<p>The Reserve Bank of India on Thursday placed YES Bank under moratorium and restricted withdrawals to Rs 50,000, as the central bank assumed control of the troubled private sector lender.</p>.<p>This move comes amid the news of public sector lender State Bank of India (SBI) bailing out the bank.<br /><br /><a href="https://www.deccanherald.com/business/rbi-takes-over-control-of-yes-bank-caps-withdrawal-to-rs-50000-810915.html" target="_blank">Read more here.</a></p>
<p>The Reserve Bank of India on Thursday placed YES Bank under moratorium and restricted withdrawals to Rs 50,000, as the central bank assumed control of the troubled private sector lender.</p>.<p>This move comes amid the news of public sector lender State Bank of India (SBI) bailing out the bank.<br /><br /><a href="https://www.deccanherald.com/business/rbi-takes-over-control-of-yes-bank-caps-withdrawal-to-rs-50000-810915.html" target="_blank">Read more here.</a></p>