Tag: yes bank defaulted

India’s Yes Bank debacle jolts investors, customers and partners

BENGALURU/MUMBAI/NEW DELHI – Shares in India’s Yes Bank (YESB.NS) plunged on Friday as panicky depositors rushed to withdraw funds and payment partners faced outages after the banking regulator took control of the lender in a late-night move and limited withdrawals. The shock move by the Reserve Bank of […]

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