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What is the Future of Yes Bank Employees after Moratorium News?

On March 5, the Reserve Bank of India (RBI) have finally taken a decision on the future of private sector lender Yes Bank.  RBI have imposed a one month long moratorium and restricting certain business transactions. The question is now that how will the crisis at Yes Bank and RBI action impact its employees and […]

What happens to the PDC issued thru Yes Bank against bills after moratorium?

The Reserve Bank of India on Thursday placed a moratorium on withdrawal by Yes Bank deposit holders. Yes Bank – PDC Cheque Issued before 6th March, 2020. What will happen to them? Will Yes Bank Honour Cheques That Were Already Issued? If you have issued a cheque that is in excess of Rs 50,000 and […]

Is Money Safe in Yes Bank?

Reserve Bank of India on Thursday evening superseded the board of directors of Rana Kapoor-promoted Yes Bank and limited cash withdrawal to Rs 50,000. However, depositors can withdraw up to Rs 5 lakh for medical treatment, higher education fees, expenses on marriage and other ceremonies, and “unavoidable emergencies”. The cap applies across even multiple accounts […]

Yes Bank Withdraw Limit 50,000 Kab Tak Rahegi?

The Central Government has imposed a moratorium on Yes Bank effective today, restricting the withdrawal of deposits to Rs 50,000. Any withdrawal over the amount will require the permission of the Reserve Bank of India. See Also : How much money can be withdraw from Yes Bank The moratorium will be applicable from 6:00 pm […]

How to Withdraw Money from Yes Bank?

Yes Bank has gone the PMC way, with the Reserve Bank of India on Thursday evening superseding the Board of Directors and imposing a moratorium on withdrawals and advances for a month as the bank’s financials deteriorated. How much money can be withdraw from Yes Bank? You can withdraw more than Rs. 50,000 only in following […]