BusinessCustomers Can Now Use IMPS, NEFT To Pay Dues, Says Yes Bank
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Customers Can Now Use IMPS, NEFT To Pay Dues, Says Yes Bank
Yes Bank resumes inward IMPS, NEFT services
Payments towards Yes Bank credit cards, other bank loans can be made
RBI has taken over Yes Bank, capped withdrawals from its accounts
Yes Bank is weighed down by an increasing pile of bad debt
Depositors rushed to ATMs for withdrawing funds from their accounts following the RBI's move last Thursday to cap the withdrawals at Rs 50,000. While many customers claimed that the bank had not given any prior information about the move, some complained that the ATMs were out of cash.
Currently, the RBI has capped Yes Bank withdrawals at Rs 50,000 till April 3 and imposed limits on withdrawals to protect the depositors.
During ...