NEW DELHI: The Reserve Bank of India’s (RBI’s) decision to place a 30-day moratorium on Yes Bank and cap withdrawals at Rs 50,000 created a…
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By Sabari Saran Even as the government and the Reserve Bank of India (RBI) try to put together a rescue arrangement for YES Bank, global…
NEW DELHI: Country’s largest lender State Bank of India (SBI) — which can pick up 49 per cent stake in crisis-hit Yes Bank under the…
People wait outside a Yes Bank branch to withdraw their money in Ahmedabad on March 6, 2020. (REUTERS/Amit Dave) Offering liquidity to a distressed entity…
Yes Bank customers queued up to withdraw money, but to no avail. New Delhi: Panicked Yes Bank customers were seen queuing up at the bank’s…
NEW DELHI: Congress leader and former Union finance minister P Chidambaram on Saturday said the Yes Bank fiasco was caused by “mismanagement” of financial institutions…
Launching a scathing attack on the ruling BJP-led government, former Union Finance Minister and senior Congress leader P Chidambaram on Saturday described State Bank of…
MUMBAI: Mutual fund houses and brokerages Friday morning made frantic calls to their investors who are due to receive redemptions or payouts into linked Yes…
Chennai: It is time that the Central government brings Reserve Bank of India (RBI) under Prompt Corrective Action (PCA) as it has been found wanting…
However, many a customers said they were able to withdraw the stipulated amount of ₹50,000 through cheques at Yes Bank branches. Customers are also facing…