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RBI’s Rs50,000 cap on withdrawals from Yes Bank may go 10 days before deadline
March 8, 2020 | By Livemint.com
business
With SBI running the bank, concerns over liquidity and viability of Yes Bank as a going concern have receded.The central bank could lift the cap in one go by 16 March or else do it in stages
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The limit of 50,000 the Reserve Bank of India (RBI) placed on cash withdrawals by Yes Bank customers is likely to not last beyond 23 March, a good 10 days ahead of the 3 April deadline set by the central bank, sources familiar with the development told Mint.W
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