Das also said that private lender YES Bank will come out of moratorium on March 18. "I would like to convey to the depositors of YES Bank, through you, that their money is completely safe and there is nothing to worry. There is no reason for any undue worry," he said.
Indian stocks plunged on Monday, closing nearly 8 per cent lower, as moves by central banks across the globe to cut interest rates failed to calm nerves about the impact of the coronavirus
pandemic on the global economy.
India has reported 114 coronavirus
cases till Monday as it stepped up scrutiny and preventive measures.