Moratorium on withdrawals may go by Saturday: Prashant Kumar, Yes Bank Administrator

Yes Bank administrator Prashant Kumar said, “we have full support from the RBI as far as liquidity is concerned. There is no issue whatsoever." Clarity on liquidity support for Yes Bank will emerge in three-four days, after which the lender expects to lift the cap on withdrawals.

from Banking/Finance-Industry-Economic Times https://ift.tt/2wHev60