Yes Bank: Reconstruction scheme approved, moratorium to be lifted on March 18
Finance Minister Nirmala Sitharaman had earlier said cash withdrawal restrictions and other moratorium conditions on Yes Bank would be lifted within three days of the bailout plan's notification.
The government has notified the Yes Bank reconstruction scheme and said the moratorium on the private lender will be lifted at 6 pm on Wednesday (March 18).
Current administrator Prashant Kumar has been appointed managing director and CEO.
On Friday, Financ
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