RBI caps withdrawal limit from Yes Bank to Rs 50,000
Updated:5 years, 7 months ago
Updated:5 years, 7 months ago
Mumbai, Mar 06 (ANI): Reserve Bank of India (RBI) has put Yes Bank under moratorium and capped its withdrawal limit to Rs 50,000 for its account holders per month. Board of Directors has been superseded for period of 30 days. Decision was taken by the Central Bank as Yes Bank struggled to raise capital over bad loans.
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