WION Wallet: RBI moves to restructure YES Bank by placing it under moratorium | Yes Bank Moratorium
Edited By WION Video Desk
Published: Mar 05, 2020, 22:29 IST | Updated: Mar 05, 2020, 22:29 IST
The Reserve Bank of India’s has decided to put a moratorium on Yes Bank on Thursday for a period of thirty days. Withdrawals by depositors have been restricted, and mutual funds have begun writing off the value of the Yes Bank debt securities they hold. Watch report:
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