- After ongoing disruption, the in the private bank, a sigh of relief among YES Bank’s customers.
- All banking services of YES Bank will resume and the bank has decided to open at 8:30 sharp from 19-21st March 2020.
There were talks about the revival of YES Bank, but no one thought it would so soon. After SBI being the largest shareholder of YES Bank, it did some mandatory changes in its board.
On Wednesday YES Bank said it has resumed its operations, and all its banking services are available for its customers.
“Our banking services are now operational. You can now experience the full suite of our services. Thank you for your patience and co-operation. #YESforYOU – The private bank tweeted.
Restriction of INR 50,000 cash withdrawals is also said to be dropped down by the earliest. After injecting some INR 7,250 crores, the bank is said to stand up once again.
Summing Up:
It was a harsh blow to the private bank’s customers but soon SBI and LIC turned out to be savage for the private lender. While there is a lot more be done, small-small acts definitely add to YES Bank’s overall revival.
On behalf of Next Big Brand, we wish all the best to SBI – its largest shareholder and YES Bank to be back on track.
