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YES BANK CRISIS
March 7 , 2020
1597 days
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- On March 5, 2020, the Reserve Bank of India imposed a month-long moratorium on YES bank.
- The Reserve Bank has imposed withdrawal restrictions of Rs 50,000.
- RBI has selected SBI (The State Bank of India) to inject capital into Yes Bank
- Moratorium has been imposed on the bank by Government of India under recommendation of RBI.
- Rana Kapoor is the founder and CEO of Yes Bank.
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