Government Puts Yes Bank Under Moratorium, RBI Supersedes Board, Withdrawals Capped At Rs 50,000
An elderly woman walks by a Yes Bank Ltd. automated teller machine (ATM) branch in Mumbai, India (Photographer: Kuni Takahashi/Bloomberg)

Government Puts Yes Bank Under Moratorium, RBI Supersedes Board, Withdrawals Capped At Rs 50,000

The Government of India placed Yes Bank Ltd. under moratorium and capped withdrawals for a month, while the Reserve Bank of India superseded the board of the private lender citing a steady decline ...
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