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Yes Bank Crisis: Reserve Bank of India Caps Withdrawals At Rs 50,000

Taking a stern action against Yes Bank, the Reserve Bank of India superseded the board of the bank with immediate effect on Thursday. The RBI also capped withdrawals at Rs 50,000 per account till further orders.  Soon after the news of RBI’s action broke out, account holders gathered in a large number at Yes Bank ATMs. Watch a ground report.

Updated : 06 March 2020, 01:10 PM