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RBI assures deposits in banks safe after Yes Bank crisis
March 8, 2020 | By Hindustantimes.com
business
RBI’s moratorium on the crisis-ridden Yes Bank limiting withdrawals to Rs 50,000 for a month had triggered panic among account holders who lined up before branches and ATMs to withdraw their money
:
  • RBI assures depositors across banks in India
  • RBI says media reports questioning solvency of banks are flawed
  • Current panic triggered by Yes Bank crisis that led to cap on withdrawals
The Reserve Bank of India has dismissed
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