Tag: RBI moratorium

This Gujarat co withdrew Rs 265 crore, hours before RBI moratorium on Yes Bank

NEW DELHI: Vadodara Smart City Development Company, a Special Purpose Vehicle (SPV) of the Vadodara Municipal Corporation (VMC), withdrew Rs 265 crore from Yes Bank a day before the Reserve Bank imposed a moratorium, an official said on Friday. On Thursday, the RBI restricted withdrawals from Yes Bank to Rs 50,000 per depositor due to […]

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