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Discussion Forum : National - Latest Current Affairs (Q.No. 5486)
5486.
Customers of Yes Bank have been restricted with a monthly withdrawal cap of what amount?
Rs 20,000
Rs 50,000
Rs 70,000
Rs 100,000
Answer: Option
Explanation:
SBI to pick up a 49% stake in Yes Bank for Rs 2,450 crore and clarified that all the deposits and liabilities of the reconstructed bank will continue in the "same manner". The crisis-hit Yes Bank was on March 5 superseded by RBI appointed administrator Prashant Kumar. Customers have been restricted with a withdrawal cap of Rs 50,000 only till April 3.
Discussion:
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