Your task is to predict the verdict of a claim based on the provided question-answer pair evidence. The possible labels are: 'Supported', 'Refuted', 'Not Enough Evidence', 'Conflicting Evidence/Cherrypicking'. Justify your answer using the provided evidence and select the correct label.

Claim: YES Bank may shut down

Q1: What is the official statement from YES bank executives
A1: “Recent market rumours and reports appear to have generated a lot of speculation around YES BANK Limited. We strongly refute them as being speculative, unsubstantiated, and irresponsible.

While this has impacted the share price adversely, the Bank would like to state that its capital and liquidity position are comfortably above the regulatory threshold and the asset quality is in line with the guidance provided post Q1 FY20 results. The Bank’s outstanding exposure to the Housing Finance / Real Estate conglomerate, which is in the news today, is totally secured and over the last six months there has been a reduction of approximately 30% in this exposure. The account is standard and current.

The Bank’s retail franchise continues to strengthen with an increase of 39% in the number of new Fixed Deposit (FD) accounts, over the previous quarter.

Subsequent to receiving the go ahead from the Reserve Bank of India on Friday, September 27, 2019, the Bank is firmly on track to raising the required growth capital.” - Ravneet Gill, MD & CEO, YES BANK
user
justification: From the answer it seems the claim is refuted

verdict: 'Refuted'
assistant