Yes Bank Withdrawal Limit
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Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers
Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...
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Yes Bank Withdrawal Limit To End On Wednesday, Rescue Plan Notified
The government has notified the reconstruction scheme for crisis-hit Yes Bank and has said that the restrictions on withdrawals from its accounts up to Rs 50,000 will be lifted in "three working days", which is by Wednesday.
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Crisis-Hit Yes Bank's Founder Rana Kapoor Arrested For Alleged Fraud
Rana Kapoor, the founder of crisis-hit Yes Bank, has been arrested by the Enforcement Directorate after two days of questioning in an alleged bank scam worth Rs 4,300 crore. He will be in their custody till March 11. The Reserve Bank of India (RBI) has capped transactions for every Yes Bank user at Rs 50,000 for a month, till April 3, after the pri...
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Yes Bank Rescue Plan "Bizarre", Huge Loan Spike Allowed: P Chidambaram
Congress leader P Chidambaram on Saturday said the government's bailout plan for the crisis-hit Yes Bank was "bizarre", targeting the BJP-led administration over a massive oversight failure that allowed a 35 per cent per year jump in its loan book since 2014.
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Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit
After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50,000, depositors in Mumbai rushed to the ATMs for withdrawing cash.
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Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers
Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...
-
Yes Bank Withdrawal Limit To End On Wednesday, Rescue Plan Notified
The government has notified the reconstruction scheme for crisis-hit Yes Bank and has said that the restrictions on withdrawals from its accounts up to Rs 50,000 will be lifted in "three working days", which is by Wednesday.
-
Crisis-Hit Yes Bank's Founder Rana Kapoor Arrested For Alleged Fraud
Rana Kapoor, the founder of crisis-hit Yes Bank, has been arrested by the Enforcement Directorate after two days of questioning in an alleged bank scam worth Rs 4,300 crore. He will be in their custody till March 11. The Reserve Bank of India (RBI) has capped transactions for every Yes Bank user at Rs 50,000 for a month, till April 3, after the pri...
-
Yes Bank Rescue Plan "Bizarre", Huge Loan Spike Allowed: P Chidambaram
Congress leader P Chidambaram on Saturday said the government's bailout plan for the crisis-hit Yes Bank was "bizarre", targeting the BJP-led administration over a massive oversight failure that allowed a 35 per cent per year jump in its loan book since 2014.
-
Customers Rush To ATMs In Mumbai After RBI Caps Yes Bank Withdrawal Limit
After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50,000, depositors in Mumbai rushed to the ATMs for withdrawing cash.
