Yes Bank Moratorium: RBI cash withdrawal limit नहीं लगाता अगर ये गलतियां न होतीं | Nirmala Sitaraman

A day after the RBI placed Yes Bank under moratorium and capped the withdrawal limit 50000, account holders queued up outside Yes bank branches and ATMs. Depositors were seen panicked. On the other hand, Yes Bank shares have fallen sharply on the stock market. Congress blamed PM Modi for the crisis. Finance Minister Nirmala Sitharaman assured the depositors that their money is safe.
Yes Bank was founded in 2004 by Rana Kapoor and Ashok Kapur. Ashok Kapur died in 2008 during Mumbai attack. Rana Kapoor has been CEO of the Bank till a year back.

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Edited By: Radhe/ Rohit

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