Tag: Yes Bank

Yes Bank resolution framework underway, depositors can withdraw money from Mar 18: Das

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Mumbai, Mar 16: The Reserve Bank of India (RBI) on Monday said the resolution framework for Yes Bank is underway as planned and depositors can withdraw their money from the evening of March 18. The RBI governor, Shaktikanta Das, also assured to intervene with additional liquidity if there is […]

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

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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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