs 10 per value. The investing bank can bring its shareholding to 26% within three years. The board of directors of the new YES bank will have some six members under the scheme. It will have one CEO and MD, non-executive chairman, two non-executive directors and two other members appointed by Investors Bank. Two representatives of SBI will be on the board.

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After the announcement by RBI, Finance Minister Nirmala Sitharaman also told the press conference about the plan to bail out Yes Bank. Sitharaman said that even after being restructured, there will be no change in the liabilities and assets of the bank. All agreements made during the tenure of the previous management will be implemented in the same manner. The liabilities of all other creditors, including depositors, will remain the same, ie the customers having money in the bank or taking loans from it will not be affected. The Finance Minister assured all the employees of the bank that their current and other services There can be no change in the terms for at least one year.

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