alexa

Search in Indianmoney's WealthPedia

 
Home News In which circumstances can Yes Bank depositors withdraw more than 50K?

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Gold LoanClick Here
 
 
In which circumstances can Yes Bank depositors withdraw more than 50K?

In which circumstances can Yes Bank depositors withdraw more than 50K?

Friday, March 6, 2020, 9:48 AM

The RBI may permit Yes Bank to pay depositors up to Rs.5 lakh during the 30-day moratorium period under certain circumstances. The Rs.50,000 withdrawal limit will be relaxed for depositors who need money for medical treatment, education, marriage or other ceremonies and "any other unavoidable emergency". A "competent authority" will decide on such requests, the government said.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.