Sun. Nov 24th, 2024
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Bhubaneswar: People queue up outside Bapuji Nagar branch of Yes Bank in Bhubaneswar today.

Yesterday, the bank has been placed under moratorium by Reserve Bank of India (RBI).

The RBI has set a withdrawal limit which has been capped at Rs 50,000.

This according to sources, has scared the customers of the bank.

The denizens of Bhubaneswar have queued up in front of the bank to withdraw their deposits.

There are reports that, The State Bank of India will buy over 49% shares in Yes Bank.

(Inputs From: ANI)

By amfnews

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