I sources have told India today that the Yes bank crisis will be sorted out in a matter of a few days.

R b I will swiftly to put in place a revival scheme for yes back.

This is the communication that we received from the result back off India the R B I insane that they will ensure that this price is that sorted out in a matter of days on.

They're saying that they're already working on a mechanism to ensure that revival skeevy is put in place for years bank so that customers do not suffer in any way.

The r B I only had in fact very clearly said that customers need no volume, that they will ensure that they interests are protected.

In line with that RVs sources have told us that they're confident off resolving the crisis in the yes bank.

In a matter of a few days, they are saying that they will very soon put a revival scheme in place to ensure yes, bank is pulled out of this crisis and the customers do not suffer.

Now.

This assurance from the r.

B I has comma after Yes Bank was put under moratorium and limited withdrawals to ₹50,000.

The sudden announcement triggered a lot of panic as depositors rushed to withdraw money from the embattled bank in Mumbai.

Police were deployed at summit teams to control overcrowding on the law and order situation.

Similar scenes were witnessed in Ahmedabad and in calm port yesterday.

In a late evening statement, R B I imposed restrictions on the Capitol starved Yes Bank are really says the financial position of Yes Bank has undergone a steady decline due to its inability to raise capital to address potential loan losses on resultant downgrades.

The S Bank crisis comes six months after the PNC Bank was also part not the moratorium.

The result.

Bank has assured the depositors of the bank that day interests were before he protected understated that there's absolutely no need to panic.

Happy Raj.

If Kobe is joining us, live on this broadcast to dodge.

If before we really go into the details, Pretty's off this crisis off Yes, bank.

There are a lot of questions that are emerging from customers who we've spoken to on the ground, and some of those customers are worried not just about the capital of a drone limit, but also about other issues.

They're saying what has happened?

If I've already deposited a check, what happens to that check?

Then what about existing loans?

What about the M is for these loans is very clarity from the r B I.

What is the usual standard operating procedure in these cases, wth e R B instruction is very clear that the maximum that they will be able to deposit in the time petered off fist march to 3rd April is repeats 50,000 from their account.

So if the check if the Czechs have also been deposited and have been given they will be they will not be ableto, you know, take out money more than ₹50,000.

The checks are for up to ₹50,000.

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