Yes Bank resumes full banking services for their customers
Updated:5 years, 7 months ago
Lucknow (UP), Mar 19 (ANI): After RBI lifted the moratorium on Yes Bank on evening of March 18, the under-recovery lender resumed its full banking services for their customers. Reserve Bank of India lifted the moratorium to resume normal operations from 6 pm on March 18. On March 05, RBI had imposed a moratorium on Yes Bank, restricting withdrawal limit to Rs 50,000 per depositor. On March 13, Union Cabinet approved a reconstruction scheme for Yes Bank as proposed by RBI. On March 16, Yes Bank approved the reconstruction plan.
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