Moratorium imposed on Yes Bank- Withdrawal capped to Rs 50,000

On the recommendation of the Reserve Bank of India, the Government of India has imposed a moratorium on the Yes Bank from the 5th of March 2020 to the 3rd of April 2020.Any account holder can not withdraw more than Rs 50000 from the Bank during the moratorium period irrespective of the number of acc

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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