Yes Bank moratorium ends, banking services resume

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Yes Bank moratorium ends, banking services resume

Mar 18, 2020 19:04 IST

Yes Bank on Wednesday said it has resumed operations and all its banking services are available for its customers now. The Reserve Bank of India had put restrictions on the lender on March 5, under which the bank's withdrawal limit was capped at ₹50,000 till April 3. The government notified the Yes Bank reconstruction scheme last week as banks like SBI, HDFC, ICICI, etc proposed to invest an aggregate amount of ₹10,000 crores.

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