Saturday 7 March 2020

Yes Bank: ED questions founder; ATMs run dry

The Reserve Bank of India's (RBI's) decision to place a 30-day moratorium on Yes Bank and cap withdrawals at Rs 50,000 created a scurry as panicked depositors queued up at the bank's branches and ATMs across locations for the second consecutive day on Saturday, even as the Enforcement Directorate continued questioning promoter Rana Kapoor.

from Times of India https://ift.tt/2W4cJqj
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