The authorities has imposed a short lived ban of 30 days on Yash Bank, beneath which prospects can withdraw solely 50 thousand rupees in a month. The information has prompted panic among the many financial institution's account holders. Everyone is upset. There are crowds of cash withdrawers exterior the ATM.
At the identical time, Bollywood actress Payal Rohatgi additionally expressed grief that her father's 2 crore rupees are additionally caught in Yash Bank. During a dialog with a TV channel, Payal stated that his father opened his account at Yes Bank in Gurgaon 11 years in the past and transferred it to the identical financial institution department in Ahmedabad seven years in the past. Shashank Rohatgi, 70, residing in Ahmedabad after retirement, has been affected by most cancers and different severe illnesses for the previous few years. <! –
Payal has additionally executed a tweet associated to it. Payal stated that his father had been listening to concerning the issues happening at Yes Bank for a very long time and was keen to switch his account to a different financial institution. But he was at all times assured by the financial institution that now the scenario has been introduced beneath management, nothing will go mistaken.
Let me inform you, the RBI has set an higher restrict for withdrawing cash from Yes Bank, which is going through scarcity of money. Now the checking account holders will be capable to withdraw a most of Rs 50 thousand solely. The Reserve Bank has taken management of the board of Yash Bank for 30 days.
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