Explorer

Moratorium imposed on Yes Bank, withdrawals capped at Rs 50,000

The Reserve Bank of India (RBI) on Thursday said a "moratorium" has been imposed on Yes Bank stressing that the bank's financial capability has undergone a steady decline largely due to inability of the bank to raise capital. "The bank has also experienced serious governance issues and practices in the recent years which have led to steady decline of the bank. The Reserve Bank has been in constant engagement with the bank's management to find ways to strengthen its balance sheet and liquidity," the statement read.

India Videos

Manu Bhaker expresses disappointment after not being included in Khel Ratna Award list
Manu Bhaker expresses disappointment after not being included in Khel Ratna Award list

New Reels

View More
Advertisement

Photo Gallery

Advertisement

Videos

Manu Bhaker expresses disappointment after not being included in Khel Ratna Award listKumar Vishwas targets Shatrughan Sinha family, sparks controversy with remarks on RamayanaDelhi Govt. issues guidelines regarding illegal Bangladeshi student admissions in schoolsSambhal News: Shahi Jama Masjid survey report won't be presented today, technical revisions ongoing
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

J&K: Army Vehicle Falls Into Gorge In J&K's Poonch, 5 Dead, Several Jawans Injured
J&K: Army Vehicle Falls Into Gorge In J&K's Poonch, 5 Dead, Several Jawans Injured
Delhi Pollution: GRAP-4 Measures Revoked As Air Quality Improves Amid Light Rains
Delhi Pollution: GRAP-4 Measures Revoked As Air Quality Improves Amid Light Rains
India Vs Pakistan Date & Venue Officially Confirmed For ICC Champions Trophy 2025! Marquee Fixture To Be Played At...
IND Vs PAK Date & Venue Officially Confirmed For ICC CT 2025! Marquee Fixture To Be Played At..
American Airlines Grounds All Its Flights In US Day Before Christmas To Technical Issue
American Airlines Grounds All Its Flights In US Day Before Christmas To Technical Issue
Advertisement
ABP Premium
Embed widget