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Yes Bank Crisis: Petrol Pump Owners Struggle To Pay Oil Companies
March 8, 2020 | By Ndtv.com
business
Petrol Pump owners typically have current accounts and each owner makes a daily payment of Rs 30-40 lakh to the oil company. The pump owners with Yes Bank accounts have been unable to clear their daily dues, post the Yes Bank crisis. They have not shut down y…
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A total of 15 petrol pump owners are fully dependent on their Yes Bank accounts Highlights
  • RBI's moratorium on Yes Bank restricted monthly withdrawals to Rs 50,000
  • A petrol pump owner typically pays Rs 30-40 lakh a day to an oil company <
...
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