Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.

RBI Guv Shaktikanta Das assures very swift action to put in place a scheme to revive Yes Bank

Copy URL

The Centre has put a cap on cash withdrawal from Yes Bank. As per a notification issued by the Ministry of Finance, Yes Bank customers cannot withdraw more than Rs 50,000 in the next one month. The order will be in place till April 3, 2020. "The 30 days which we have given is the outer limit, you will see very swift action from the RBI to put in place a scheme to revive Yes Bank", says Reserve Bank of India Governor Shaktikanta Das.

Have something to say? Post your comment

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service