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Yes Bank Ltd under period of Moratorium

Writer: Taxgen TeamTaxgen Team
Mar 6, 20201 min read

Stock Prices Getting a Roller Coaster Ride!


Yes Bank Ltd under period of Moratorium from 5th March 2020 to 3rd April 2020


Aggregate payment to depositor of Yes Bank ltd limited to ₹50,000.00 , with certain exceptions .


As per RBI Press Release ,RBI Will explore and draw up a scheme for bank's reconstruction or amalgamation.



Source

RBI Press Release : 2019-2020/2022

 
 

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