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The Effects Of The Yes Bank Crisis

The Reserve Bank Of India has placed Yes Bank under moratorium and has restricted withdrawals from Yes Bank to just ₹50,000 per person. The move follows a long period of debt troubles for the bank which struggled to raise additional capital. But what are the effects of the Yes Bank crisis?

The Reserve Bank Of India has placed Yes Bank under moratorium and has restricted withdrawals from Yes Bank to just ₹50,000 per person. The move follows a long period of debt troubles for the bank which struggled to raise additional capital. But what are the effects of the Yes Bank crisis?