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Withdrawal Limit Of Rs 50,000 At Yes Bank To Be Removed Soon Says Yes Bank Administrator

Mar 09, 2020 04:03 PM IST India India

The Rs 50,000 cap on withdrawal of deposits for Yes Bank customers will end much sooner than a month, even as early as end of the week, the crisis-hit lender’s administrator told CNBC-TV18 on Monday.

“There is absolutely no worry for depositors in the bank. Your money is absolutely safe. Moratorium could be lifted in few weeks,” said Prashant Kumar.