RBI puts Yes Bank under moratorium, Update: Services to be resume on 18th March 2020

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Federal Bank & Bandhan bank also invested 300 crores each in Yes Bank...The moratorium will be lifted by 18th March... :)
 
Those who have YES BANK shares are only entitled to sell 25% of it, and rest 75% will be locked for 3 years. Seems this is to ensure that Bank will be stable for at least a minimum period. Hope this lock-in will be withdrawn once the bank is stable.
 
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Jaydev Das, Senior Vice President & State Head, YES Bank: We have remitted Rs. 397 crores to the designated State Bank of India (SBI) account of Jagannath Temple Corpus Fund.

ANI
 
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