Ban on YES Bank lifted, all banking providers operational, prospects begin withdrawing cash

by Jeremy Spirogis
India's cleanest city for 4th consecutive time

Noida: All the banking providers of Yes Bank have change into operational after the lifting of the restrictions imposed by the Reserve Bank of India (RBI). Customers are in a position to withdraw cash from their account. After 13 days, all restrictions on the providers of Yes Bank have been lifted. On the night of March 5, the board of Yes Bank was dissolved and all the management of the financial institution was handed over to the RBI. After this, the federal government introduced a brand new plan for the financial institution and Prashant Kumar was appointed as Chief Executive Officer (Managing Director and CEO).

People are withdrawing cash exterior Yes Bank situated in Sector 27, and other than this financial institution, those that have playing cards of different banks are additionally in a position to withdraw cash. <! –

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                 When IANS spoke to a buyer, he instructed, 'I’ve simply withdrawn cash and there have been some issues within the center, however now it’s proper. On behalf of Yes Bank, on social media too, tweeting info to all prospects has additionally been tweeted, during which it was stated, 'Our banking service is now working.

Bank opening hours prolonged by 21 March
It has additionally been stated that from March 19 to March 21 all our branches shall be began an hour earlier and for senior residents, the time of all our banks has been prolonged from March 19 to March 27, 2020.

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