
YES Bank moratorium – crisis, impact on UPI transactions & startups
The Reserve Bank of India (RBI) on Thursday (5 March) imposed a moratorium on YES Bank capping the withdrawal limit to INR 50,000 per depositor till 3 April.
The Reserve Bank of India (RBI) on Thursday (5 March) imposed a moratorium on YES Bank capping the withdrawal limit to INR 50,000 per depositor till 3 April.
Financial services firms are trying to build the firm of the future, but their lack of progress is stoking deep skepticism among investors, according to Oliver Wyman