News

⚡YES Bank Crisis: RBI Caps Withdrawals at Rs 50,000, Appoints Ex SBI Chief Financial Officer as Admin

By Saurav Mukherjee

The Reserve Bank of India has put YES Bank on effected moratorium from March 5 to April 3. In the latest circular, effective from 6 pm onwards, the RBI had imposed a cap on the private lender to pay more than Rs 50,000 to the depositors during the moratorium period.

Read Full Story
Read All QuickLY